BusinessEconomy Citigroup downgrades US stocks amid recession risks, upgrades Europe The Cheap InvestorJuly 10, 2023July 10, 20230 (Reuters) -Citigroup on Monday downgraded U.S. stocks in anticipation of a pullback in growth stocks and a recession in the…
AsiaBusiness Hyundai launches small SUV in India to boost share as rivals gain ground The Cheap InvestorJuly 10, 2023July 10, 20230 By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – Hyundai Motor Co on Monday launched a small sport-utility vehicle…
AsiaBusiness Alibaba and Tencent buoyed by hopes China tech crackdown to end The Cheap InvestorJuly 10, 2023July 10, 20230 By Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Alibaba Group and Tencent shares rose in Hong Kong on…
AfricaEnvironment Hunger haunts Ethiopia’s Tigray region after years of war The Cheap InvestorJuly 10, 2023July 10, 20230 By Dawit Endeshaw MEKELLE, Ethiopia (Reuters) – Curled up on a hospital bed in Ethiopia’s northern Tigray region, an emaciated…
AsiaBusiness Explainer-What’s next for Ant after its nearly $1 billion fine? The Cheap InvestorJuly 10, 2023July 10, 20230 BEIJING (Reuters) – The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a…
AsiaBusiness Exclusive-South Korea asks banks to prepare $4 billion to support credit union -sources The Cheap InvestorJuly 10, 2023July 10, 20230 By Seunggyu Lim SEOUL (Reuters) -South Korea’s financial services regulator has asked major commercial banks to prepare around $4 billion…
EuropePolitics Analysis-NATO’s Ukraine debate still haunted by Bucharest pledge The Cheap InvestorJuly 10, 2023July 10, 20230 By Andrew Gray VILNIUS (Reuters) – As NATO nations try to agree on Ukraine’s push for membership at a summit…
AsiaEurope Russia says on eve of NATO summit that Ukrainian entry would be a threat requiring tough response The Cheap InvestorJuly 10, 2023July 10, 20230 LONDON (Reuters) – Russia said on Monday that Ukrainian membership of the NATO military alliance would have very negative consequences…
AsiaAustralia Analysis-Ground down: Australia coffee shops an early inflation casualty The Cheap InvestorJuly 10, 2023July 10, 20230 By Byron Kaye and Lewis Jackson SYDNEY (Reuters) – The cost of serving up a sandwich with a cup of…
EuropePolitics What would happen if Ukraine joined NATO? The Cheap InvestorJuly 10, 2023July 10, 20230 BRUSSELS (Reuters) -Ukraine stepped up its efforts to join NATO after Russia invaded last year, arguing that the security assurances…