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...
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.
| By: Katy Barnato
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...
| By: David Dolan and Asli Kandemir
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.