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…
Asia
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,…
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…
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…
Marketmind: Second-half lift, Tesla beat
A look at the day ahead in U.S. and global markets from Mike Dolan A holiday-staggered week for U.S. markets…
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…
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…
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…
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…
Australia’s BNPL firm Zip to streamline cost and operations – official
(Corrects attribution in paragraph 5 to Zip’s ANZ CEO from Director for investor relations) (Reuters) -Australian buy-now-pay-later firm Zip Co…