AsiaBusiness Lithium prices bounce after big plunge, but surpluses loom The Cheap InvestorMay 2, 2023May 2, 20230 By Eric Onstad, Siyi Liu and Mai Nguyen LONDON/BEIJING/HANOI (Reuters) -Lithium prices rebounded this week for the first time in…
AsiaEconomy Indonesia’s April annual inflation eases to 4.33%, below forecast The Cheap InvestorMay 2, 2023May 2, 20230 By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s consumer price index rose 4.33% annually in April, government data showed on Tuesday,…
AsiaBusiness IMF raises Asia’s economic forecast on China recovery, warns of risks The Cheap InvestorMay 2, 2023May 2, 20230 By Leika Kihara (Reuters) -The International Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth,…
AsiaAustralia Amid China pressure, US and Philippines recommit to security alliance The Cheap InvestorMay 2, 2023May 2, 20230 By Jeff Mason, Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -President Joe Biden told his counterpart Ferdinand Marcos Jr. on…
AsiaAustralia Normalising China-Australia trade will take more than a political fix The Cheap InvestorMay 2, 2023May 2, 20230 By Lewis Jackson and Muyu Xu SYDNEY (Reuters) – More than three years since China first blocked a range of…
AsiaAustralia Alan Joyce to step aside after 15 years as Qantas CEO The Cheap InvestorMay 2, 2023May 2, 20230 By Praveen Menon SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, said on Tuesday that long-serving CEO Alan Joyce…
AsiaAustralia Coffee at home: Australia Woolworths’ sales jump as shoppers cut costs The Cheap InvestorMay 1, 2023May 2, 20230 By Byron Kaye and Archishma Iyer (Reuters) – Top Australian grocer Woolworths Group Ltd posted a bigger than expected rise…
AsiaBusiness Asian finance leaders look to improve market safeguards The Cheap InvestorMay 1, 2023May 1, 20230 By Leika Kihara and Jihoon Lee INCHEON, South Korea (Reuters) -Asian finance leaders will on Tuesday look for ways to…
AsiaAustralia Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO The Cheap InvestorMay 1, 2023May 1, 20230 SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on Tuesday named its finance chief Vanessa Hudson to serve as…
AsiaEconomy South Korea, Indonesia central banks agree to promote local currency transactions The Cheap InvestorMay 1, 2023May 1, 20230 SEOUL (Reuters) – The central banks of South Korea and Indonesia signed a memorandum of understanding on Tuesday to cooperate…