Euro zone economy picks up pace but Germany lags
A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc's economy still grew at its fastest in almost two years as cheap food and fuel boosted spending and a central bank stimulus program kicked in.
Kerry to tell China U.S. committed to free South China Sea movement
U.S. Secretary of State John Kerry will leave China "in absolutely no doubt" about Washington's commitment to freedom of navigation and flight in the South China Sea when he visits Beijing this weekend, a senior State Department official said on Wednesday.
Russia plans army training exercises with China, India
Russian land forces will join troops from China, India, Mongolia and Belarus in a series of joint military training exercises during the second half of this year, President Vladimir Putin's office said on Wednesday.
Japan steps up maritime engagement with Philippines, Vietnam
The Philippines and Japan held their first joint naval exercises in the South China Sea on Tuesday, while Japan's coastguard works with Vietnam this week, as Tokyo boosts maritime ties with two nations at odds with Beijing over the disputed waterway.
Chances Greece will leave euro zone less than one in four, traders say
The chances Greece will leave the euro zone are slightly less than one in four, according to a Reuters poll of traders, but if Athens defaults on a 750 million-euro debt repayment to the IMF on Tuesday the likelihood will increase.
Kerry has 'frank' talks with Putin about Ukraine, Syria
U.S. Secretary of State John Kerry said he had "frank" talks about Ukraine, Syria and Iran with Russian President Vladimir Putin on Tuesday and said it was important to keep in contact.
From rundown outpost, Philippines watches China island take shape in disputed sea
As the Philippine military C-130 transport plane made its approach to the country's most precious outpost in the disputed South China Sea on Monday, it flew past a reef which China is quickly turning into an island.
Eurogroup to issue statement encouraging Greece to accelerate debt talks
Euro zone finance ministers will issue a short statement on Greece on Monday and will welcome progress made so far with creditors but will also warn that more time and effort is needed to overcome difficulties in talks with creditors, two EU officials said.
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