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Business

Big U.S. companies form group to boost hiring of minorities in New York

By mjticcinoimagescom August 18, 2020August 12, 2020

Leaders from major U.S. companies, including banks and tech giants, have formed a group aimed at increasing the hiring of individuals from minority communities in New York. The New York…

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Business

S&P 500 futures hit record high on stimulus bets

By mjticcinoimagescom August 17, 2020August 12, 2020

Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering U.S.-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.…

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Business

Hong Kong goods for export to U.S. to be labelled made in China

By mjticcinoimagescom August 16, 2020August 12, 2020

Goods made in Hong Kong for export to the United States will need to be labelled as made in China after Sept. 25, according to a U.S. government notice posted…

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Business

SoftBank touts Vision Fund gains, ditches operating profit as yardstick

By mjticcinoimagescom August 15, 2020August 12, 2020

SoftBank Group Corp broke with tradition on Tuesday and declined to disclose operating profit in its quarterly results, saying the measure was “not useful” to gauge performance, and instead pointed…

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Business

WeChat U.S. ban worries to cloud Tencent results as investors seek clarity

By mjticcinoimagescom August 14, 2020August 12, 2020

China’s Tencent Holdings will be under pressure to address concerns on the impact of a U.S. ban on WeChat-related transactions and outline its plans to mitigate any fallout as it…

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Business

Support for arrested owner drives Next Digital shares, watchdog urges caution

By mjticcinoimagescom August 13, 2020August 12, 2020

Hong Kong’s markets watchdog urged investors to “exercise extreme caution” after shares of Next Digital Ltd (0282.HK) rose more than 2,000% to a 12-year high, spurred by an online campaign…

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Business

Stocks off highs on stimulus concern; gold, silver tumble

By mjticcinoimagescom August 12, 2020August 12, 2020

A gauge of global equity markets ended little changed on Tuesday, hamstrung by a late sell-off on Wall Street prompted by mounting uncertainty about more fiscal stimulus. U.S. stocks retreated…

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