South Korea factory activity slumps into longest downtrend since early 2009 – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for an 11th consecutive month in May, slumping into its longest downtrend…
Japan’s factory activity expands first time in 7 months – PMI
TOKYO – Japan’s factory activity expanded in May for the first time in seven months thanks to increases in output…
Tesla doubles discounts on Model 3 cars in US inventory
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc has doubled discounts on some already made new Model 3 electric…
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar
By David Kirton SHENZHEN, China (Reuters) – For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting…
Failed Republican candidate charged in shooting spree aimed at New Mexico Democrats
By Kanishka Singh (Reuters) – A failed Republican state candidate in New Mexico was charged by federal authorities on Wednesday…
US passenger railroad Amtrak CEO to testify before House panel
By David Shepardson WASHINGTON (Reuters) – U.S. passenger railroad Amtrak CEO Stephen Gardner will testify on June 6 before a…
Walmart has not made changes to LGBTQ-themed merchandise
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Walmart on Wednesday said it has not made any changes to its LGBTQ-related…
Aussie housing dip over, prices to rebound into next year on rate view- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – Australia’s housing market outlook has improved significantly, with home prices expected to on average…
Analysis-Struggling China local governments find a fundraising loophole, lifeline in “pearl bonds”
SHANGHAI/HONG KONG (Reuters) – China’s cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in…
US extends by another year temporary suspension of tariffs on Ukrainian steel
By Kanishka Singh WASHINGTON (Reuters) – The United States will extend by another year the temporary suspension of tariffs on…