Growth of loans to the private sector in the euro area edged up slightly in May, European Central Bank data showed on Monday.

For the ECB, the statistics are a key indicator of the economic health of the single currency area, as borrowing is a main financing source for corporate investment which in turn should boost the eurozone's currently weak economy.

Oil prices saw a modest rebound on bargain hunting in Asia on Monday, despite uncertainty gripping the markets following last week's decision by Britain to leave the European Union.

British business minister Sajid Javid on Sunday urged companies not to panic following Britain's vote to leave the European Union despite dire warnings of the economic consequences of the Brexit vote.

With property prices in Britain predicted to plummet post-Brexit, foreign investors, especially in Asia, are already poised for a buying spree.

Fatma Ali stands in her small patch of garden in the parched West Bank and wonders how to feed her family of seven when she's had no water in nearly a week.

Will Brexit threaten London's long-booming economy? The British capital fears investors and bankers could flee the city after the shock nationwide vote, threatening its coveted reputation as a global financial hub.

Stock markets in the energy-rich Gulf states dropped Sunday in the first trading session after Britain voted to leave the European Union.

Panama is preparing to officially open its canal this weekend to far bigger cargo ships after nearly a decade of expansion work aimed at boosting transit revenues and global trade.

On Sunday, a VIP ceremony will be held on the banks of the canal to inaugurate the completion of the works.

Spain, which goes to the polls on Sunday in a repeat general election, is the eurozone's fourth largest economy and one of the fastest-growing nations in Western Europe, although it suffers from high unemployment and debt.

GROWTH

Britain's decision to quit the world's largest single market presents China with a golden opportunity to seek better business terms with a more isolated UK, analysts said Friday, pointing out that London has not had its own trade negotiators for 40 years.