Tesla China Price Hike Meets Slew of Cuts From Other Carmakers

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China’s automakers are piling in to take advantage of Tesla Inc.’s recent price hike and defend against Xiaomi Corp.’s disruptive market entry, offering sweeteners such as subsidies and coupons to lure would-be car buyers.

Tesla China Price Hike Meets Slew of Cuts From Other CarmakersUK Restaurants and Bars Cut Hours as Costs Soar by £3.4 BillionXi Set to Meet Indonesia’s Prabowo in China Amid Tensions at SeaHK Homebuyers Flock to CK Asset’s Southside Project on DiscountsRakuten Considers Combining Financial Units; Shares JumpIron Ore Sinks to 10-Month Low on Gloom Over China ConstructionGold Hits Record on Fed Cut Outlook and Geopolitical TensionS.

Korea’s Yoon Urges Doctors to Return, Leaves Room for TalksAsia’s Factories Paint Picture of Uneven Recovery in MarchJapanese Lawmaker Says US Steel Deal Would Help Counter China RisksSouth Sudan Cracks Down on Parallel FX Market to Fight InflationTop China Lithium Firms Look Past Profit Slump and Vow ExpansionAsian Stocks Set to Gain as Fed Awaits More Data: Markets WrapFive Key Charts to Watch in Global Commodity Markets This WeekRussia Fires New Drone Barrage at Ukraine’s Energy...

Source: News Formal (newsformal.com)

 

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