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Investment

A US$1 trillion cash pile holds key to the fate of risk assets

The US$1 trillion pile of cash that investors amassed amid the pandemic-fuelled market turmoil may determine the length of the risk rally.

Business

Automakers are ramping up production, unnerving factory workers

DETROIT: American auto demand is coming back faster than expected and quickly clearing trucks from dealer lots, spurring Ford Motor Co to crank up production of its highly profitable F-150 pickup in Michigan this week.