5 things to know before the stock market opens Monday, June 27

Here are the most important news items that investors need to start their trading day: 1. Stocks look to build off last week’s rebound A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. Brendan Mcdermid | Reuters US stock futures rose before the … Read more

Metals Haven’t Crashed This Hard Since The Great Recession

“Even if China recovers in the second half, it will not be able to single-handedly boost prices back to new highs – that age has gone,” Amelia Xiao Fu, head of commodities strategy at BOCI Global Commodities, said by phone from London. “If other major economies are heading towards a recession, China will not be … Read more

Signs of forced labor found in China’s EV battery supply chain: Report

Hundreds of Uyghurs are working for a mining conglomerate that produces raw materials for electric vehicles as part of a so-called work transfer program in China, the New York Times reported. Shen Longquan | Visual China Group | Getty Images Chinese companies that produce raw materials for electric vehicle batteries show indications of using forced … Read more

Ex-bureaucrat Dr DJ Pandian appointed to lead NDB’s India Regional Office in Gift City

Shanghai-headquartered New Development Bank (NDB) of the BRICS countries has appointed former bureaucrat Dr DJ Pandian as the Director-General of its India Regional Office in Gujarat International Finance Tec-City (GIFT City), the bank announced on Tuesday. Last month, the NDB had announced plans to set up IRO in the Gift city. The NDB has approved … Read more

JD.com, Roku, Alibaba and more

Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable foreign exchange rates, although its most recent quarter did … Read more