AsiaAustralia 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…
AsiaBusiness 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…
BusinessEconomy 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…
BusinessEconomy 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…
AsiaBusiness 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…
AsiaBusiness 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,…
AsiaBusiness 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…
BusinessEconomy 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…
AsiaBusiness 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…
AsiaBusiness 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…