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SoftBank Posts Another Loss Despite Tech-Share Rebound
Business

SoftBank Posts Another Loss Despite Tech-Share Rebound

A return to profit for SoftBank’s Vision Fund wasn’t able to stem the red ink for the investment company. Source link

Intel Returns to Profit as PC Rebound Lifts Chip Demand
Business

Intel Returns to Profit as PC Rebound Lifts Chip Demand

The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link

Analysis-Global investors relieved by China tech rebound, but not convinced yet By Reuters
Stock Market

Analysis-Global investors relieved by China tech rebound, but not convinced yet By Reuters

2/2 © Reuters. FILE PHOTO-Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song 2/2

Dollar in ‘solid’ shape to rebound as Fed dovishness running dry, ING says
Stock Market

Dollar in ‘solid’ shape to rebound as Fed dovishness running dry, ING says By Investing.com

© Reuters Investing.com – The dollar slipped Monday, just days ahead of U.S. data expected to show easing inflation pressures, but ING warns against chasing

Deflation Looms in China as Rebound Continues to Lose Steam
Business

Deflation Looms in China as Rebound Continues to Lose Steam

China’s consumer inflation flatlined in June after two months of meager growth, while factory-gate prices fell at their fastest pace in more than seven years.

Rebound in Rates Puts Pressure on Banks
Finances

Rebound in Rates Puts Pressure on Banks

U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link

Finances

China tax department says economy’s rebound to be further consolidated By Reuters

© Reuters. FILE PHOTO: A general view shows traffic during evening rush hour at the central business district (CBD) in Beijing, China, January 15, 2021.

As Dealerships Get More Stock, Auto Makers' Sales Rebound
Business

As Dealerships Get More Stock, Auto Makers' Sales Rebound

GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing supply-chain troubles.

China's Consumers Extend Economic Rebound From Pandemic
Business

China's Consumers Extend Economic Rebound From Pandemic

A gauge of activity in China’s services sector reached its highest level in more than a decade in March, a sign that Chinese consumers are