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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Asia
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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PwC Australia sacks eight partners over tax leak scandal
By Lewis Jackson SYDNEY (Reuters) -PwC Australia has fired eight partners as part of an internal investigation into the leak of confidential government tax plans by another former partner, the firm sa[...]
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Australian firm sues Twitter for $665,000 for not paying bills
SYDNEY (Reuters) – An Australian project management firm has filed a lawsuit against Twitter Inc in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-paym[...]
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Indonesia’s June inflation eases to lowest in 14 months
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s annual inflation rate in June eased to 3.52%, settling into the central bank’s target range for a second str[...]
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Analysis-Bond markets reckon a central bank policy error is on the cards
By Yoruk Bahceli (Reuters) – Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip their economies into r[...]
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Marketmind: Tesla delivers surprise, China goes slow
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. The big question for the day is how will investors greet Tesla’s announcement on Sunday that it delivere[...]
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China’s June factory activity slows as conditions weaken – Caixin PMI
BEIJING (Reuters) – China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly conce[...]
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Japan factory activity slips back into contraction in June on soft orders
TOKYO (Reuters) – Japan’s factory activity contracted in June after expanding for the first time in 7 months in May, a private survey showed on Monday, dragged down by weak orders for cycl[...]
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