SINGAPORE (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose, and as signs of an economic slowdown in Asia dented the outlook for demand.
Jul.02 — According to Elon Musk, Tesla “just became a real car company.” That as the electric automaker finally exceeded a production target for its Model 3. In the email, the CEO says the company produced 5,000 of the mass market sedans last week, a goal initially set for the end of last year. Bloomberg’s Dave McCombs reports on “Bloomberg Daybreak: Europe.” …read more […]
SYDNEY (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked Asian markets lower on Monday, while the euro and the Mexican peso were both jolted by political developments at home.
OSAKA (Reuters) – Panasonic Corp would consider further investment in Tesla Inc’s so-called Gigafactory if requested by the U.S. electric vehicle maker, an executive at the Japanese conglomerate said on Monday.
LONDON (Reuters) – Investors have sharply increased their use of hedging strategies, signaling concerns that the intensifying trade battle between the United States and China might hit economies from Germany to South Korea.
TOKYO (Reuters) – Business confidence among Japan’s big manufacturers worsened for a second straight quarter in the three months to June, a Bank of Japan survey showed, with the outlook clouded by U.S. trade protectionism and rising input costs.
The euro slipped back in Asian trade on Monday after German Chancellor Angela Merkel was dealt a fresh blow when her interior minister offered to quit in an escalating row over migration policy. Interior Minister Horst Seehofer, who has called for tougher border controls, said he was ready to step down as minister and as chair of his Christian Social Union (CSU), junior coalition partner in Merkel’s government. …read more […]
TOKYO (Reuters) – Nissan Motor has canceled a potential $1 billion sale of its electric car battery unit to China’s GSR Capital, opening the door to other likely suitors keen on a component that is vital for the booming electric vehicles industry.
OSAKA (Reuters) – Japan’s Panasonic Corp would consider additional investment in Tesla Inc’s automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday.
SEOUL (Reuters) – Hyundai Motor cautioned the U.S. administration that imposing up to 25 percent tariffs on imported vehicles from South Korea would hurt a security alliance between the two countries over North Korea’s nuclear ambitions.
SYDNEY (Reuters) – Asian share markets were burdened by fresh losses in China on Monday, while Mexico’s peso firmed as exit polls pointed to a decisive victory for presidential front-runner Andres Manuel Lopez Obrador’s party.
OSAKA (Reuters) – Japan’s Panasonic Corp would consider additional investment in Tesla Inc’s automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday.
SINGAPORE (Reuters) – Oil prices fell by more than 1 percent on Monday as supplies from top exporter Saudi Arabia rose and as signs of an economic slowdown in Asia dented the outlook for demand.
NEW YORK (Reuters) – KKR & Co transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock.
Jul.01 — Tommy Xie, head of greater China research at OCBC, discusses China’s PMI data for June and his outlook for the economy. He speaks on “Bloomberg Markets: Asia.” …read more […]
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