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Hong Kong stock exchange’s yuan stock trading debut gets lukewarm trade volume

The Cheap InvestorJune 19, 2023June 19, 20230

By Georgina Lee HONG KONG (Reuters) – The 24 companies that debuted the yuan-denominated stock trading scheme in Hong Kong…

  • Africa
  • Asia

Europe in danger of losing EV battery race – Court of Auditors

The Cheap InvestorJune 19, 2023June 19, 20230

By Julia Payne BRUSSELS (Reuters) – Europe is in danger of losing the race to become a global battery powerhouse…

  • Asia
  • Australia

Dollar nudges up, sterling near 14-month highs ahead of BoE decision

The Cheap InvestorJune 19, 2023June 19, 20230

By Iain Withers LONDON (Reuters) -The dollar edged higher and the UK pound was near a 14-month peak on Monday…

  • Business
  • Economy

Italy’s TIM leaning towards KKR for talks over grid sale, sources say

The Cheap InvestorJune 19, 2023June 19, 20230

By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over…

  • Asia
  • Australia

Stocks rally stalls, eyes on Powell testimony for US rate clues

The Cheap InvestorJune 19, 2023June 19, 20230

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors…

  • Asia
  • Business

SVB’s Asian customers who lost deposits remain on the hook for loans – WSJ

The Cheap InvestorJune 19, 2023June 19, 20230

(Reuters) – Silicon Valley Bank’s customers in Asia whose deposits were recently seized by the U.S. Federal Deposit Insurance Corp…

  • Business
  • Economy

ECB hawks argue for more hikes even as Lane opens door to pause

The Cheap InvestorJune 19, 2023June 19, 20230

FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come…

  • Business
  • Economy

AstraZeneca planning China business spin off -FT

The Cheap InvestorJune 19, 2023June 19, 20230

(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in…

  • Business
  • Economy

IMF working on global central bank digital currency platform

The Cheap InvestorJune 19, 2023June 19, 20230

By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital…

  • Business
  • Economy

ECB is data-driven, Sept decision too far off to call – Lane

The Cheap InvestorJune 19, 2023June 19, 20230

MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too…

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