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July 31, 2022

Asia's Factories Squeezed By Higher Prices, Weak Demand
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Asia’s Factories Squeezed By Higher Prices, Weak Demand

The Cheap InvestorJuly 31, 20220

TOKYO (Reuters) – Asia’s factories struggled for momentum in July as China’s strict COVID restrictions and flagging global demand slowed…

Asia Shares Stay Sluggish, Dollar Resumes Retreat
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Asia Shares Stay Sluggish, Dollar Resumes Retreat

The Cheap InvestorJuly 31, 20220

By Wayne Cole SYDNEY (Reuters) – Asian shares were sluggish on Monday as disappointing Chinese economic data fed doubts Wall…

Shenzhen Accelerates China's Driverless Car Dreams
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Shenzhen Accelerates China’s Driverless Car Dreams

The Cheap InvestorJuly 31, 20220

By David Kirton SHENZHEN, China (Reuters) – On a busy downtown street three delivery bikes suddenly dart over the pedestrian…

Asia Shares Off To Sluggish Start, China Data Soft
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Asia Shares Off To Sluggish Start, China Data Soft

The Cheap InvestorJuly 31, 20220

By Wayne Cole SYDNEY (Reuters) – Asian share markets got off to a slow start on Monday as disappointing Chinese…

Australia Home Prices Slide, Sydney Suffers Worse Month In 40 Years
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Australia Home Prices Slide, Sydney Suffers Worse Month In 40 Years

The Cheap InvestorJuly 31, 20220

By Wayne Cole SYDNEY (Reuters) – Australian home prices slid for a third month in July and the pace quickened…

OPEC Secretary General Says Russia's Membership In OPEC+ Is Vital For Success Of Agreement
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OPEC Secretary General Says Russia’s Membership In OPEC+ Is Vital For Success Of Agreement

The Cheap InvestorJuly 31, 20220

(Reuters) – OPEC’s new secretary general said that Russia’s membership in OPEC+ is vital for the success of the agreement,…

Chinese Developer Evergrande's Unit Ordered To Pay Out $1.1 Billion
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Chinese Developer Evergrande’s Unit Ordered To Pay Out $1.1 Billion

The Cheap InvestorJuly 31, 20220

HONG KONG (Reuters) – Struggling developer China Evergrande Group said on Sunday that one of its subsidiaries, Evergrande Group (Nanchang)…

Lufthansa Pilots Vote For Industrial Action Over Pay
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Lufthansa Pilots Vote For Industrial Action Over Pay

The Cheap InvestorJuly 31, 20220

BERLIN (Reuters) – Pilots at German flagship carrier Lufthansa voted on Sunday by a margin of 97.6% in favour of…

Analysis-Amid Wild Swings, Some Hungarians Are Losing Faith In Forint
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Analysis-Amid Wild Swings, Some Hungarians Are Losing Faith In Forint

The Cheap InvestorJuly 31, 20220

By Gergely Szakacs BUDAPEST (Reuters) – The Hungarian forint’s slide following Russia’s invasion of Ukraine is leading some Hungarians to…

Indonesia Opens Temporary Access To PayPal After Blocking Sparks Backlash
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Indonesia Opens Temporary Access To PayPal After Blocking Sparks Backlash

The Cheap InvestorJuly 31, 20220

JAKARTA (Reuters) – Indonesia temporarily opened access to online payment firm PayPal to allow users to access their money, a…

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