Wealth Growth Daily

Asia

Tesla’s Shanghai factory workers welcome bonus increase after record deliveries

BY Reuters  • July 14, 2023July 14, 2023
SHANGHAI (Reuters) – Several workers at Tesla’s Shanghai plant, its biggest manufacturing hub globally by output, said they had been awarded a large increase in their latest quarterly perf[...]
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Asia Business Economy US

Major Australian REIT limits withdrawals from unlisted office fund

BY Reuters  • July 14, 2023July 14, 2023
By Lewis Jackson SYDNEY (Reuters) -An Australian real estate investment trust (REIT) has limited how much investors can withdraw from one of its largest office funds citing challenging property condit[...]
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Asia Australia Business Economy Updated

Marketmind: Banks lob earnings into giddy markets

BY Reuters  • July 14, 2023July 14, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan Flush with hope that impressive disinflation will allow the Federal Reserve to end its rate-hike campaign this month, world markets n[...]
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Asia Business Economy Europe Politics UK US

Australia picks first female central bank head to shepherd through reform

BY Reuters  • July 14, 2023July 14, 2023
By Wayne Cole SYDNEY (Reuters) – Australia has appointed the first female head of its central bank, passing over the current governor to elevate his deputy to the high-profile job amid a public[...]
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Asia Australia Business Economy Updated

Australia No.3 bank clinches union deal for staff to work from home

BY Reuters  • July 14, 2023July 14, 2023
By Byron Kaye SYDNEY (Reuters) – National Australia Bank (NAB), the No.3 lender, reached a deal that lets employees work from home, a union said on Friday, one of the world’s first to give[...]
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Asia Australia Business Economy Updated US

Tesla begins sale of cheaper Model Y vehicle in South Korea

BY Reuters  • July 14, 2023July 14, 2023
SEOUL (Reuters) – Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price of 56.99 million won ($45,139), the automaker’ s website said, making the vehicle[...]
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Asia Business Economy Europe Technology US

Exclusive-China invites global investors for rare meeting as economy sputters-sources

BY Reuters  • July 14, 2023July 14, 2023
By Xie Yu and Julie Zhu HONG KONG (Reuters) – China’s financial regulators have invited some of the world’s biggest investors to a rare symposium next week, three sources said, seeki[...]
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Asia Business Economy Updated

Bullock takes the reins at Reserve Bank of Australia

BY Reuters  • July 14, 2023July 14, 2023
By Lewis Jackson, Stella Qiu and Wayne Cole SYDNEY (Reuters) – Reserve Bank Deputy Governor Michele Bullock will take over from Governor Philip Lowe in September and has already flagged that lea[...]
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Asia Australia Business Updated

Analysis-BOJ in a bind as price pressures heighten case for early policy tweak

BY Reuters  • July 14, 2023July 14, 2023
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is caught in a dilemma with growing prospects of sustained inflation heightening the case for an early tweak to its yield control policy, desp[...]
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Asia Business Economy
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