AsiaBusiness China’s Henan plans ‘zero-dynamic’ end to youth unemployment The Cheap InvestorJune 1, 2023June 1, 20230 (Refiles to correct spelling of ‘dynamic’ in headline) By Farah Master HONG KONG (Reuters) – China’s Henan province has unveiled…
BusinessEconomy Major central banks renew rate hike push in May The Cheap InvestorJune 1, 2023June 1, 20230 By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace of interest rate hikes across major central banks showed…
AsiaBusiness Elon Musk met with Chinese Vice Premier Ding in Beijing -source The Cheap InvestorJune 1, 2023June 1, 20230 By Julie Zhu HONG KONG (Reuters) – Tesla Inc CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on…
AsiaBusiness China new home prices, sales fall on soft demand in May The Cheap InvestorJune 1, 2023June 1, 20230 BEIJING (Reuters) – China’s new home prices fell for the first time in four months in May and home sales…
AsiaBusiness Foreigners pull more money out of China in May The Cheap InvestorJune 1, 2023June 1, 20230 By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Foreign investors’ selling of Chinese shares gained some momentum in May, as…
BusinessEconomy Analysis-Remaining Western firms face tricky Russian exits The Cheap InvestorJune 1, 2023June 1, 20230 By Alexander Marrow (Reuters) – After months of negotiations, Finland’s Nokian Tyres was on the cusp late last year of…
BusinessEconomy Russia’s factory activity expands for 13th month running in May The Cheap InvestorJune 1, 2023June 1, 20230 (Reuters) – Activity in Russia’s manufacturing sector increased for the 13th month running in May and employment rose at its…
AsiaBusiness Big Tobacco faces big EU counterfeit problem The Cheap InvestorJune 1, 2023June 1, 20230 By Richa Naidu, Emma Pinedo and Emilio Parodi MADRID (Reuters) – Spanish police raided three clandestine tobacco factories early this…
BusinessUS Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News The Cheap InvestorJune 1, 2023June 1, 20230 (Reuters) – Fujitsu Ltd’s controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and…
AsiaBusiness Modi’s chip making plan flounders as firms struggle to find tech partners The Cheap InvestorJune 1, 2023June 1, 20230 By Munsif Vengattil, Aditya Kalra and Jane Lanhee Lee NEW DELHI/OAKLAND, California (Reuters) -Big companies including a Foxconn joint venture…