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February 2023

Holiday Inn-owner IHG Misses Revenue Estimates, Hikes Buyback Target
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  • Reuters

Holiday Inn-owner IHG Misses Revenue Estimates, Hikes Buyback Target

The Cheap InvestorFebruary 21, 20230

By Radhika Anilkumar (Reuters) – Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by COVID-19 curbs…

Japan Says Economy In Modest Recovery, Caution Over Global Slowdown
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Japan Says Economy In Modest Recovery, Caution Over Global Slowdown

The Cheap InvestorFebruary 21, 20230

TOKYO (Reuters) – Japan kept its assessment of the economy unchanged in February as consumer spending remained on a recovery…

Holiday Inn-owner IHG Profit Jumps On Holiday Demand, Higher Room Rates
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  • Reuters

Holiday Inn-owner IHG Profit Jumps On Holiday Demand, Higher Room Rates

The Cheap InvestorFebruary 21, 20230

(Reuters) -Holiday Inn-owner IHG Plc reported higher full-year profit on Tuesday, helped by strong occupancy demand during the holidays and…

HSBC's Dividend Spree Offset By Concern That Rate Rise Profit Party May Be Over
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HSBC’s Dividend Spree Offset By Concern That Rate Rise Profit Party May Be Over

The Cheap InvestorFebruary 21, 20230

By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -HSBC’s quarterly profit surged 92% as rising interest rates swelled net interest…

  • Business
  • Economy

How to afford the big price tag of your lifetime ‘bucket list’

The Cheap InvestorFebruary 21, 2023February 21, 20230

By Chris Taylor NEW YORK (Reuters) – Eytan Morgenstern is facing a very expensive dilemma. The 36-year-old public relations professional…

HSBC Q4 Profit Nearly Doubles, Rising Interest Rates Boost Revenue
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HSBC Q4 Profit Nearly Doubles, Rising Interest Rates Boost Revenue

The Cheap InvestorFebruary 20, 20230

SINGAPORE/LONDON (Reuters) -HSBC Holdings on Tuesday reported quarterly profit nearly doubled, beating estimates, as rising interest rates swelled net interest…

Asian Shares Stutter, Dollar Rally Pauses As Fed Cues Eyed
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Asian Shares Stutter, Dollar Rally Pauses As Fed Cues Eyed

The Cheap InvestorFebruary 20, 20230

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks edged lower on Tuesday as the prospect of the U.S. central bank…

BHP Eyes Demand Green Shoots In China As Profit Slumps
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BHP Eyes Demand Green Shoots In China As Profit Slumps

The Cheap InvestorFebruary 20, 20230

By Sameer Manekar and Melanie Burton (Reuters) -Global miner BHP Group reported a steeper-than-expected 32% fall in first-half profit owing…

Bank Of Korea To Hold Rates Despite Still High Inflation: Reuters Poll
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  • Reuters

Bank Of Korea To Hold Rates Despite Still High Inflation: Reuters Poll

The Cheap InvestorFebruary 20, 20230

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will hold its base interest rate at 3.50% on Thursday…

Australia's Coles HY Profit Jumps As Cost Reductions Offset Supply Issues
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Australia’s Coles HY Profit Jumps As Cost Reductions Offset Supply Issues

The Cheap InvestorFebruary 20, 20230

(Reuters) – Australian grocer Coles Group Ltd on Tuesday posted a jump in first-half profit helped by benefits from its…

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