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Equities lead risk-on shift as midterm week begins

US equity-index futures rose and a bond selloff stalled as some investors bet a period of disinflation has already begun and the midterm election results will be favourable to markets. Contracts on the S&P 500 and Nasdaq 100 indexes added at least 0.4% each after dropping earlier. Most Treasuries erased losses, leaving only the two-year yield higher on the day. ...

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Tesla brings Shanghai staff to California to help boost output

Tesla Inc is sending engineers and production staff from its recently upgraded Shanghai factory to its plant in Fremont, California, in a bid to boost production at the US facility. The Elon Musk-led carmaker will dispatch staff — in particular automation and control engineers — to assist efforts to increase output in Fremont, where Tesla produces the Model S, X, ...

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Chinese markets face another volatile week

Chinese markets are facing another volatile week after health officials vowed to “unswervingly” stick to the country’s Covid Zero approach, damping investor optimism that Beijing was working towards easing restrictions. Assets from equities to oil rallied last week on convictions that China is taking concrete steps toward reopening. The Hang Seng China Enterprises Index had its best weekly gain since ...

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