Reuters

JAKARTA (Reuters) - Bank Indonesia (BI) is not looking at an across-the-board cut in the reserve requirement ratio (RRR) for banks even as it expands a scheme offering relief for lending to certain sectors to support economic growth, a deputy governor said on Monday.From June 1, lending to sectors such as automotive, trade, electricity, gas, and water utilities qualify for the incentives for relief from the 9% RRR rate.

Banks can reduce their required... (continue reading...)

BEIJING (Reuters) - China held its stance on three disputed islands in the Persian Gulf on Monday despite Tehran's anger at Beijing for describing the Iran-controlled islands as a matter to be resolved with the United Arab Emirates.

In a statement last week, China expressed support for the efforts of the UAE to reach a "peaceful solution" to the issue of the islands - the Greater Tunb, the Lesser Tunb and Abu Musa.

The islands, claimed... (continue reading...)

LONDON (Reuters) - Claudia Sheinbaum has won a landslide victory to become Mexico's first female president, inheriting the project of her mentor and outgoing leader Andres Manuel Lopez Obrador whose popularity among the poor helped drive her triumph.

The ruling coalition was also on track for a possible two-thirds super majority in both houses of Congress, which would allow the coalition to pass constitutional reforms without opposition support.

By David Shepardson

WASHINGTON (Reuters) - The U.S.-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a "Clean Economy" investor forum to boost infrastructure and climate investments across the region.

It marks the first in-person IPEF ministerial session since the substantial conclusion of negotiations for the IPEF Clean Economy Agreement and the Fair Economy... (continue reading...)

(Reuters) - Around 373 million citizens across the 27 member states of the European Union are eligible to vote on June 6-9 in elections to the European Parliament.

Here is all you need to know about the vote:

WHAT IS THE EUROPEAN PARLIAMENT?    

The European Parliament (EP) is the only directly elected body of the EU, representing the citizens of its member states. Its primary functions include negotiating EU laws with... (continue reading...)