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U.S. diplomacy has slowed China’s expansion of spying, basing overseas, says Blinken

The Cheap InvestorJune 13, 2023June 13, 20230

By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) – The Biden administration has taken diplomatic steps that have slowed down…

  • Asia
  • Economy

Sri Lanka extends freeze on outward capital transactions by 6 months

The Cheap InvestorJune 13, 2023June 13, 20230

COLOMBO (Reuters) – Sri Lanka’s government has decided to extend a restriction on outward capital transactions by six months due…

  • Asia
  • Australia

Australian businesses, consumers at risk of sharp slowdown ahead

The Cheap InvestorJune 12, 2023June 13, 20230

By Stella Qiu SYDNEY (Reuters) -Australian business and consumer surveys showed on Tuesday that storm clouds were gathering for the…

  • Asia
  • Business

Intel in talks to be anchor investor in Arm IPO – source

The Cheap InvestorJune 12, 2023June 13, 20230

(Reuters) – Intel is in talks with SoftBank Group Corp’s Arm to be an anchor investor in the chip designer’s…

  • Asia
  • Australia

EV charging body says Tesla’s charger connector is not standardized yet

The Cheap InvestorJune 12, 2023June 13, 20230

(Reuters) – CharIN, the industry body promoting the Combined Charging System (CCS) standard to power electric vehicles, said on Monday…

  • Asia
  • Australia

Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm

The Cheap InvestorJune 12, 2023June 13, 20230

By Navya Mittal (Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and…

  • Asia
  • Business

Exclusive-SoftBank prepares new round of layoffs at Vision Fund -sources

The Cheap InvestorJune 12, 2023June 12, 20230

By Krystal Hu SAN FRANCISCO (Reuters) – SoftBank Group Corp is planning a fresh round of layoffs at its Vision…

  • Asia
  • Economy

White House: US shared concerns with Cuba about hosting China spy base

The Cheap InvestorJune 12, 2023June 12, 20230

By Trevor Hunnicutt WASHINGTON (Reuters) -The United States has made its concerns known to the Cuban government about Cuba hosting…

  • Asia
  • Australia

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

The Cheap InvestorJune 12, 2023June 12, 20230

(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Western Australia-based Gemco Rail to bring local…

  • Asia
  • Australia

Australia business activity slows sharply in May, more risks ahead

The Cheap InvestorJune 12, 2023June 12, 20230

SYDNEY (Reuters) – Australia’s business conditions eased sharply in May, dented by slower gains in sales and employment, suggesting demand…

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