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August 2023

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China’s July imports from Russia fall for first time since Feb 2021

The Cheap InvestorAugust 8, 2023August 8, 20230

BEIJING (Reuters) – China’s imports from Russia dropped in July, the first monthly decline since February 2021, with imports of…

  • Uncategorized

China’s car sales fall for 2nd month in July as price war continues

The Cheap InvestorAugust 8, 2023August 8, 20230

By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China’s passenger vehicle sales fell for a second month in July, as…

  • Uncategorized

Greek EU-harmonised inflation rises to 3.5% y/y in July

The Cheap InvestorAugust 8, 2023August 8, 20230

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised…

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Defying war risk, European traders store gas in Ukraine

The Cheap InvestorAugust 8, 2023August 8, 20230

By Jan Lopatka and Marek Strzelecki PRAGUE/WARSAW (Reuters) – European gas traders have begun storing natural gas in Ukraine to…

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War crimes by Myanmar’s military ‘more frequent and brazen’, UN probe finds

The Cheap InvestorAugust 8, 2023August 8, 20230

GENEVA (Reuters) – War crimes committed by Myanmar’s military, including the bombing of civilians, have become “increasingly frequent and brazen”,…

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Japan’s Kobe Steel raises annual profit forecast to record $840 million

The Cheap InvestorAugust 8, 2023August 8, 20230

TOKYO (Reuters) – Japan’s Kobe Steel raised its net profit forecast for the current fiscal year to a record high…

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Euro zone consumers expect lower inflation, sluggish housing prices – ECB poll

The Cheap InvestorAugust 8, 2023August 8, 20230

FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic…

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Siemens cooperating with Austrian authorities in corruption probe

The Cheap InvestorAugust 8, 2023August 8, 20230

VIENNA/MUNICH (Reuters) – Siemens is cooperating with authorities in Austria on an investigation into allegations of possible corruption related to…

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Investors bet on state-backed developers as Chinese property begins recovery

The Cheap InvestorAugust 8, 2023August 8, 20230

By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are…

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Holiday Inn owner IHG makes light of tough economy

The Cheap InvestorAugust 8, 2023August 8, 20230

By Yadarisa Shabong (Reuters) -Holiday Inn owner IHG expects room revenue growth to remain positive across its regions in the…

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