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Dow, S&P gain with bank rally countering rate worries

The Cheap InvestorJune 29, 2023June 29, 20230

By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – The Dow and the S&P 500 advanced on Thursday…

  • Asia
  • Business

Japan’s jobless rate flat at 2.6% in May

The Cheap InvestorJune 29, 2023June 29, 20230

TOKYO (Reuters) – Japan’s jobless rate was flat at 2.6% in May from the previous month, government data showed on…

  • Business
  • Economy

KKR sweetens Circor offer again in bidding war with Arcline

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) – Circor International said on Thursday that KKR & Co had raised its offer for the industrial machinery maker…

  • Business
  • Economy

US bank stocks rise as lenders shrug off turmoil to ace Fed health checks

The Cheap InvestorJune 29, 2023June 29, 20230

By Manya Saini and Chibuike Oguh (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health…

  • Asia
  • Business

Exclusive-US, Dutch set to hit China’s chipmakers with one-two punch

The Cheap InvestorJune 29, 2023June 29, 20230

By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers…

  • Business
  • Economy

Binance’s European banking partner Paysafe to withdraw support

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) -Paysafe Payment Solutions, Binance’s European banking partner, said on Thursday it will cease offering its embedded wallet solution to…

  • Business

Nike’s gloomy forecast puts spotlight on N America slowdown

The Cheap InvestorJune 29, 2023June 29, 20230

By Granth Vanaik, Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike forecast first-quarter revenue below Wall Street expectations on Thursday…

  • Business

Alkermes wins battle against Sarissa in closely watched boardroom fight

The Cheap InvestorJune 29, 2023June 29, 20230

By Svea Herbst-Bayliss NEW YORK (Reuters) -Alkermes beat back activist investor Sarissa Capital Management’s boardroom challenge on Thursday when shareholders…

  • Business
  • Economy

Goldman Sachs nominates former BofA executive Montag to join board

The Cheap InvestorJune 29, 2023June 29, 20230

NEW YORK (Reuters) – Members of Goldman Sachs’ board nominated former Bank of America executive Tom Montag to join as…

  • Asia
  • Business

Marketmind: China, Japan data bring curtain down on H1

The Cheap InvestorJune 29, 2023June 29, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….

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