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March 28, 2023

Alibaba's Breakup Plan Lifts Hopes China's Tech Crackdown Is Ending
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  • Reuters

Alibaba’s Breakup Plan Lifts Hopes China’s Tech Crackdown Is Ending

The Cheap InvestorMarch 28, 20230

(Reuters) -Shares in Alibaba Group and other leading Chinese tech firms jumped on Wednesday, as investors cheered an unprecedented revamp…

Asian Stocks Rally As Banking Anxiety Eases; Alibaba Surges
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Asian Stocks Rally As Banking Anxiety Eases; Alibaba Surges

The Cheap InvestorMarch 28, 20230

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose sharply on Wednesday while the dollar was on the defensive as…

JPMorgan's Jamie Dimon To Be Deposed In Epstein Case, Plaintiffs' Lawyer Says
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JPMorgan’s Jamie Dimon To Be Deposed In Epstein Case, Plaintiffs’ Lawyer Says

The Cheap InvestorMarch 28, 20230

(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon will be interviewed under oath in connection with the bank’s relationship with…

Biden Says White House Response To Banking Stress Is 'not Over Yet'
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Biden Says White House Response To Banking Stress Is ‘not Over Yet’

The Cheap InvestorMarch 28, 20230

By Andrea Shalal and Nandita Bose DURHAM, North Carolina (Reuters) -U.S. President Joe Biden said on Tuesday his administration had…

Apple Launches 'buy Now, Pay Later' Service In US
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Apple Launches ‘buy Now, Pay Later’ Service In US

The Cheap InvestorMarch 28, 20230

By Chavi Mehta and Akash Sriram (Reuters) -Apple Inc on Tuesday launched its “buy now, pay later” (BNPL) service in…

Adidas Says Black Lives Matter Design Violates Three-stripe Trademark
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Adidas Says Black Lives Matter Design Violates Three-stripe Trademark

The Cheap InvestorMarch 28, 20230

By Blake Brittain (Reuters) – Sneaker giant Adidas AG has asked the U.S. Trademark Office to reject an application for…

Lululemon Sees 2023 Sales, Profit Above Estimates On Strong Demand
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Lululemon Sees 2023 Sales, Profit Above Estimates On Strong Demand

The Cheap InvestorMarch 28, 20230

(Reuters) -Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting on strong demand for…

CFTC: U.S. Regulators Needed To Step In Aggressively On Binance
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CFTC: U.S. Regulators Needed To Step In Aggressively On Binance

The Cheap InvestorMarch 28, 20230

WASHINGTON (Reuters) – Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in…

Caesars, MGM And Other Las Vegas Hotels Deny Room-rate Price-fixing Conspiracy
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Caesars, MGM And Other Las Vegas Hotels Deny Room-rate Price-fixing Conspiracy

The Cheap InvestorMarch 28, 20230

By Mike Scarcella (Reuters) – A group of companies operating prominent hotels on the Las Vegas strip on Monday asked…

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  • Technology

Cryptoverse: Buoyant bitcoin’s losing its liquidity

The Cheap InvestorMarch 28, 2023March 28, 20230

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bullish bitcoin has been a surprise winner of the banking blowout….

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