By Ariba Shahid KARACHI (Reuters) – Pakistan’s benchmark share index scored its biggest single-day jump in 15 years on Monday, gaining 5.9% on the first trading session after the country s[...]
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July 3, 2023
Hong Kong May retail sales rise 18.4%, sees support from local consumption
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier in the sixth consecutive month of growth thanks to the revival of inbound tourism and positive consumption[...]
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Panasonic needs four more EV battery plants, executive says
By Miho Uranaka OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries for elec[...]
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AstraZeneca shares drop as lung cancer trial update lags expectations
By Maggie Fick and Ludwig Burger (Reuters) – AstraZeneca said on Monday an experimental precision drug slowed progression of lung cancer in a late-stage trial, but the company’s shares fel[...]
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Marketmind: Second-half lift, Tesla beat
A look at the day ahead in U.S. and global markets from Mike Dolan A holiday-staggered week for U.S. markets looks like picking up where a bumper first half of the year ended on Friday, with Tesla wow[...]
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German alternative Mastodon gets boost from newly restricted Twitter
BERLIN (Reuters) – Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity at Mastodon, a German rival that prides itself on its de[...]
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UK year-ahead inflation expectations rise to 5%: Citi/YouGov
LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations eased, according to a survey that will feed into the Bank of England[...]
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Apple makes history as first $3 trillion company amid tech stock surge
(Reuters) – Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new markets coupled with expectations of a more moderate[...]
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South Korea’s POSCO plans $93 billion of investment by 2030
SEOUL (Reuters) – South Korean steelmaking and materials conglomerate POSCO Group, headed by POSCO Holdings, said on Monday it plans to invest 121 trillion won ($93 billion) by 2030 for growth i[...]
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