AsiaBusiness 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…
AfricaAsia 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…
AsiaAustralia 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…
BusinessEconomy 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…
AsiaAustralia 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…
AsiaBusiness 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…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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…