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Australia’s largest bank blocks payments to some crypto exchanges

The Cheap InvestorJune 8, 2023June 8, 20230

By Lewis Jackson SYDNEY (Reuters) – Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to…

  • Asia
  • Business

Exclusive-Chinese energy storage, battery firms consider big investments in Vietnam -sources

The Cheap InvestorJune 8, 2023June 8, 20230

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Two Chinese makers of energy storage systems and batteries are weighing…

  • Business
  • Economy

TRYing times: The slide and fall of the Turkish lira

The Cheap InvestorJune 8, 2023June 8, 20230

By Marc Jones LONDON (Reuters) -Turkey’s lira took a 7% nosedive on Wednesday as the country’s newly re-elected government appeared…

  • Business
  • Economy

Marketmind: O Canada! Markets wary of Fed hawkish surprise

The Cheap InvestorJune 8, 2023June 8, 20230

A look at the day ahead in European and global markets from Ankur Banerjee Another day, another surprise hike. After…

  • Asia
  • Business

China’s Dalian Wanda appeals court decision to freeze shares

The Cheap InvestorJune 8, 2023June 8, 20230

BEIJING/HONG KONG (Reuters) -China’s largest commercial property developer Dalian Wanda Group on Thursday said it is appealing a court decision…

  • Asia
  • Business

South Korea plans to discuss bilateral FX swap with Japan, Finance Minister says

The Cheap InvestorJune 7, 2023June 8, 20230

SEOUL (Reuters) -South Korea will discuss with Japan re-establishment of their bilateral foreign exchange swap line that expired in 2015,…

  • Asia
  • Business

China’s biggest state banks cut deposit rates

The Cheap InvestorJune 7, 2023June 7, 20230

BEIJING (Reuters) -China’s biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could…

  • Business
  • Economy

StanChart trimming roles as part of cost cuts – Bloomberg News

The Cheap InvestorJune 7, 2023June 7, 20230

(Reuters) -Standard Chartered is starting to lay off employees across Singapore, London, and Hong Kong hubs as part of an…

  • Asia
  • Business

TikTok seeks up to $20 billion in e-commerce business this year – Bloomberg News

The Cheap InvestorJune 7, 2023June 7, 20230

(Reuters) -ByteDance-owned TikTok hopes to more than quadruple the size of its worldwide e-commerce operations to as much as $20…

  • Asia
  • Business

Japan keeps growth focus but signals end to crisis-mode fiscal largesse

The Cheap InvestorJune 7, 2023June 7, 20230

By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Japan is committed to putting economic growth before fiscal reform, Prime…

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