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Stocks of European carmakers hemorrhaged early on Monday as Stellantis and British luxury brand Aston Martin issued profit warnings, citing broader industry challenges and difficulties in the world's largest auto market, China.
Stocks in mainland China surged over 8% for its best day in 16 years while Japan's Nikkei 225 tumbled 4.8% on Monday as investors assessed key economic data from the two countries.
DirecTV on Monday agreed to buy EchoStar's satellite television business that includes Dish TV, capping decades of on-and-off talks to create one of the nation's largest pay-TV distributors with a combined 20 million subscribers.
Japan's Nikkei 225 tumbled over 4% on Monday, following a mixed set of economic data out of Japan and as traders reacted to the election of incoming Prime Minister Shigeru Ishiba.
Shares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank's blitz of policy stimulus.
A judge at the Seoul Western District Court issued the fine in a summary judgment made last week after his case was referred to the prosecution, a court official said on Monday.
Stone-throwing protesters in Pakistan’s southern city of Karachi clashed on Sunday with police who stopped them from reaching the US consulate during demonstrations over Israel’s killing of Hezbollah leader Hassan Nasrallah.
