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Tesla raises US price of Model Y

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(Reuters) – Tesla Inc increased the U.S. price of its Model Y electric vehicle on Tuesday, according to its website. The company raised the price by $250 to $47,740 for this variant. (Reporting by Gokul Pisharody in Bengaluru; Editing... Read More.

Oil prices dip after unexpected rise in US crude stocks

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By Arathy Somasekhar (Reuters) – Oil prices inched higher on Wednesday after industry data showed an unexpected rise in U.S. crude stocks, signalling weak demand to markets already worried about recession and disappointing Chinese economic data. Brent crude futures eased 27... Read More.

South Korea’s jobless rate in May falls to record low

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SEOUL (Reuters) – South Korea’s jobless rate fell in May to a record low, official data showed on Wednesday, indicating a still robust labour market despite signs of slowing economic growth. The country’s seasonally-adjusted unemployment rate fell to 2.5% in... Read More.

Hopes for a Fed pause bolster risk rally

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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for an explosive open on Wednesday after a below-consensus reading of headline U.S. inflation lit the touchpaper... Read More.
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