Here are five things you must know for Monday, Oct. 23:
Abe's victory is likely to ensure that loosened monetary policy will continue and clears a hurdle for Abe's long-term goal to amend the constitution.
The gains in Japan's Nikkei benchmark index were its 15th straight, marking the longest winning streak on record.
European shares traded higher on Monday as investors waited to see what would happen next in Spain after Prime Minister Mariano Rajoy outlined measures to take control of Catalonia.
The Dow Jones Industrial Average gained 0.71% on Friday, the S&P 500 added 0.51% and the Nasdaq increased 0.36%. Those gains pushed all three to records, with the Dow and S&P 500 scoring their fifth record session in a row.
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2. -- Tesla Inc. (TSLA) , the electric carmaker, reached an agreement to set up its own manufacturing facility in Shanghai, The Wall Street Journal reported, citing people briefed on the plan.
The deal will allow Tesla to build a wholly owned factory in Shanghai's free-trade zone, the people said. The arrangement, the first of its kind for a foreign automaker, could enable Tesla to slash production costs but it would still likely incur China's 25% import tariff, the Journal noted.
A Tesla spokesman didn't have a comment for the Journal beyond reiterating the company's previous statement in June that it planned to "clearly define" production plans in China by the end of the year.
Tesla shares were rising 1.6% in premarket trading on Monday.
A deal could be announced as soon as Monday, the people said. BroadSoft, which has a market value of about $1.7 billion, has been working with Jefferies Group to seek suitors.
BroadSoft is a provider of cloud communication services to businesses in about 80 countries, according to its website.
Cisco has been shifting its business toward less-expensive software-based services and away from traditional hardware, which provides Cisco with most of its revenue, Bloomberg noted.
4. -- Hasbro Inc. (HAS) reported third-quarter earnings of $2.09 a share, including an accounting gain of 4 cents. Analysts estimated the topymaker would earn $1.94 a share in the period.
The merger is expected to close in the first half of 2018.
Deltic shares rose more than 7% in premarket trading on Monday.
This story has been updated to include details of Potlatch/Deltic merger.
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