SoftBank Group Corp.’s Vision Fund investment arm may report a smaller quarterly loss or break even when it announces earnings Thursday, thanks to a global rally in tech stocks.
China has finished clearing a backlog of stranded Australian coal amounting to over $1 billion, China customs data shows. But analysts say it’s not likely that Chinese coal buyers will start purchasing new supplies of Australian coal anytime soon. That’s because coal inventories have been building up, local production is higher, and there are now .