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Asia

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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…

  • Asia
  • Economy

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,…

  • Asia
  • Business

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,…

  • Asia
  • Australia

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…

  • Asia
  • Australia

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…

  • Asia
  • Australia

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…

  • Asia
  • Australia

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…

  • Asia
  • Business

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…

  • Asia
  • Australia

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…

  • Asia
  • Economy

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…

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