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April 2023

China's March Factory Activity Falters As Post-COVID Bounce Fades
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  • Reuters

China’s March Factory Activity Falters As Post-COVID Bounce Fades

The Cheap InvestorApril 3, 20230

BEIJING (Reuters) – China’s sprawling manufacturing sector, accounting for a third of the world’s second-largest economy by value, lost momentum…

Mitsubishi UFJ To Postpone AT1 Bond Issuance In Credit Suisse Fallout
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Mitsubishi UFJ To Postpone AT1 Bond Issuance In Credit Suisse Fallout

The Cheap InvestorApril 2, 20230

TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc will postpone the issuance of Additional Tier-1 (AT1) bonds to mid-May or…

Nomura Names Rudolf Hitsch North Asia Head Of Wealth Management
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Nomura Names Rudolf Hitsch North Asia Head Of Wealth Management

The Cheap InvestorApril 2, 20230

HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as…

Oil Jumps $5/bbl As Surprise OPEC+ Output Cuts Jolt Markets
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Oil Jumps $5/bbl As Surprise OPEC+ Output Cuts Jolt Markets

The Cheap InvestorApril 2, 20230

By Florence Tan SINGAPORE (Reuters) – Oil prices jumped about $5 a barrel on Monday’s open, jolted by a surprise…

Tesla Posts Record Quarterly Deliveries After Price Cuts, Up 4% From Q4
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Tesla Posts Record Quarterly Deliveries After Price Cuts, Up 4% From Q4

The Cheap InvestorApril 2, 20230

By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales…

Oil Prices Surge On Output Cut, Takes Gloss Off US Inflation
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Oil Prices Surge On Output Cut, Takes Gloss Off US Inflation

The Cheap InvestorApril 2, 20230

By Wayne Cole SYDNEY (Reuters) – Oil prices surged on Monday after Saudi Arabia and other OPEC+ oil producers announced…

McDonald's Temporarily Shuts US Offices, Prepares Layoff Notices -WSJ
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McDonald’s Temporarily Shuts US Offices, Prepares Layoff Notices -WSJ

The Cheap InvestorApril 2, 20230

(Reuters) – Burger chain McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate…

Marketmind: A Holiday-thinned Kickoff To Q2, And US Jobs Report
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Marketmind: A Holiday-thinned Kickoff To Q2, And US Jobs Report

The Cheap InvestorApril 2, 20230

By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley. A 13.6% year-over-year…

OPEC+ Announces Surprise Oil Cuts; U.S. Calls Move Inadvisable
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  • Reuters

OPEC+ Announces Surprise Oil Cuts; U.S. Calls Move Inadvisable

The Cheap InvestorApril 2, 20230

By Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) – Saudi Arabia and other OPEC+ oil producers on Sunday announced…

ValueAct Questions Seven & I Strategy, Pushes 7-Eleven Spin-off
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  • Reuters

ValueAct Questions Seven & I Strategy, Pushes 7-Eleven Spin-off

The Cheap InvestorApril 2, 20230

By Svea Herbst-Bayliss NEW YORK (Reuters) – ValueAct Capital is pushing Seven & i Holdings to explain its corporate strategy…

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