AsiaAustralia Westpac hires RBA assistant gov Luci Ellis as chief economist The Cheap InvestorJuly 10, 2023July 10, 20230 SYDNEY (Reuters) – Australia’s central bank is set to lose a top official to the private sector amid a broader…
EnvironmentEurope US, Ukraine’s top diplomats hold ‘important’ call before NATO summit The Cheap InvestorJuly 10, 2023July 10, 20230 (Reuters) – U.S. Secretary of State Antony Blinken and Ukraine’s Foreign Minister Dmytro Kuleba said late on Sunday they held…
AsiaBusiness China’s state planner holds meeting with private firms, including Baidu The Cheap InvestorJuly 10, 2023July 10, 20230 (Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING (Reuters) – China’s state planner…
AsiaBusiness Analysis-U.S. military deals not enough to wean India off Russian arms yet The Cheap InvestorJuly 10, 2023July 10, 20230 By Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting…
AsiaBusiness Marketmind: China disinflation a mix of good and bad The Cheap InvestorJuly 10, 2023July 10, 20230 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for…
AsiaBusiness What people are saying about Ant Group’s $984 million fine and share buyback The Cheap InvestorJuly 10, 2023July 10, 20230 (Reuters) – China’s Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well…
AsiaEconomy China urges ‘practical’ US action on sanctions after Yellen talks The Cheap InvestorJuly 10, 2023July 10, 20230 By Joe Cash BEIJING (Reuters) – China on Monday called on the U.S. to take “practical action” in response to…
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…