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Analysis-Caught between riots and debt crises, African countries cut fuel subsidies

The Cheap InvestorJuly 4, 20230

By Libby George LONDON (Reuters) – Abdoulaye Diallo is paying over 50% more to fill up his “thiak-thiak” motorbike taxi…

  • Business
  • Economy

Marketmind: Zuckerberg takes on Musk; RBA stands pat

The Cheap InvestorJuly 4, 2023July 4, 20230

A look at the day ahead in European and global markets from Ankur Banerjee: It looks like we might be…

  • Asia
  • Economy

Japan’s currency diplomat says Tokyo in constant FX dialogue with US

The Cheap InvestorJuly 4, 2023July 4, 20230

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan’s top financial diplomat Masato Kanda said on Tuesday authorities were in…

  • Business
  • Economy

US manufacturing slump deepens, factory gate price pressures subdued

The Cheap InvestorJuly 3, 2023July 3, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing slumped further in June, reaching levels last seen when the nation was…

  • Asia
  • Business

China to restrict exports of chipmaking materials as US mulls new curbs

The Cheap InvestorJuly 3, 2023July 3, 20230

BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced…

  • Asia
  • Economy

Malaysia central bank to hold key rate on July 6, may not resume tightening: Reuters poll

The Cheap InvestorJuly 3, 2023July 3, 20230

By Anant Chandak BENGALURU (Reuters) – Malaysia’s central bank will leave its key interest rate unchanged at 3.00% on Thursday…

  • Asia
  • Business

Factbox-Japan’s toolkit to combat sharp yen declines

The Cheap InvestorJuly 3, 2023July 3, 20230

By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat the yen’s fresh declines driven by market…

  • Asia
  • Business

What would Japanese intervention to boost the weak yen look like?

The Cheap InvestorJuly 3, 2023July 3, 20230

By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat a continued yen fall driven by market…

  • Business
  • Economy

South Korea consumer inflation hits 21-month low

The Cheap InvestorJuly 3, 2023July 3, 20230

SEOUL (Reuters) -South Korea’s consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday,…

  • Business
  • Economy

Twitter says users must be verified to access TweetDeck

The Cheap InvestorJuly 3, 2023July 3, 20230

By Sheila Dang (Reuters) -Twitter users will soon need to be verified in order to use TweetDeck, the social media…

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