BHP half-year profit beats expectations, inflation impact recedes
BHP Group logged first-half underlying profit that slightly beat expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding.
China boosts property funding with first cut in key loan rate since June
The five-year benchmark loan rate — the peg for most mortgages — was cut by 25 basis points, according to a statement Tuesday from the People’s Bank of China.
Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
There’s an off chance that gold prices could soar to $3,000 per ounce, and oil to surge to $100 per barrel within the next 12 to 18 months, says Citi.
CNBC Daily Open: U.S. consumers upbeat on the economy
The latest University of Michigan survey for February showed consumer sentiment index rose 0.6 points to 79.6.
Morningstar strategist names 3 under-the-radar picks for the current ‘stock picker market’
“In my opinion, it always comes down to individual stock selection,” says David Sekera, naming shares that look undervalued right now.
‘Hidden gems’: UBS names 5 global small-cap stocks — giving one 77% upside
The investment bank says its stock picks offer an “excitement of discovery and the potential for substantial growth.”
Alibaba bets on overseas e-commerce unit amid sluggish growth in China
One bright spot in Alibaba’s quarterly earnings was its international e-commerce arm which posted revenue of 28.5 billion Chinese yuan, up 44% from a year ago.
Asia markets mixed as investors assess China’s 5-year loan rate cut
Asia stocks traded mixed as markets parsed China’s decision to cut key 5-year loan prime rate.
Traveling teachers work with families who travel the world — here’s what it pays
Traveling teachers accompany families on extended trips abroad, teaching the kids in half-day sessions while earning up to $10,000 a month.