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Read MoreAn investing strategy designed to hedge against market declines is rebounding after a rough year, but its success may hinge on whether inflation continues to ebb in coming months. So-called 60/40 portfolios typically allocate 60% of their assets to stocks and the rest to bonds, though proportions tend
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Read MoreU.S. stock futures were trading slightly higher during Tuesday’s evening deals, after the major benchmark indices posted a negative session amid consolidation after JOLTs job openings data fell to a 2-year low. By 6:55pm ET (10:55pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were
Read MoreCredit Suisse will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS. The hastily-arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have
Read MoreMost Asian stocks crept higher on Monday as risk appetite persisted on softer-than-expected U.S. inflation readings from the prior week, although a spike in oil prices saw markets remain wary of a potential resurgence in inflation over the coming months. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite
Read MoreA senior Volkswagen AG (OTC:VWAGY) China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified competition and weak demand. VW plans to increase the number of charging posts in China for electric
Read MoreVideo streaming service Netflix Inc (NASDAQ:NFLX) is restructuring its film group, which will result in layoffs and the departure of two of its most experienced executives, Bloomberg reported on Thursday. As part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few
Read MoreJapan’s Miki House, a maker of luxury baby and children’s goods in a country with ever-fewer births, is looking overseas for both production and customers for products like its 100,000 yen ($760.40) Gold Label brand pyjamas. President Koichi Kimura said the Osaka-based company, which has developed a global
Read MoreAlibaba Group’s Hong Kong shares rose sharply on Wednesday, tracking an overnight jump in its American stock after the e-commerce giant said it plans to split into six units, with potential fundraising and listings for most of them. The stock (HK:9988) rose 13.5% to an over one-month high
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