Business

China car exports jump 73% in May as high fuel prices raise interest in EVs

Wednesday, June 10 by SRN News

HONG KONG (AP) - China's passenger car exports jumped 73% year-on-year in May to around 809,000 vehicles, an industry group reported Wednesday, as higher gasoline and diesel prices due to the war in Iran raised interest in electric vehicles. The China Association of Automobile Manufacturers... Read More.

Truckmaker Volvo says demand is good in Europe, strong in North America

Wednesday, June 10 by SRN News

ESKILSTUNA, Sweden, June 10 (Reuters) - Truckmaker Volvo Group said on Wednesday customer demand and deliveries in Europe are stable at good levels across the business in the second quarter while in North America, demand remains strong with production gradually increasing. • Cost inflation is... Read More.

BOJ set to raise key rate to 1.0% in June, 1.25% by year-end: Reuters poll

Wednesday, June 10 by SRN News

By Satoshi Sugiyama TOKYO, June 10 (Reuters) - The Bank of Japan will raise its key interest rate this month and again in the fourth quarter, taking borrowing costs to 1.25% by year-end, as it grows more wary of inflation risks than downside hazards to... Read More.

Exclusive-Dollar demand estimated at $1.5 billion cleared in South Korea -source

Wednesday, June 10 by SRN News

By Yena Park and Cynthia Kim SEOUL, June 10 (Reuters) - The massive demand for foreign exchange conversions tied to SpaceX's IPO, which has weighed heavily on the South Korean won in recent weeks, has been cleared, a source familiar with the matter told Reuters... Read More.

Morning Bid: Nervous but not yet panicking

Wednesday, June 10 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee Markets were nervous after the latest escalation in Middle East tensions but investors hope the new U.S. attacks on Iran after an Apache helicopter was downed near the Strait of Hormuz... Read More.

Hollywood directors reach tentative 4-year deal with studios and streamers

Wednesday, June 10 by SRN News

LOS ANGELES (AP) - Hollywood directors on Tuesday reached a four-year tentative contract agreement with studios and streaming services. The deal struck between the Directors Guild of America and the Alliance of Motion Picture and Television Producers came four weeks after talks began. The... Read More.

Copper edges down as macro concerns weigh on tariff support

Tuesday, June 9 by SRN News

SINGAPORE, June 10 (Reuters) - Copper edged lower on Wednesday morning, as volatility in the Middle East conflict and macroeconomic concerns offset continued price support from U.S. tariff expectations. Benchmark three-month copper on the London Metal Exchange declined 0.36% to $13,566.5 a metric ton as... Read More.

Analysis-RBNZ’s inflation focus tested as rate hikes risk stoking jobs crisis

Tuesday, June 9 by SRN News

By Lucy Craymer and Stella Qiu WELLINGTON, June 10 (Reuters) - New Zealand's jobless ranks could swell as the central bank ratchets up interest rates, casting the government's inflation‑focused mandate in an unflattering light ahead of a closely contested general election, and raising the prospect... Read More.

Bill Gates to testify in congressional panel’s Jeffrey Epstein investigation

Tuesday, June 9 by SRN News

WASHINGTON (AP) - Bill Gates will appear Wednesday before a congressional panel investigating the Jeffrey Epstein files, becoming the latest powerful figure linked to the disgraced financier to testify. Members of the House Oversight Committee are slated to interview the billionaire Microsoft co-founder behind... Read More.

Solar power hits new milestones in the US even as Trump boosts coal over clean energy

Tuesday, June 9 by SRN News

Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power. Data released Wednesday by global energy think tank Ember, along with a report by the Solar Energy Industries... Read More.

Current Weather

China car exports jump 73% in May as high fuel prices raise interest in EVs

Truckmaker Volvo says demand is good in Europe, strong in North America

BOJ set to raise key rate to 1.0% in June, 1.25% by year-end: Reuters poll

Exclusive-Dollar demand estimated at $1.5 billion cleared in South Korea -source

Morning Bid: Nervous but not yet panicking

Hollywood directors reach tentative 4-year deal with studios and streamers

Copper edges down as macro concerns weigh on tariff support

Analysis-RBNZ’s inflation focus tested as rate hikes risk stoking jobs crisis

Bill Gates to testify in congressional panel’s Jeffrey Epstein investigation

Solar power hits new milestones in the US even as Trump boosts coal over clean energy

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