AsiaBusiness Marketmind: Still seeking decisive stimulus in China The Cheap InvestorJune 20, 2023June 20, 20230 A look at the day ahead in European and global markets from Sonali Desai Disappointment has been the prevailing sentiment…
AsiaBusiness Bank Indonesia to hold key rate at 5.75% for rest of year – Reuters poll The Cheap InvestorJune 19, 2023June 20, 20230 By Anant Chandak BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% for a…
BusinessEconomy China cuts lending benchmarks to revive slowing demand The Cheap InvestorJune 19, 2023June 20, 20230 SHANGHAI/SINGAPORE (Reuters) – China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities…
AsiaEconomy Defence, critical tech on agenda as India’s Modi heads to US for landmark visit The Cheap InvestorJune 19, 2023June 20, 20230 By Krishn Kaushik, Sarita Chaganti Singh and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) -Indian Prime Minister Narendra Modi heads to the…
AsiaBusiness Japan’s Suzuki to make ‘flying cars’ with SkyDrive The Cheap InvestorJune 19, 2023June 20, 20230 TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to…
AsiaEconomy South Korea to gradually normalise regulations on banks from H2 The Cheap InvestorJune 19, 2023June 19, 20230 SEOUL (Reuters) – South Korea will gradually unwind relaxed regulations on banks from the second half of this year, the…
AsiaBusiness Japan Finance Minister says no change in FX policy after US report The Cheap InvestorJune 19, 2023June 19, 20230 By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s currency policy won’t immediately change after the United States removed the country from its…
AsiaAustralia Australia’s central bank hiked rates for fear inflation was becoming entrenched The Cheap InvestorJune 19, 2023June 19, 20230 SYDNEY, June 20 (Reuters) – Australia’s central bank’s decision to hike interest rates in June was “finely balanced” but judged…
AsiaEconomy Blinken ‘actively talking’ about three Americans detained in China – CBS News The Cheap InvestorJune 19, 2023June 19, 20230 WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Monday the United States and China were continuing to…
AsiaAustralia New Zealand to investigate profitability, competition at banks The Cheap InvestorJune 19, 2023June 19, 20230 SYDNEY (Reuters) – New Zealand said on Tuesday it would examine the profitability of the country’s banks and investigate whether…