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Why the Nikkei rally will carry on

Japanese stocks seem to be on an irresistible rally, hitting fresh fifteen-year highs for seven straight days, and cheap valuations are expected to propel them to greater heights, analysts say.
Source: CNBC.com | By: Mia Tahara-Stubbs
'Tomorrowland' takes top spot at box office on slow weekend

Disney's expensive fantasy adventure essentially had Memorial Day weekend to itself, and still only pulled in a modest $41.7 million in its first four days in theaters according to Rentrak estimates on Monday. Disney put their full weight behind the Brad Bird- directed film with an ambitious George Clooney- led promotional campaign. Rentrak's Senior Media...
Source: The Associated Press | By: By LINDSEY BAHR, AP Film Writer
UPDATE 1-INSIGHT-Stalling economy hurts Turkey's AK Party ahead of election

*Weakened AKP under attack over economy. ISTANBUL, May 25- Murat Dalga stands in a shop filled with everything but customers and swears he won't be voting for Turkey's ruling AK Party this time around. That has given the opposition a new line of attack and highlights the difficulties a weakened AKP will face after the June 7 polls, when it will need to bring in overdue...
Source: Reuters | By: David Dolan and Asli Kandemir
'Ugly' potential fallout from Supreme Court health care case

WASHINGTON- A Supreme Court ruling due in a few weeks could wipe out health insurance for millions of people covered by President Barack Obama's health care law. But it's Republicans- not White House officials- who have been talking about damage control. A likely reason: Twenty-six of the 34 states that would be most affected by the ruling have Republican...
Source: The Associated Press | By: By RICARDO ALONSO-ZALDIVAR, Associated Press
Will Kurdistan sell oil if Baghdad doesn't pay?

Iraq's Kurdistan region will sell its oil independently of Baghdad if the national government does not pay the money it owes, the president of the Kurdistan Regional Government told CNBC.
Source: CNBC.com | By: Katy Barnato
US Defense Sec. questions Iraq's 'will to fight'  

New reports suggest that Iraqi troops have recaptured territory near the city of Ramadi, seized by extremist group ISIS last week. CNBC's Hadley Gamble discusses.
Source: CNBC.com
COLUMN-China boosts oil trading visibility, market power: Russell

SINGAPORE, May 25- If you are looking for evidence that China is becoming more assertive in the global economy, then the trading of physical crude oil in Asia is a good example. Chinaoil, the trading arm of state-controlled giant PetroChina, bought a record 55 cargoes in the Middle East crude market in April, beating its previous high of 47 in October last year.
Source: Reuters
INSIGHT-Stalling economy hurts Turkey's AK Party ahead of election

*Weakened AKP under attack over economy. ISTANBUL, May 25- Murat Dalga stands in a shop filled with everything but customers and swears he won't be voting for Turkey's ruling AK Party this time around. That has given the opposition a new line of attack and highlights the difficulties a weakened AKP will face after the June 7 polls, when it will need to bring in overdue...
Source: Reuters | By: David Dolan and Asli Kandemir
Iraq slams US tactics against ISIS  

Iraq's deputy prime minister Saleh al-Mutlaq, says the U.S. air strikes against ISIS have been "ineffective".
Source: CNBC.com
Loan recovery eludes India's banks

A recovery in India's credit growth could elude the country's banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.
Source: Reuters