AsiaBusiness Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits The Cheap InvestorJuly 10, 2023July 10, 20230 By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Government bond markets from Europe to the United States and Australia are…
BusinessEconomy Business leaders left in limbo by rate hike impact lag The Cheap InvestorJuly 10, 2023July 10, 20230 By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
BusinessEconomy Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT The Cheap InvestorJuly 10, 2023July 10, 20230 (Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial…
AsiaBusiness China should shift stimulus to consumption, ease residency curbs -PBOC adviser The Cheap InvestorJuly 10, 2023July 10, 20230 BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency…
BusinessEnvironment US NTSB probes Boeing 737 MAX engine fire at Newark Airport The Cheap InvestorJuly 10, 2023July 10, 20230 (This July 7 story has been corrected to clarify that FAA said the engine fire extinguishers were activated after landing,…