The Greek coast guard opened warning fire on a Turkish cargo ship in the Aegean Sea off the coast of Rhodes island on Monday. The cargo ship named M/V ACT was carrying steel from the southern port of İskenderun to İzmit in the northwest when the Greek coast guard called on the ship to divert its course to Rhodes, Turkey-based Deniz Haber Ajansı reported. Source Daily Sabah
China and the Netherlands on Monday pledged to jointly safeguard multilateralism and free trade by carrying out more open and pragmatic cooperation, against the backdrop of a complicated international situation with increasing uncertainties. Source: Xinhuanet
Officials from South Korea, North Korea and the United Nations are scheduled to meet Tuesday to discuss disarming the tensely guarded inter-Korea border as the two countries look for ways to ratchet down military tensions on the Korean Peninsula. Source: Bloomberg
China’s moves to boost liquidity in an effort to safeguard economic growth are eroding the country’s yield premium over the U.S., putting “renewed pressure” on the yuan, according to Citigroup Inc. Source: Bloomberg
