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Chile’s lithium takeover plan faces technical, political challenges

The Cheap InvestorApril 28, 2023April 28, 20230

By Fabian Cambero SANTIAGO (Reuters) -While Chile’s plan to take control of its lithium industry has caused global shockwaves, state-led…

  • Asia
  • Australia

RBA to hold cash rate at 3.60% in May, but may need to raise again: Reuters poll

The Cheap InvestorApril 27, 2023April 28, 20230

By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its interest rate unchanged at 3.6% on Tuesday for…

  • Asia
  • Australia

Australian grocer Coles sees Q3 inflation ease, but pressure remains

The Cheap InvestorApril 27, 2023April 27, 20230

By Byron Kaye and Roushni Nair SYDNEY/BENGALURU (Reuters) – Australian No. 2 supermarket chain Coles Group Ltd on Friday said…

  • Asia
  • Australia

Wall Street notches biggest gain in months, Treasury yields rise on solid earnings

The Cheap InvestorApril 27, 2023April 27, 20230

By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday and Treasury yields resumed their climb…

  • Asia
  • Australia

US dollar edges higher as GDP, jobless claims affirm rate hike bets

The Cheap InvestorApril 27, 2023April 27, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first…

  • Asia
  • Australia

Australia to overhaul immigration system, smooth entry for skilled workers

The Cheap InvestorApril 27, 2023April 27, 20230

SYDNEY (Reuters) – Australia proposed on Thursday overhauling its immigration system to speed up getting highly skilled workers into the…

  • Asia
  • Australia

New Zealand committed to cutting spending, PM Hipkins says

The Cheap InvestorApril 27, 2023April 27, 20230

By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is committed to reducing spending even though severe weather events…

  • Asia
  • Australia

Euro near one-year peak as US economic risks weigh on dollar

The Cheap InvestorApril 26, 2023April 26, 20230

By Kevin Buckland TOKYO (Reuters) – The euro hovered near a one-year high versus the dollar on Thursday, as Europe’s…

  • Asia
  • Australia

Tech powers Nasdaq gains; recession fears weigh on cyclicals, dollar

The Cheap InvestorApril 26, 2023April 26, 20230

By Stephen Culp NEW YORK (Reuters) – The Nasdaq rose and the dollar weakened on Wednesday as investors weighed solid…

  • Asia
  • Australia

Dollar weakens on fresh signs of slowdown, euro rebounds

The Cheap InvestorApril 26, 2023April 26, 20230

By Herbert Lash NEW YORK (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after…

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