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Mexican inflation slows more than expected ahead of rate decision

The Cheap InvestorJune 22, 2023June 22, 20230

(Reuters) -Mexico’s annual inflation hit its lowest in more than two years ahead of a monetary policy decision on Thursday…

  • Africa
  • Business

IMF has hit $100 billion target of SDRs for vulnerable countries – Georgieva

The Cheap InvestorJune 22, 2023June 22, 20230

PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available…

  • Asia
  • Australia

Big central banks are still hiking rates but eye the end

The Cheap InvestorJune 22, 2023June 22, 20230

LONDON (Reuters) – Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even…

  • Business
  • Economy

Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness

The Cheap InvestorJune 22, 2023June 22, 20230

By Davide Barbuscia NEW YORK (Reuters) -A hawkish tilt from Federal Reserve Chair Jerome Powell hasn’t been enough to convince…

  • Business
  • Economy

Novo Nordisk says EMA raised safety signal on drugs including semaglutide

The Cheap InvestorJune 22, 2023June 22, 20230

By Nikolaj Skydsgaard COPENHAGEN (Reuters) -A thyroid cancer safety signal was raised by the EU’s drugs watchdog last month over…

  • Business
  • Economy

Deutsche Bank plans to cut 10% of 17,000 German retail jobs – source

The Cheap InvestorJune 22, 2023June 22, 20230

By Tom Sims FRANKFURT (Reuters) -Deutsche Bank is drawing up plans to cut 10% of its 17,000 German retail jobs…

  • Business
  • Economy

Orpea creditors Kyma Capital, LMR apply to US court to obtain documentation

The Cheap InvestorJune 22, 2023June 22, 20230

LONDON (Reuters) – Two creditors of France’s Orpea have filed an application in a U.S. court against another creditor and…

  • Business
  • Economy

Bank of England delivers hefty rate hike

The Cheap InvestorJune 22, 2023June 22, 20230

LONDON (Reuters) -The Bank of England raised interest rates more than expected by half a percentage point on Thursday after…

  • Business
  • Economy

Swiss central bank signals more tightening to come after latest rate hike

The Cheap InvestorJune 22, 2023June 22, 20230

By John Revill ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 25 basis points on Thursday…

  • Africa
  • Business

HIGHLIGHTS-What world leaders said at the Paris finance summit

The Cheap InvestorJune 22, 2023June 22, 20230

PARIS (Reuters) – Following are highlights of what world leaders said at a summit in Paris on Thursday to boost…

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