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VW ready to deal with China metal curbs; chipmakers play down fallout

The Cheap InvestorJuly 6, 2023July 6, 20230

By Ben Blanchard and Jan Schwartz TAIPEI (Reuters) -Volkswagen is monitoring metals markets after China imposed export restrictions on two…

  • Asia
  • Business

Japan’s base salaries jump most since 1995, puts BOJ policy into view

The Cheap InvestorJuly 6, 2023July 6, 20230

By Satoshi Sugiyama and Kantaro Komiya TOKYO (Reuters) -Japan’s nominal base salary grew at the fastest pace in 28 years…

  • Asia
  • Australia

Stocks sink as bond yields rise, U.S. jobs data fuels rate hike fears

The Cheap InvestorJuly 6, 2023July 6, 20230

By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – MSCI’s global index of stocks fell on Thursday while Treasury…

  • Asia
  • Business

Canada agrees up to C$15 billion in incentives for Stellantis-LGES battery plant

The Cheap InvestorJuly 6, 2023July 6, 20230

By Ismail Shakil OTTAWA (Reuters) -Canada will provide up to C$15 billion ($11.23 billion) in production incentives for a Stellantis-LG…

  • Business
  • US

Biden touts investments, trip to lawmaker Taylor Greene’s backyard

The Cheap InvestorJuly 6, 2023July 6, 20230

By Jeff Mason and Jarrett Renshaw WEST COLUMBIA, South Carolina (Reuters) -President Joe Biden traveled to South Carolina to tout…

  • Business
  • Economy

Wall St logs sharp losses as labor market strength stokes rate-hike fears

The Cheap InvestorJuly 6, 2023July 6, 20230

By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended sharply lower on…

  • Business

Levi Strauss to cut prices as weak consumer spending hits outlook

The Cheap InvestorJuly 6, 2023July 6, 20230

By Granth Vanaik and Katherine Masters (Reuters) -Levi Strauss & Co cut its annual profit forecast on Thursday, in a…

  • Business
  • Canada

Canada port strike may add to inflation concerns ahead of rate decision

The Cheap InvestorJuly 6, 2023July 6, 20230

By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for the Bank of Canada (BoC) to…

  • Business
  • Environment

US state attorneys general clash over EPA emissions plan

The Cheap InvestorJuly 6, 2023July 6, 20230

By David Shepardson WASHINGTON (Reuters) -A group of 25 Republican state attorneys general on Thursday urged President Joe Biden’s administration…

  • Business
  • Economy

Rothschild family buys 8.2 million shares of Paris-listed investment bank

The Cheap InvestorJuly 6, 2023July 6, 20230

(Reuters) – Concordia said on Thursday it had acquired all the shares it was permitted to acquire of Rothschild &…

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