By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discount[...]
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Asia
Stocks edge higher with Treasury yields in holiday-shortened session
By Sinéad Carew NEW YORK (Reuters) – Wall Street stock indexes ended Monday’s shorter session up slightly along with U.S. Treasury yields, as investors weighed up a mixed bag of economic d[...]
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Remittances to Mexico hit record, but strong peso softens impact
By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank data showed on Monday, breaking a monthly record that analysts cautioned was so[...]
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Samsung sues Chinese rival over alleged patent violation on iPhone displays
By Hyunjoo Jin SAN FRANCISCO (Reuters) – South Korea’s Samsung Display has filed a lawsuit against BOE Technology, accusing the Chinese rival of infringing five of its patents for displays[...]
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Dollar little changed after ISM data, yen below 145 threshold
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday against a basket of major trading currencies and gained against a yen that’s under intervention[...]
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Global factory output slumps as weak demand weighs
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory activity slumped in June, business surveys showed on Monday, as sluggish demand in China and in Europe clouded the outlook for[...]
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Pakistan shares see biggest one-day gain in 15 years post IMF deal
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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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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