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1st Jun 2023

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Putin curries favour with China's Xi for 'balanced' Ukraine stance

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Russian president Vladimir Putin thanked Chinese president Xi Jinping for his "balanced position" on the Ukraine "crisis" in Uzbekistan Thursday in what was their first meeting since the war. Putin also backed China's claim to Taiwan and condemned US "provocations" in support of its independence. The meeting is being closely watched by Western diplomats after Russia and China announced a new special relationship at the Chinese Winter Olympics in February.

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ECB: eurozone home prices could see 'disorderly' fall

The European Central Bank in its Financial Stability Review warned EU home prices could see a 'disorderly' fall as high mortgage rates are making houses unaffordable for households and unattractive for investors.

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