Gold futures rose higher Monday, again raising strong gains for the precious metal after snatching a five-session winning streak on Friday as China imposed new sanctions on U.S. officials in apparent retaliation against similar measures against Hong Kong and mainland officials past week. Weighing in the dollar, which tried to …
Read More »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 …
Read More »European stocks and Dow futures rally in hopes of boosting US stimulus and virus trends
A staff member wearing a protective face mask at the Holiday Inn Whitechapel hotel, operated by InterContinental Hotels Group, is clearing a Perspex screen ahead of the reopening of the hotel for general bookings in London, England, on 3 July 2020. Chris Ratcliffe / Bloomberg News European stocks rose on …
Read More »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 …
Read More »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 …
Read More »