Tsipras to Address Lawmakers After Stakes Raised in Showdown

Greek Prime Minister Alexis Tsipras is preparing to address lawmakers after raising the stakes in his country’s showdown with creditors by rejecting demands for more austerity and opting for a deferral of IMF payments.

China is hoarding cheap oil in a fleet of supertankers

As Middle East oil producers drive prices lower and make life difficult for the U.S. fracking industry, one clear winner is emerging: China The world's second-largest economy become the top oil importer in April. The key reason? China is taking advantage of cheap oil to boost its strategic reserves.

Treasuries Remain Lower as U.S. Job Gains in May Meet Forecast

Treasuries remained lower after a private report showed the U.S. jobs gains in May met economist forecasts, amid speculation the Federal Reserve is more data-dependent than ever in its quest to raise interest rates.

Abu Dhabi fund ADIA manages more of its billions in-house

DUBAI, June 2 (Reuters) - Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, managed more of its money in-house last year as it strengthened its capabilities and added staff in some areas, ADIA said on Tuesday.

ROUBINI: A market 'time bomb' is raising the risk of a dramatic collapse

Nouriel Roubini, one of the few prominent economists credited with predicting the 2008 financial crisis, thinks more trouble could be just around the corner.