Xpeng shares jump as China EV maker prices SUV below Tesla Model Y
By Chavi Mehta (Reuters) -Xpeng’s U.S.-listed shares jumped more than 11% on Friday after the electric-car maker priced its latest…
Asia
Emerging markets carry investor hopes for H2 on lower inflation, rates
By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan, some of the world’s top investors…
China central bank to keep policy ‘precise, forceful’ amid faltering recovery
BEIJING (Reuters) -China’s central bank said on Friday it would implement prudent monetary policy in a “precise and forceful manner”…
US dollar share of global reserves edges up in Q1, euro’s share dips – IMF
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund…
Survivors of Greece boat disaster say coastguard rope toppled boat
MALAKASA/KALAMATA, Greece (Reuters) – Survivors of a boat disaster that likely killed hundreds of migrants near Greece have given accounts…
Joby receives FAA nod to begin flight testing of electric air taxi
(This June 28 story has been corrected to add that Archer received certification to conduct flight testing of its demonstrator…
Dutch curb chip equipment exports, drawing Chinese ire
By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Friday announced new restrictions on exports of some semiconductor equipment, boosting…
Ukraine to receive $1.5 billion from World Bank to support reconstruction
KYIV (Reuters) -Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal…
China raises relending, rediscounting quotas for farm sector, small firms by $27.5 billion
BEIJING (Reuters) – China’s central bank said on Friday it will increase its relending and rediscount quotas by 200 billion…
Investors pour most money into Japan stocks since 2020-BofA
LONDON (Reuters) – Japanese equity funds have had $7.9 billion of inflows in the past four weeks, the most in…