BusinessEconomy China bank shares slump in Hong Kong after Goldman downgrades The Cheap InvestorJuly 5, 2023July 5, 20230 By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Chinese banking shares listed in Hong Kong tumbled on Wednesday after…
EconomyElections Argentina election race narrows as libertarian Milei loses ground – pollsters The Cheap InvestorJuly 5, 2023July 5, 20230 By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s election race is narrowing into a two-horse race, polling ahead of the…
AsiaEconomy Pakistan PM hopes for bailout approval from IMF board on July 12 The Cheap InvestorJuly 5, 2023July 5, 20230 By Asif Shahzad ISLAMABAD (Reuters) – Prime Minister Shehbaz Sharif said on Wednesday that he hoped the $3 billion short-term…
BusinessEconomy Thai headline inflation at 22-month low, but central bank may hike rate further The Cheap InvestorJuly 5, 2023July 5, 20230 By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation unexpectedly rose in June but at its…
AsiaBusiness Russia to decrease daily forex sales in coming month The Cheap InvestorJuly 5, 2023July 5, 20230 (Reuters) – Russia’s finance ministry said on Wednesday it would sell 1.7 billion roubles’ ($18.9 million) worth of foreign currency…
ElectionsPolitics Suspended Texas Attorney General Paxton won’t testify at impeachment trial The Cheap InvestorJuly 5, 2023July 5, 20230 By Kanishka Singh WASHINGTON (Reuters) – Suspended Texas Attorney General Ken Paxton will not testify in his upcoming impeachment trial…
BusinessEurope Apple loses London appeal in 4G patent dispute with Optis The Cheap InvestorJuly 5, 2023July 5, 20230 LONDON (Reuters) – Apple Inc infringed two telecommunications patents used in devices including iPhones and iPads, London’s Court of Appeal…
BusinessEconomy Euro zone consumers see lower inflation ahead – ECB poll The Cheap InvestorJuly 5, 2023July 5, 20230 FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they still…
AsiaEconomy Yellen’s China visit aims at ‘new normal’ with Beijing The Cheap InvestorJuly 5, 2023July 5, 20230 By Andrea Shalal WASHINGTON (Reuters) -Janet Yellen’s first trip to China as U.S. Treasury Secretary will focus on recalibrating ties…
BusinessEconomy EVs drive Britain’s June car sales; industry body seeks VAT cut on public charging The Cheap InvestorJuly 5, 2023July 5, 20230 (Reuters) -Britain’s new car sales jumped 25.8% year-on-year in June thanks to solid demand for electric vehicles (EV) from businesses…