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July 10, 2022

  • AP
  • Headlines

Chinese bank depositors face police in angry protest

The Cheap InvestorJuly 10, 2022July 11, 20220

BEIJING (AP) — A large crowd of angry Chinese bank depositors faced off with police Sunday, some roughed up as…

Zambia Plans To Cancel Over $2 Billion Projects To Rein In Debt
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  • Reuters

Zambia Plans To Cancel Over $2 Billion Projects To Rein In Debt

The Cheap InvestorJuly 10, 20220

LUSAKA (Reuters) – Zambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the…

U.S. Completes Refund Probes Into 10 Airlines, Plans Enforcement Actions
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  • Reuters

U.S. Completes Refund Probes Into 10 Airlines, Plans Enforcement Actions

The Cheap InvestorJuly 10, 20220

By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg said on Sunday the government has completed 10 investigations into…

  • AP
  • Headlines

Crypto plunge is cautionary tale for public pension funds

The Cheap InvestorJuly 10, 2022July 11, 20220

MINNEAPOLIS (AP) — When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund’s chief…

U.S. Completes Passenger Airline Refund Probes Into 10 Airlines
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  • Reuters

U.S. Completes Passenger Airline Refund Probes Into 10 Airlines

The Cheap InvestorJuly 10, 20220

WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Sunday the government has completed 10 investigations into airlines over…

Chinese Property Developer Ronshine Misses Interest Payments On Two Bonds
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  • Reuters

Chinese Property Developer Ronshine Misses Interest Payments On Two Bonds

The Cheap InvestorJuly 10, 20220

HONG KONG (Reuters) – Chinese property developer Ronshine China Holdings Ltd has not made interest payments on its June 2023…

EDF Nationalisation Will Not Raise French Household Power Bills - Government
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EDF Nationalisation Will Not Raise French Household Power Bills – Government

The Cheap InvestorJuly 10, 20220

PARIS (Reuters) – The planned nationalisation of French power utility EDF will not result in an increase in the electricity…

China Regulator Fines Alibaba, Tencent For Disclosure Violations
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  • Reuters

China Regulator Fines Alibaba, Tencent For Disclosure Violations

The Cheap InvestorJuly 10, 20220

SHANGHAI (Reuters) – China has imposed fines on technology giants Alibaba and Tencent as well as a range of other…

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