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A country’s stability, freedom and opportunities count for a lot

* Trading at 1% premium to New York pricing (Recasts and writes through, adds dropped words to Zhang quote)

Tesla Inc's chief executive, Elon Musk, will testify in his own defense against a defamation lawsuit brought by a British cave explorer, Musk's lawyer said on Monday in U.S. District Court in Los Angeles.

The bankrupt Philadelphia Energy Solutions Inc oil refiner is seeking a minimum of $2.5 million in bonus payments to its top executives as part of a plan to reorganize or sell the company, U.S. bankruptcy court filings show.

* Daimler says appreciates BAIC as long-term investor (Repeats with no change to text)

Alibaba Group's Hong Kong shares are set to rise 6.3% in their debut after marking the city's biggest share sale in nine years.

* Westpac up after CEO steps down due to money-laundering scandal

Japanese conglomerate Hitachi Ltd is nearing a deal to sell its 51% stake in Hitachi Chemical Co Ltd to Showa Denko KK in a transaction that could be worth about 950 billion yen ($8.7 billion), the Nikkei https://asia.nikkei.com/Business/Business-deals/Hitachi-nears-sale-of-core-chemical-unit-to-Showa-Denko reported on Monday.

163 signatories to letter say party ‘deserves to form the next government’

The U.S. Supreme Court on Monday gave President Donald Trump a boost by extending its hold on a lower court ruling that required his longtime accounting firm to hand over his financial records to a Democratic-led House of Representatives committee.