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UPDATE 1-China's top banking regulator warns of rising bad loans, credit risk - sources

BEIJING/ SHANGHAI, May 25- China's top banking regulator warned of rising credit risk from real estate, local government debt and unconventional forms of finance, sources with direct knowledge told Reuters, highlighting Beijing's struggles to prevent risky debt from engulfing a stuttering economy. As China's economic growth has slowed, Beijing has...
Source: Reuters
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
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
European shares open flat amid low volumes, Greece fears  

European equities opened flat on Monday amid low volumes as a number of markets are closed for the holiday weekend, while Asian stocks spiked to multi-year highs.
Source: CNBC.com
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
Is a Grexit back on the cards?  

Martin Lakos, division director of Wealth Management at Macquarie, explains the market repercussions if Greece defaults on payment due to the International Monetary Fund this month.
Source: CNBC.com
KRG President: Proud of Kurdistan's ability to stop ISIS  

CNBC's Hadley Gamble asks Masoud Barzani, President of Kurdistan Regional Government (KRG) of Iraq, how worried he is about the future of Iraq amid ISIS' advance.
Source: CNBC.com
'Stay well away from China stocks': IMA Asia  

Apart from being opaque, China's stock market is driven mainly by speculation of government policies, says Richard Martin, managing director at IMA Asia.
Source: CNBC.com
What's restraining Wall Street investors  

Jim Awad, managing director at Plimsoll Mark Capital, discusses the weaker finish and anemic trading volumes on Wall Street last week.
Source: CNBC.com