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Multilateral lenders need reform to meet poverty, climate change challenges – G20 panel

The Cheap InvestorJuly 18, 2023July 18, 20230

By Aftab Ahmed and Shivangi Acharya GANDHINAGAR, India (Reuters) – Multilateral development banks must create a new funding mechanism and…

  • Asia
  • Business

Marketmind: Retail, housing and banks test jaunty July

The Cheap InvestorJuly 18, 2023July 18, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets…

  • Asia
  • Business

China SMIC chairman resigns, replaced by chemical industry veteran

The Cheap InvestorJuly 18, 2023July 18, 20230

SHANGHAI (Reuters) – Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure…

  • Asia
  • Politics

US nuclear missile submarine visits S.Korea as allies talk war planning

The Cheap InvestorJuly 18, 2023July 18, 20230

By Hyonhee Shin and Josh Smith SEOUL (Reuters) -For the first time since the 1980s a U.S. nuclear-armed ballistic missile…

  • Asia
  • Business

Evergrande’s liabilities, depleted coffers raise business viability concerns

The Cheap InvestorJuly 18, 2023July 18, 20230

By Clare Jim HONG KONG (Reuters) – China Evergrande Group’s huge liabilities and diminishing cash disclosed in its long-overdue reports…

  • Asia
  • Science

China may launch next-generation crewed spacecraft as early as 2027

The Cheap InvestorJuly 18, 20230

BEIJING (Reuters) – China’s next-generation crewed spacecraft, which can transport up to seven astronauts, may fly for the first time…

  • Asia
  • Politics

US nuclear missile sub visits S.Korea for first time in decades – US official

The Cheap InvestorJuly 18, 20230

SEOUL (Reuters) – For the first time since the 1980s a U.S. nuclear-armed ballistic missile submarine (SSBN) is in South…

  • Asia
  • Business

Ghosn says Nissan, Renault are going for mini alliance with rebalancing deal

The Cheap InvestorJuly 18, 2023July 18, 20230

TOKYO (Reuters) – Former Nissan Motor chairman Carlos Ghosn said on Tuesday the Japanese automaker and Renault are trying to…

  • Asia
  • Europe

Taiwan says looking to buy NASAMS air defence system from US

The Cheap InvestorJuly 18, 2023July 18, 20230

TAIPEI (Reuters) – Taiwan is looking to buy National Advanced Surface-to-Air Missile Systems, or NASAMS, from the United States to…

  • Asia
  • Economy

Deutsche Bank cuts China’s 2023 growth forecast to 5.3%

The Cheap InvestorJuly 18, 2023July 18, 20230

(Reuters) – Deutsche Bank lowered its forecast for China’s economic growth forecast this year to 5.3%, from 6% earlier, citing…

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