June jobs report, Consumer confidence: What to know this week
This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of
China's EV maker Xpeng gets approval to list in Hong Kong -source
BEIJING, June 23 - The listing committee of Hong Kong Stock Exchange has approved Chinese electric vehicle maker Xpeng Inc for a dual primary listing in the Asian financial hub, a source with direct knowledge of the matter told Reuters.Reuters reported Xpeng's Hong Kong listing plan in March, citing people familiar with the matter. Xpeng is listed in New York.A dual primary listing will allow qualified Chinese investors to invest in the company through the Stock Connect regime, according to the