Finance

Why market timing doesn’t work: S&P 500 is up 14% this year, but just 8 days explain the gains

The S&P 500 is up 14% this year, but just eight days that explain most of the gains.  If you…

UBS resumes selling the bonds at the heart of Credit Suisse controversy

UBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its…

China’s truck industry is buying more driver-assist technology

BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology. It’s a critical step toward…

UBS shares rise 3% as market focuses on strong underlying profit

UBS shares climbed on Tuesday morning after the Swiss banking giant resoundingly beat expectations for underlying profit. The bank recorded…

China’s biggest shopping festival is set for a tepid 2023, survey finds

BEIJING — Most consumers in China are planning to keep a lid on spending during this year’s Singles Day shopping…