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August 23, 2022

As Judgement Day Looms, Malaysia's Ex-PM Najib Requests Judge's Recusal
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  • Reuters

As Judgement Day Looms, Malaysia’s Ex-PM Najib Requests Judge’s Recusal

The Cheap Investor3 years ago03 mins

By Rozanna Latiff KUALA LUMPUR (Reuters) -Former Malaysian prime minister Najib Razak on Tuesday asked the chief justice to recuse herself from a panel presiding over his final appeal to set aside a corruption conviction and 12-year jail sentence over a case linked to the 1MDB financial scandal. The move is seen as the latest…

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Asian shares mixed after modest Wall Street fall

The Cheap Investor3 years ago3 years ago03 mins

TOKYO (AP) — Asian shares were mixed Wednesday as a wait-and-see mood set in following another — though more modest — day of sell-offs on Wall Street. Worries about inflation are weighing on investors’ minds, including in Asia. Inflation data for Singapore released earlier in the week showed inflation was still going strong, with core…

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Euro Falls To Fresh Two-decade Low, Dollar Exudes Strength
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  • Reuters

Euro Falls To Fresh Two-decade Low, Dollar Exudes Strength

The Cheap Investor3 years ago03 mins

By Rae Wee SINGAPORE (Reuters) – The euro dropped to a fresh two-decade trough on Tuesday as Europe was buffeted by concerns about energy supply and economic growth, while the dollar held firm against major peers, supported by safe-haven flows. The euro hit $0.9909, its lowest since late 2002, and was last down 0.29% at…

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Europe's Energy Troubles Haunt Euro, Asian Shares
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  • Reuters

Europe’s Energy Troubles Haunt Euro, Asian Shares

The Cheap Investor3 years ago04 mins

By Wayne Cole SYDNEY (Reuters) – Asian shares were down for a seventh straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed bond yields higher, while tipping the euro to 20-year lows. European stocks looked set to follow Asian equities. EUROSTOXX 50 futures and FTSE futures…

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India E-commerce Firms Ramp Up Hiring Of Delivery Workers For Shopping Season
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  • Reuters

India E-commerce Firms Ramp Up Hiring Of Delivery Workers For Shopping Season

The Cheap Investor3 years ago02 mins

By Tanvi Mehta and Nandan Mandayam BENGALURU (Reuters) – India’s e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that begins in earnest next month. The moves come amid a tightening job market – India’s unemployment…

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Amazon keeps growing, and so does its cache of data on you

The Cheap Investor3 years ago3 years ago06 mins

From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere. And it appears the company doesn’t want to halt its reach anytime soon. In recent weeks, Amazon has said it will spend billions of dollars in two gigantic acquisitions that, if approved, will broaden its…

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