AsiaBusiness Japan’s wholesale inflation slows, may ease pressure on BOJ The Cheap InvestorMay 14, 2023May 15, 20230 By Leika Kihara TOKYO (Reuters) -Japan’s wholesale inflation slowed for a fourth straight month in April as rises in raw…
AsiaBusiness China holds rates, adds more liquidity as recovery struggles The Cheap InvestorMay 14, 2023May 14, 20230 SHANGHAI/SINGAPORE (Reuters) -China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Monday, as…
BusinessUS US pipeline operator ONEOK moves into oil, products with $18.8 billion Magellan deal The Cheap InvestorMay 14, 2023May 14, 20230 By Jyoti Narayan and David French (Reuters) -ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners…
BusinessEconomy Oil prices fall on stronger dollar, demand fears The Cheap InvestorMay 14, 2023May 14, 20230 By Laura Sanicola NEW YORK (Reuters) – Oil prices settled more than 1% lower on Friday, falling for the fourth…
AsiaBusiness Marketmind: Major macro signals from China, Japan The Cheap InvestorMay 14, 2023May 14, 20230 By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Major economic data…
BusinessEconomy Activist investor Engaged Capital plans proxy battle at Shake Shack -WSJ The Cheap InvestorMay 14, 2023May 14, 20230 (Reuters) -Activist investor Engaged Capital is planning a proxy fight for three board seats at high-end burger chain Shake Shack,…
Business Australian gold miner Newcrest backs Newmont’s $17.8 billion offer The Cheap InvestorMay 14, 2023May 14, 20230 By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back…
BusinessEconomy Biden expects to meet lawmakers Tuesday for debt talks, says he is optimistic The Cheap InvestorMay 14, 2023May 14, 20230 REHOBOTH BEACH, Delaware (Reuters) -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday…
AsiaBusiness Exclusive-G7 leaders to target Russian energy, trade in new sanctions steps -sources The Cheap InvestorMay 14, 2023May 14, 20230 By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten…
BusinessEconomy Argentina plans new rate hike, more FX intervention as inflation soars The Cheap InvestorMay 14, 2023May 14, 20230 By Jorge Otaola and Maximilian Heath BUENOS AIRES (Reuters) -Argentina’s government announced a package of measures to rein in soaring…