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Asia

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LVMH chief Bernard Arnault, daughter embark on China tour

The Cheap InvestorJune 27, 2023June 27, 20230

By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – LVMH chairman and CEO Bernard Arnault has touched down in China,…

  • Asia
  • Business

Lordstown Motors files for bankruptcy, sues Foxconn

The Cheap InvestorJune 27, 2023June 27, 20230

By Mike Spector, Joseph White and Dietrich Knauth NEW YORK (Reuters) – U.S. electric truck manufacturer Lordstown Motors filed for…

  • Asia
  • Business

Dancing cyborgs: Japanese researchers develop robot arms to ‘unlock creativity’

The Cheap InvestorJune 27, 2023June 27, 20230

TOKYO (Reuters) – What would society look like if cyborg body parts were freely available for use like roadside rental…

  • Asia
  • Business

China steps in to stem yuan slide, shore up confidence

The Cheap InvestorJune 27, 2023June 27, 20230

SHANGHAI/BEIJING (Reuters) – China’s monetary authorities took forceful action against a sliding currency for the first time in nearly eight…

  • Asia
  • Economy

Factbox-Why Pakistan’s long-awaited IMF tranche is important

The Cheap InvestorJune 27, 2023June 27, 20230

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistani Prime Minister Shehbaz Sharif said on Tuesday he hoped a bailout decision…

  • Asia
  • Business

BOJ may tweak yield control policy in Oct – ex-board member

The Cheap InvestorJune 27, 2023June 27, 20230

By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) is likely to move steadily towards phasing out its…

  • Asia
  • Top News

North Korea says U.S. has ‘sinister intention’ in rejoining UNESCO

The Cheap InvestorJune 27, 2023June 27, 20230

SEOUL (Reuters) – North Korea criticised on Tuesday the U.S. plan to rejoin the U.N. cultural agency UNESCO as a…

  • Asia
  • Business

JPMorgan sees yuan weakness continuing, possibility of “circuit breaker”

The Cheap InvestorJune 27, 2023June 27, 20230

LONDON (Reuters) – Wall Street bank JPMorgan said on Tuesday it was staying “bearish” on China’s yuan despite its recent…

  • Asia
  • Business

Volkswagen China chief asks China’s premier Li for clarity on data transfers

The Cheap InvestorJune 27, 2023June 27, 20230

BERLIN (Reuters) – Volkswagen’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border…

  • Asia
  • Business

Marketmind: China supports, peak rate haze

The Cheap InvestorJune 27, 2023June 27, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan Flagging world markets got a lift…

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