Germany is reportedly in talks with UniCredit (UCG IM) over Commerzbank (CBK GY), Bloomberg reports

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BoJ reportedly sees little need for consecutive rate rises, may reconsider its assessment of economic risks, according to Bloomberg citing sources

China’s Finance Ministry has adjusted the consumption tax policy for some batteries

Germany is reportedly in talks with UniCredit (UCG IM) over Commerzbank (CBK GY), Bloomberg reports

Lebanese sources said the US-Israeli-Lebanon meeting would likely be postponed to finalise technical arrangements, Sky News Arabia reports

BoJ is to keep rates unchanged at its July meeting, according to Kyodo

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  • Berlin may seek guarantees on Mittelstand financing, Commerzbank’s separate listing, Frankfurt’s role and avoiding forced redundancies
  • UniCredit could hold nearly 50%, has proposed up to 7K job cuts and is open to concessions

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