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Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along

The Cheap InvestorMay 15, 2023May 16, 20230

By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields…

  • Asia
  • Australia

Australia’s central bank hiked in May due to inflation risks, more raises may be required

The Cheap InvestorMay 15, 2023May 15, 20230

SYDNEY(Reuters) – Australia’s central bank decided to hike at its May meeting due to inflation risks from weak productivity growth,…

  • Asia
  • Australia

Australian consumer mood bleak in May after surprise rate hike, budget

The Cheap InvestorMay 15, 2023May 15, 20230

SYDNEY (Reuters) -A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by the…

  • Asia
  • Business

Stellantis blocks battery plant construction as more support sought

The Cheap InvestorMay 15, 2023May 15, 20230

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Automaker Stellantis has stopped construction at a more-than C$5 billion ($3.7 billion)…

  • Asia
  • Australia

Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings

The Cheap InvestorMay 15, 2023May 15, 20230

By Carolina Mandl (Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of…

  • Asia
  • Business

Berkshire invests in Capital One, sheds four stocks

The Cheap InvestorMay 15, 2023May 15, 20230

By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while…

  • Asia
  • Business

Marketmind: Slump or recovery in China?

The Cheap InvestorMay 15, 2023May 15, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A barrage of…

  • Asia
  • Australia

G7 to show unity on China approach while recognizing individual ties -US officials

The Cheap InvestorMay 15, 2023May 15, 20230

By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The G7 summit U.S. President Joe Biden attends in Japan this…

  • Asia
  • Politics

US charges ex-Army employee at South Korean facility with bribery, fraud

The Cheap InvestorMay 15, 2023May 15, 20230

NEW YORK (Reuters) – A former civilian employee at a U.S. Army facility in South Korea has been arrested on…

  • Asia
  • Business

Exxon settles Indonesia torture case that led to SEC official’s ouster

The Cheap InvestorMay 15, 2023May 15, 20230

By Andrew Goudsward (Reuters) – Exxon Mobil Corp on Monday settled a long-running human rights lawsuit with villagers who claimed…

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