Skip to content
(Bloomberg) -- Asian stocks climbed with U.S. futures Monday as traders reacted to the possibility President Donald Trump may be able to leave hospital as soon as Monday. The yen retreated with Treasuries.Shares rose in Japan and Australia, where markets are open though volumes are expected to be low because of a holiday. South Korean stocks were little changed. S&P 500 futures climbed after U.S. stocks finished lower on Friday in a volatile day for global financial markets. Crude oil pared some of Friday’s slump. The pound fluctuated following a weekend call between U.K. Prime Minister Boris Johnson and European Commission President Ursula von der Leyen on Brexit.Investors are mulling a series of contradictory and confusing accounts about Trump’s coronavirus infection, the latest being his physician admitting to giving a misleading statement about the president receiving oxygen. Still, doctors on Sunday insisted that Trump is doing well and could be discharged...
President Trump waved to supporters outside Walter Reed National Military Medical Center during an unscheduled drive-by in his motorcade on Sunday afternoon. Trump appeared briefly after posting a video on Twitter and later returned to the hospital. Photo: Alex Edelman/AFP via Getty Images...
President Trump waved to supporters outside Walter Reed National Military Medical Center during a drive-by in his motorcade. The brief trip was a departure from government health guidelines for Covid-19 patients to remain isolated. Photo: Alex Edelman/AFP via Getty Images...
Romi Savova is the founder and chief executive of pension firm PensionBee....
The revelation late last week that President Donald Trump had tested positive for Covid-19 amplified the already heightened uncertainty around the election, prospects for further fiscal stimulus and progress of the pandemic situation in the US. Markets on Friday reeled in response, with the three major indices tumbling at the end of last week before paring losses to close off of their session lows....
(Bloomberg) -- The U.S. government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles.TechMet Ltd. received a $25 million investment from the U.S. International Development Finance Corporation to help develop a Brazilian nickel and cobalt mine, the Dublin-based company said Monday in a statement. Cobalt is an important ingredient in cathodes of most electric-vehicle batteries and its refining capacity is largely under China’s control.“Investments in critical materials for advanced technology support development and advance U.S. foreign policy,” Adam Boehler, chief executive officer of the government agency, said in TechMet’s statement.The move is another example of U.S. efforts to reduce reliance on its greatest geopolitical rival for key materials and comes days after President Donald Trump signed an executive order to expand domestic production of rare-earth minerals -- another sector China dominates. Such minerals are needed...
