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Tesla’s Shanghai Gigafactory will bolster profit margins, Morgan Stanley says

Tesla’s Shanghai Gigafactory will bolster profit margins, Morgan Stanley says

With such a reduction in costs, Tesla could sell its vehicles at a low to mid-30% profit margin, comparable to that of luxury auto manufacturer Porsche, according to research from Morgan Stanley.

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Watch the Trump impeachment hearing

Watch the Trump impeachment hearing

The House will hear testimony from George Kent and William Taylor, two key figures in the impeachment probe against President Donald Trump, in the first round of public hearings Wednesday.

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Watch: Two key witnesses testify in the first public hearing in Trump impeachment probe

Watch: Two key witnesses testify in the first public hearing in Trump impeachment probe

The House of Representatives will hear testimony from George Kent and William Taylor, two key figures in the impeachment probe against President Donald Trump in the first round of public hearings...

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A global economic recovery is coming — but ‘much later’ than people think, UBS says

A global economic recovery is coming — but ‘much later’ than people think, UBS says

Switzerland's largest bank has warned that a global economic recovery will take much longer to occur than many investors expect.

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China likely to ‘intervene’ in Hong Kong’s affairs more following the protests, BAML says

China likely to ‘intervene’ in Hong Kong’s affairs more following the protests, BAML says

Hong Kong could see "very meaningful wealth and income redistribution measures" as a result, said Bank of America Merrill Lynch's David Cui.

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Hong Kong leader Carrie Lam calls protesters selfish for ‘paralyzing’ the city

Hong Kong leader Carrie Lam calls protesters selfish for ‘paralyzing’ the city

She made her comments during a regular media address a day after Hong Kong saw the most violent day since the protests started nearly six months ago.

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China starts development of 6G, having just turned on its 5G mobile network

China starts development of 6G, having just turned on its 5G mobile network

China said it would set up two groups to work on 6G technology saying the technology is of "great importance" to the country for the future.

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How to go ‘tiger trekking’ in India’s Ranthambore National Park

How to go ‘tiger trekking’ in India’s Ranthambore National Park

Explore the rocky hills of Rajasthan in search of one of earth's most magnificent creatures.

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China’s central bank sets yuan midpoint fix at highest since August 8

China’s central bank sets yuan midpoint fix at highest since August 8

The People's Bank of China set its daily midpoint fix for the yuan on Wednesday at 7.0080 per dollar — its strongest since August 8 — a day after the currency traded below 7 against…

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Vietnam is pushing ahead of Southeast Asia in its drive for renewable energy

Vietnam is pushing ahead of Southeast Asia in its drive for renewable energy

Vietnam is aiming to boost its power output produced by renewable energy to 23% by 2030, according to Andreas Cremer at German investment firm DEG.

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