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May 2023

  • Asia
  • Business

Bank of Korea sees rapid pace of inflation easing for awhile

The Cheap InvestorMay 1, 2023May 1, 20230

SEOUL (Reuters) – South Korea’s central bank said on Tuesday inflation would keep easing at a rapid pace through the…

  • Asia
  • Business

South Korea factory activity shrinks in April, marks longest downturn in 6 years – PMI

The Cheap InvestorMay 1, 2023May 1, 20230

SEOUL (Reuters) – South Korea’s factory activity shrank for a 10th consecutive month in April and for its longest streak…

Oil Falls As Economic Fears Weigh Against Potential Crude Draw
  • Headlines
  • Reuters

Oil Falls As Economic Fears Weigh Against Potential Crude Draw

The Cheap InvestorMay 1, 20230

By Laura Sanicola (Reuters) – Oil prices fell in thin early Asian trade on Tuesday as the market digests weak…

  • Asia
  • Business

US World Bank nominee Banga set for vote on Wednesday after 4-hour interview

The Cheap InvestorMay 1, 2023May 1, 20230

WASHINGTON (Reuters) – The World Bank’s 25-member executive board is set to vote on the U.S. nominee to run the…

  • Business
  • Economy

US lawmakers dig into partisan corners as debt ceiling default looms

The Cheap InvestorMay 1, 2023May 1, 20230

By David Morgan and Richard Cowan WASHINGTON (Reuters) – U.S. lawmakers responded to news that the federal government could be…

  • Business
  • Economy

Quotes: How asset managers see the investment outlook at Milken

The Cheap InvestorMay 1, 2023May 1, 20230

BEVERLY HILLS (Reuters) – Big money managers gathered at the Milken Institute Global Conference, in Beverly Hills, California, on Monday…

  • Business
  • Economy

QUOTES – US Treasury’s new June 1 debt ceiling X-date

The Cheap InvestorMay 1, 2023May 1, 20230

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said in a letter to Congress that the agency may be unable…

Singapore's DBS Bank Posts Record Q1 Profit, Beating Estimates
  • Headlines
  • Reuters

Singapore’s DBS Bank Posts Record Q1 Profit, Beating Estimates

The Cheap InvestorMay 1, 20230

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore’s biggest bank DBS Group reported record first-quarter profit on Tuesday, rising a stronger-than-expected 43%…

  • Economy
  • Politics

Schumer sets expedited process to consider clean debt ceiling suspension

The Cheap InvestorMay 1, 2023May 1, 20230

WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Monday set in motion an expedited process for the chamber…

  • Economy
  • Europe

French police clash with black-clad anarchists during May Day rallies

The Cheap InvestorMay 1, 2023May 1, 20230

By Clotaire Achi and Stephane Mahe PARIS (Reuters) -French police clashed with hundreds of black-clad anarchists in Paris and other…

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