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Australia

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Telecom Italia CEO says service business can stand on own two feet

The Cheap InvestorMay 11, 2023May 11, 20230

MILAN (Reuters) – The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone…

  • Asia
  • Australia

Australia’s trade minister seeks end to trade curbs on visit to Beijing

The Cheap InvestorMay 11, 2023May 11, 20230

BEIJING (Reuters) – Australia’s Trade Minister arrived in Beijing On Thursday to meet his Chinese counterpart, as Canberra pushes for…

  • Asia
  • Australia

Australia’s Allkem tops ASX 200 on $10.6 billion merger with Livent

The Cheap InvestorMay 10, 2023May 10, 20230

By Archishma Iyer (Reuters) – Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion…

  • Asia
  • Australia

Stocks rise as U.S. inflation trends lower, bond yields slide

The Cheap InvestorMay 10, 2023May 10, 20230

By Herbert Lash NEW YORK (Reuters) – A gauge of global stock markets rose and bond yields slid on Wednesday…

  • Asia
  • Australia

Dollar in holding pattern, inflation data provides little clarity on rates

The Cheap InvestorMay 10, 2023May 10, 20230

By Laura Matthews NEW YORK (Reuters) – The dollar remained stable against a basket of currencies on Wednesday as data…

  • Asia
  • Australia

Lithium producers Allkem, Livent to combine in $10.6 billion deal

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal…

  • Asia
  • Australia

Australia exports first copper to China since 2020, industry hopes end to ban near

The Cheap InvestorMay 10, 2023May 10, 20230

By Lewis Jackson, Siyi Liu and Melanie Burton SYDNEY (Reuters) – Australia exported roughly $40 million worth of copper ore…

  • Asia
  • Australia

Virgin Australia says IPO planning advanced, finalising capital return

The Cheap InvestorMay 10, 2023May 10, 20230

By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) -Planning for Virgin Australia’s upcoming initial public offering (IPO) is “well advanced”,…

  • Asia
  • Australia

Australian government rejects concerns budget may worsen inflation

The Cheap InvestorMay 9, 2023May 9, 20230

By Renju Jose SYDNEY (Reuters) – Australia’s Labor government said on Wednesday the billions in cost-of-living relief unveiled in the…

  • Asia
  • Australia

T-bills hit by US debt ceiling worries, stocks slip ahead of CPI

The Cheap InvestorMay 9, 2023May 9, 20230

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday as investors grew…

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