AsiaBusiness Germany to reject Binance’s bid for a cryptocurrency licence – source The Cheap InvestorJune 29, 2023June 29, 20230 FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with…
AfricaAsia Analysis-Dollar drought haunts frontier economies The Cheap InvestorJune 29, 2023June 29, 20230 By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) – As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its…
AsiaEconomy China to take measures to promote household consumption- state media The Cheap InvestorJune 29, 2023June 29, 20230 BEIJING (Reuters) – China plans to take measures to promote household consumption, state media reported on Thursday, citing discussions at…
AsiaEconomy Japan, South Korea revive currency swaps as icy relations slowly thaw The Cheap InvestorJune 29, 2023June 29, 20230 By Tetsushi Kajimoto and Jihoon Lee TOKYO/SEOUL (Reuters) – Japan and South Korea agreed on Thursday to revive a $10-billion…
AsiaBusiness Ferrari launches two hybrid models in limited series based on SF90 supercar The Cheap InvestorJune 29, 2023June 29, 20230 MILAN (Reuters) – Luxury sports automaker Ferrari on Thursday unveiled two new plug-in hybrid models, produced in limited series and…
AsiaBusiness Fed turns screw, Micron pops The Cheap InvestorJune 29, 2023June 29, 20230 A look at the day ahead in U.S. and global markets from Mike Dolan Emboldened by still-punchy U.S. economic activity,…
AsiaCanada Analysis-‘Show us the money’: Canada pressured by allies to up military spending The Cheap InvestorJune 29, 2023June 29, 20230 By Steve Scherer OTTAWA (Reuters) – Canada is expected to boost military spending after a government review next month, but…
AsiaEconomy Japan finance minister declines to rule out any options on weak yen The Cheap InvestorJune 29, 2023June 29, 20230 By Tetsushi Kajimoto TOKYO (Reuters) – Japan will not rule out any options in responding to currency market moves that…
AsiaEconomy Factbox-Sri Lanka asks foreign investors for a 30% haircut in debt restructure The Cheap InvestorJune 29, 2023June 29, 20230 (Reuters) -Sri Lanka announced a restructuring plan for its massive domestic debt on Thursday to meet targets set by the…
AsiaBusiness Rouble hits 15-month low past 87 vs dollar on political risk concerns The Cheap InvestorJune 29, 2023June 29, 20230 (Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic…