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Marketmind: Central bank bonanza, stocks on a roll

The Cheap InvestorJune 11, 2023June 11, 20230

By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf. Asian markets will…

  • Asia
  • Business

Several Chinese lenders cut yuan deposit rates from Monday

The Cheap InvestorJune 11, 2023June 11, 20230

BEIJING (Reuters) – Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their…

  • Asia
  • Business

BOJ set to keep ultra-low rates, may signal inflation overshoot

The Cheap InvestorJune 11, 2023June 11, 20230

By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) is expected to maintain ultra-loose monetary policy this week and…

  • Business
  • Economy

Morgan Stanley Infrastructure in lead to buy Sacyr waste management unit – sources

The Cheap InvestorJune 11, 2023June 11, 20230

By Andres Gonzalez and Corina Pons LONDON/MADRID (Reuters) -Morgan Stanley Infrastructure Partners is poised to buy Sacyr’s Valoriza Servicios Medioambientales…

  • Business
  • Economy

UBS to impose restrictions on Credit Suisse bankers after takeover complete, FT says

The Cheap InvestorJune 11, 2023June 11, 20230

(Reuters) – UBS AG is set to impose tight restrictions on Credit Suisse bankers, including a ban on new clients…

  • Business
  • Economy

CD Projekt to launch Cyberpunk 2077 expansion on Sept. 26

The Cheap InvestorJune 11, 2023June 11, 20230

GDANSK (Reuters) -Poland’s biggest video game producer CD Projekt will release a highly-anticipated expansion to its flagship game Cyberpunk 2077…

  • Business
  • Economy

World Bank must drive private investment in climate transition, new chief says

The Cheap InvestorJune 11, 2023June 11, 20230

By Andrea Shalal WASHINGTON (Reuters) – The World Bank must use “informed risk-taking” to encourage private investors to get more…

  • Asia
  • Business

Saudi Arabia seeks cooperation with China, ‘ignores’ Western worries

The Cheap InvestorJune 11, 2023June 11, 20230

By Aziz El Yaakoubi and Maha El Dahan RIYADH (Reuters) -Saudi Arabia wants to collaborate, not compete, with China, the…

  • Business
  • Economy

Investors rethink recession plays, boosting U.S. stock market laggards

The Cheap InvestorJune 11, 2023June 11, 20230

By David Randall NEW YORK (Reuters) -A U.S. stocks rally is showing signs of expanding beyond the cluster of giant…

  • Business
  • Economy

Germany refusing Intel’s additional demand for subsidies for chip plant – FT

The Cheap InvestorJune 11, 2023June 11, 20230

(Reuters) – Germany’s Finance Minister Christian Lindner is refusing Intel’s demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant,…

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