Gold's record rally is moving tantalisingly close to the psychologically key US$2,000 level, powered by investors seeking cover from COVID-19's global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China trade tensions.
McDonald's Corp , Starbucks Corp , Yum Brands Inc and other big restaurant chains could show improving sales, based on early results from rivals such as Chipotle Mexican Grill Inc that improved despite dining rooms shuttered for months.
BMW will offer a fully electric 5-series as part of sweeping product overhaul unveiled on Monday as the German carmaker seeks to lower vehicle emissions during production and on the road.
U.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened the mood ahead of a busy week for quarterly earnings reports from companies including Boeing and Apple.
Australia's competition regulator on Monday accused Alphabet's Google of misleading consumers to get permission for use of their personal data for targeted advertising, seeking a fine "in the millions" and aiming to establish a precedent.
Whichever way the verdict goes on Tuesday in the first 1MDB corruption trial of Malaysia's former leader Najib Razak, the outcome will be fraught with risk for Prime Minister Muhyiddin Yassin, political sources and analysts say.
Business software group SAP plans to spin off and float Qualtrics, the U.S. specialist in measuring online customer sentiment that it acquired less than two years ago for US$8 billion.
Amazon on Monday announced it would create an additional 1,000 jobs in Ireland, bringing its workforce in the country to 5,000.
The Federal Reserve's whatever-it-takes approach to stave off economic calamity has kept interest rates near zero and helped drive U.S. stocks back to pre-pandemic record levels, while weakening the usual dynamic between safe-haven U.S. Treasuries and riskier equities.
HONG KONG: Gold hit a record high on Monday (Jul 27) as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus bill in Washington. After months of healthy rallies across equity markets, fuelled...
