Reuters

SYDNEY (Reuters) - Australian home prices climbed at a brisk pace in May, posting the largest monthly gain since October, as a sustained squeeze on supply of affordable homes in most major capital cities continued to push prices up nationwide, data showed on Monday.

Figures from property consultant CoreLogic showed national home prices rose 0.8% in May, the sixteenth straight month of growth, from April when it gained 0.6%. Prices are up 8.3% on a year... (continue reading...)

FRANKFURT (Reuters) - NATO's recent move to strengthen its eastern border is aimed at deterring Russia, German Chancellor Olaf Scholz said on Sunday, adding that it should be clear to Moscow that the alliance will be ready to defend itself if necessary.

Speaking at the Eastern German Economic Forum also attended by Lithuanian Prime Minister Ingrida Simonyte, Scholz said Germany has played a leading role in NATO's presence in the Baltics on Russia's... (continue reading...)

NEW DELHI (Reuters) - The chief minister of India's capital New Delhi, Arvind Kejriwal, surrendered to prison authorities on Sunday as the interim bail granted by the country's top court in a corruption case ended, his party officials said.

Kejriwal, a firebrand politician who has been a vocal opponent of Prime Minister Narendra Modi, was arrested by the federal financial crime-fighting agency in March in connection with alleged corruption in the... (continue reading...)

By Tim Hepher and Lisa Barrington

DUBAI (Reuters) - The next CEO of Boeing should have an understanding of what led to its current crisis and be prepared to look outside for examples of best industrial practices, the head of the International Air Transport Association said on Sunday.

U.S. planemaker Boeing is engulfed in a sprawling safety crisis, exacerbated by a January mid-air panel blowout on a near new 737 MAX plane. CEO Dave Calhoun... (continue reading...)

By Md Manzer Hussain

(Reuters) - Most stock markets in the Gulf ended higher on Sunday, led by the Saudi index, after a U.S. inflation reading supported expectations of interest rate cuts from the Federal Reserve.

Saudi Arabia's benchmark index rose 1.1% after it hit a more than five-month low on Thursday. The index was lifted by gains in almost all sectors, led by the IT, utilities and healthcare stocks.

ACWA Power advanced... (continue reading...)