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China’s credit engine, which once powered industries and markets all over the world, is stuck in low gear – and set to stay there (www.bloomberg.com)

Data for May due this week is forecast to show a resumption of loan growth after a shock contraction in April, the first for almost two decades. But nobody expects a return to the days when Beijing would engineer borrowing booms to speed up the world’s second-biggest economy....

Hamas demands Gaza pullout within a week of truce, also releasing hostage bodies initially (www.haaretz.com)

Sources in Hamas told Haaretz that this was ‘intended to ensure that Israel will not be able to evade all stages of the deal and return to fighting once all the hostages are released.’ Israel said Hamas’ response was tantamount to a rejection of the proposal itself...

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