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December 15, 2022

  • AP
  • Headlines

Foxconn to ease COVID-19 curbs in Chinese iPhone factory

The Cheap InvestorDecember 15, 2022December 15, 20220

HONG KONG (AP) — The company that assembles Apple Inc.’s iPhones has announced it is easing COVID-19 restrictions at its…

  • AP
  • Headlines

Bank of England hikes interest rates again but softens pace

The Cheap InvestorDecember 15, 2022December 15, 20220

LONDON (AP) — Britain’s central bank on Thursday raised its key interest rate again but toned down the pace as…

  • AP
  • Headlines

European Central Bank slows rate hikes but vows more ahead

The Cheap InvestorDecember 15, 2022December 15, 20220

FRANKFURT, Germany (AP) — The European Central Bank slowed its record pace of interest rate increases slightly Thursday but promised…

  • Business
  • Economy

Lloyds hires ING tech boss as operations head

The Cheap InvestorDecember 15, 2022December 15, 20220

LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has hired ING’s technology chief to run its operations, Lloyds said on…

Lloyds Hires ING Tech Boss As Operations Head
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  • Reuters

Lloyds Hires ING Tech Boss As Operations Head

The Cheap InvestorDecember 15, 20220

LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has hired ING’s technology chief to run its operations, Lloyds said on…

  • Asia
  • Economy

Julia Leung to become first female head of Hong Kong securities watchdog

The Cheap InvestorDecember 15, 20220

By Selena Li HONG KONG (Reuters) – The Hong Kong government has named Julia Leung as new head of the…

Citi To Wind Down Consumer Banking In China, Affecting About 1,200 Staff
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  • Reuters

Citi To Wind Down Consumer Banking In China, Affecting About 1,200 Staff

The Cheap InvestorDecember 15, 20220

By Xie Yu SINGAPORE (Reuters) -Citigroup Inc will wind down its consumer banking business in China in a move that…

H&M Shares Drop As Sept-Nov Sales Fail To Impress
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  • Reuters

H&M Shares Drop As Sept-Nov Sales Fail To Impress

The Cheap InvestorDecember 15, 20220

By Stine Jacobsen COPENHAGEN (Reuters) -Shares in H&M, the world’s second-biggest fashion retailer, fell 4.5% in early Thursday trade as…

Fashion Retailer H&M's Sept-Nov Sales Beat Forecast
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  • Reuters

Fashion Retailer H&M’s Sept-Nov Sales Beat Forecast

The Cheap InvestorDecember 15, 20220

By Stine Jacobsen COPENHAGEN (Reuters) -H&M, the world’s second-biggest fashion retailer, reported on Thursday a 10% increase year-on-year in September-November…

Hong Kong Central Bank Raises Rates After Fed Hike, HSBC Follows
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  • Reuters

Hong Kong Central Bank Raises Rates After Fed Hike, HSBC Follows

The Cheap InvestorDecember 15, 20220

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) said on Thursday it would raise its base rate charged through…

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