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Tesla begins sale of cheaper Model Y vehicle in South Korea

Fri, Jul 14, 2023, 3:20amFri, Jul 14, 2023, 3:35am
Reuters

SEOUL (Reuters) – Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price […]

Business Economy Europe

Cathay Pacific expects up to $576 million first-half profit as demand jumps

Fri, Jul 14, 2023, 3:14amFri, Jul 14, 2023, 3:20am
Reuters

(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it expects to record a profit of up to HK$4.5 billion […]

Asia Business Economy

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

Fri, Jul 14, 2023, 3:09amFri, Jul 14, 2023, 3:20am
Reuters

By Xie Yu and Julie Zhu HONG KONG (Reuters) – China’s financial regulators have invited some of the world’s biggest […]

Business Economy Europe

China central bank to use tools such as RRR to tackle economic woes

Fri, Jul 14, 2023, 2:37amFri, Jul 14, 2023, 2:50am
Reuters

By Kevin Yao BEIJING (Reuters) -China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and […]

Economy

Fed’s rate hike lags are about to bite: McGeever

Fri, Jul 14, 2023, 2:29amFri, Jul 14, 2023, 2:35am
Reuters

By Jamie McGeever ORLANDO, Florida (Reuters) -For the Fed and the U.S. economy, the hard bit starts now. Depending on […]

Asia Australia Business

Bullock takes the reins at Reserve Bank of Australia

Fri, Jul 14, 2023, 2:17amFri, Jul 14, 2023, 2:20am
Reuters

By Lewis Jackson, Stella Qiu and Wayne Cole SYDNEY (Reuters) – Reserve Bank Deputy Governor Michele Bullock will take over […]

Business Economy Entertainment and Lifestyle Europe

Italy’s luxury groups set aside rivalries to keep it local

Fri, Jul 14, 2023, 2:12amFri, Jul 14, 2023, 2:20am
Reuters

By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming […]

Asia Business Economy

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

Fri, Jul 14, 2023, 1:42amFri, Jul 14, 2023, 1:50am
Reuters

By Leika Kihara TOKYO (Reuters) – The Bank of Japan is caught in a dilemma with growing prospects of sustained […]

Asia Business Canada Central America Economy Europe Latin America UK US

Analysis-Tumbling US dollar a boon to risk assets across the globe

Fri, Jul 14, 2023, 1:04amFri, Jul 14, 2023, 1:05am
Reuters

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk […]

Business Economy Europe UK US

Marketmind: Relief over US inflation keeps Asia upbeat

Fri, Jul 14, 2023, 12:46amFri, Jul 14, 2023, 12:50am
Reuters

A look at the day ahead in European and global markets from Sonali Desai Thursday’s Goldilocks blend of cooling U.S. […]

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