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July 2023

  • Asia
  • Business

Shanghai Futures Exchange targets commodity storage outside China – sources

The Cheap InvestorJuly 13, 2023July 13, 20230

By Pratima Desai and Siyi Liu LONDON/BEIJING (Reuters) -The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing…

  • Business
  • Economy

UK’s Domino’s Pizza Group names new CEO

The Cheap InvestorJuly 13, 2023July 13, 20230

(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise…

  • Business

Disney extends CEO Bob Iger’s contract through 2026

The Cheap InvestorJuly 13, 2023July 13, 20230

(Reuters) -Walt Disney’s board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two years as the experienced leader…

  • Asia
  • Business

China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll

The Cheap InvestorJuly 13, 2023July 13, 20230

By Kevin Yao BEIJING (Reuters) – China’s economy likely grew 7.3% in the second quarter from a year earlier due…

  • Asia
  • Australia

Australian banks say low unemployment is buffering home loans

The Cheap InvestorJuly 13, 2023July 13, 20230

By Byron Kaye SYDNEY (Reuters) – The CEOs of Australia’s two biggest banks said on Thursday a tight labour market…

  • Business
  • Economy

Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers

The Cheap InvestorJuly 13, 2023July 13, 20230

By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales…

  • Business
  • Canada

J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%

The Cheap InvestorJuly 13, 2023July 13, 20230

(Reuters) – J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one…

  • Asia
  • Business

McDonald’s China owners Carlyle, Trustar plan $4 billion exit – Bloomberg News

The Cheap InvestorJuly 13, 2023July 13, 20230

(Reuters) -Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from wealth funds to buy part of…

  • Asia
  • Business

Exclusive-China’s Qingdao sets up firm to bail out its local govt financing arms-sources

The Cheap InvestorJuly 13, 2023July 13, 20230

By Samuel Shen and Tom Westbrook (Reuters) – Qingdao city in China’s debt-laden Shandong province has set up a company…

  • Asia
  • Economy

Top diplomat says China, ASEAN pushing ahead with free trade area talks

The Cheap InvestorJuly 13, 2023July 13, 20230

BEIJING (Reuters) – China and the Association of Southeast Asian Nations (ASEAN) are pushing ahead with talks on a third…

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