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SoftBank posted $ 11.8 billion profit

TOKYO– SoftBank Group Corp. came back to the black after large investment losses last fiscal year, reported a net profit of Yen1.26 ($ 11.8 billion) in the quarter April-June. SoftBank lost $ 9 billion in the year ending March – the worst result in the company’s history – after its …

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Yes, maybe you can retire one day

The COVID-19 pandemic has caused us to think about many parts of our daily existence, such as our health, jobs, where we live, our financial future, education, travel and the simple handshake. But according to data released Tuesday, many savers are still financially on the path to retirement. The combination …

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China car sales pick up for fourth straight month

BEIJING – China’s auto market grew for a fourth straight month, driven by strong government stimulus and a robust recovery in demand for commercial vehicles. Sales in China rose 16.4% in July compared to a year earlier to 2.11 million cars, the government-backed China Automobile Manufacturers Association said Tuesday. Since …

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