SERBIA:

Chinese giant picks Serbia for EUR 400mn investment
China's Linglong tire manufacturer is close to deciding to come to Serbia - which would be the largest foreign investment in the country's industry. This is reported by Belgrade-based newspaper Vecernje Novosti, which added that the Chinese company has been looking for a destination for its European plant for a year now. The investment is question is worth EUR 400 million, and would be the largest foreign investment in Serbia's industry. The plant will produce ten million passenger car tires, two million truck and bus tires, and 10,000 off-the-road tires a year.
Source: b92

Serbia first in Europe in poverty
In Serbia, a quarter of the population, with the monthly income of 15,400 dinars, is considered poor, and our country tops the list of the poorest countries in the EU – says the professor at the Faculty of Economics, Mikhail Arandarenko. He added that in 2016, the absolute poverty rate of the population with the income below 11,700 dinars was 7.3 percent, and that 1.5 percent of the population lived in extreme poverty.
Source: Serbiamonitor

Chinese interested in PKB – Expert teams to arrive to Belgrade
One of the leading Chinese companies is looking into PKB and will soon send a special expert team to Belgrade on this occasion, Ambassador of China to Serbia Li Manchang said a few days ago and added that China was interested in privatizing a half of 120 state companies in Serbia, among which are RTB Bor and PKB. As Politika reports, the Chinese were mentioned earlier unofficially as having displayed interest in the privatization of the biggest Serbian agricultural combine, but this is the first time that a high official of China has mentioned this possibility in a statement.
Source: Ekapija

REGION:

Slovenian SBITOP down 0.33%
SBITOP index was down 0.33%, yesterday, since almost all names from first quotation were in red. Top loosers were Sava Re and Luka Koper, since they lost 1.11% and 0.65%, respectively. Single gainer from first quotation was Gorenje, with 0.97% jump. Top traded name was a pharmaceutical company Krka, with EUR 340ths in volume, while its stock price was down 0.35%.
Source: Ilirika

INO:

Dow rallies more than 200 points, Netflix surges to record close after earnings, Europe finishes on a high note as strong earnings give stocks a boost
Stocks closed sharply higher on Tuesday as investor sentiment was boosted by strong results from some of the biggest U.S. companies. The Dow Jones industrial average rose 0.87%, with UnitedHealth helping lead the index higher. The S&P 500 gained 1.1 percent, while Nasdaq composite advanced 1.7 percent to 7,281.10 as shares of Netflix jumped 9.2 percent to a record high. Netflix was the best performer in the S&P 500 after reporting in-line quarterly earnings and higher-than-expected subscriber growth.
UnitedHealth shares rose 3.6 percent after it reported better-than-expected earnings and raised its outlook for 2018. Goldman Sachs posted better-than-expected earnings and revenue for the first quarter, boosted by a 38 percent jump in equities trading revenue. However, the stock fell 1.7 percent after opening higher.
Johnson & Johnson posted a profit that surpassed estimates, boosted by a strong performance by its pharmaceuticals segment. Johnson & Johnson jumped at the open but slipped to close 0.9 percent lower.
European markets finished Tuesday's session on a positive note, as investors digested the latest news coming out of the corporate space. The pan-European STOXX 600 closed the session up 0.8 percent provisionally, with almost all sectors ending in the black.
Looking at individual stocks, Genmab surged to the top of the index after reporting higher than expected sales of the drug Darzalex in the first quarter. Shares of Genmab jumped 8.74 percent by the close.
Sweden's Intrum Justitia soared 8 percent after it reportedly filed a binding bid for Intesa Sanpaolo's debt collection unit. The deal, which is set to be reviewed by the Italian bank on Tuesday, could rid the lender of around $13 billion of bad debt. Shares of the Italian lender closed up almost 1 percent.
On the data front, a survey showed the mood among German investors collapsed in April, reflecting the escalating unease about Europe's largest economy potentially finding itself vulnerable to an ongoing trade dispute between the U.S. and China.
Source: CNBC, Ilirika