BusinessEconomy Fed’s Mester says no ‘compelling’ reason to pause rate hikes -FT The Cheap InvestorMay 31, 2023May 31, 20230 (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester sees no “compelling” reason to wait to implement another interest…
HeadlinesReuters Elon Musk Visits China’s Commerce And Industry Ministries The Cheap InvestorMay 31, 20230 By Martin Quin Pollard BEIJING (Reuters) -Tesla Inc CEO Elon Musk kicked off his second day in China with visits…
BusinessEconomy Marketmind: Back to data watching, with US debt bill on track The Cheap InvestorMay 31, 2023May 31, 20230 A look at the day ahead in European and global markets from Sonali Desai With the U.S. debt ceiling bill…
AsiaBusiness Thai April factory output drops 8% y/y, worse than forecast The Cheap InvestorMay 31, 2023May 31, 20230 BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as…
AsiaBusiness Foxconn sees AI driving strong server demand, but full year to be flat The Cheap InvestorMay 31, 2023May 31, 20230 TAIPEI (Reuters) – Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server…
HeadlinesReuters China’s Factory Activity Falls Faster Than Expected As Recovery Stumbles The Cheap InvestorMay 30, 20230 By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s factory activity shrank faster than expected in May on weakening…
BusinessEconomy China’s factory activity falls faster than expected as recovery stumbles The Cheap InvestorMay 30, 2023May 31, 20230 By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s factory activity shrank faster than expected in May on weakening…
AsiaAustralia Australia’s central bank reaffirms inflation fight, warns of pain ahead The Cheap InvestorMay 30, 2023May 31, 20230 By Stella Qiu SYDNEY (Reuters) -Australia’s central bank will do whatever it takes to bring inflation under control, its governor…
BusinessElections Deepfaking it: America’s 2024 election collides with AI boom The Cheap InvestorMay 30, 2023May 31, 20230 (Note: Strong language in paragraph 10) By Alexandra Ulmer and Anna Tong (Reuters) – “I actually like Ron DeSantis a…
Business FedEx reaches tentative deal with pilot union The Cheap InvestorMay 30, 2023May 31, 20230 (Reuters) -FedEx Corp has reached a tentative agreement with pilots of its air delivery unit who had voted in favor…