AsiaEconomy For Hong Kong’s youth, government-backed hostels offer a smidgen of housing hope The Cheap InvestorJuly 10, 2023July 10, 20230 By Clare Jim HONG KONG (Reuters) -For most young adults, moving out of home is a rite of passage but…
AsiaBusiness Take Five: Mind the curve The Cheap InvestorJuly 10, 2023July 10, 20230 (Reuters) -Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve’s next…
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…
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…
AsiaBusiness China should shift stimulus to consumption, ease residency curbs -PBOC adviser The Cheap InvestorJuly 10, 2023July 10, 20230 BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency…