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Stocks rally stalls, eyes on Powell testimony for US rate clues

The Cheap InvestorJune 19, 2023June 19, 20230

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors…

  • Asia
  • Economy

China-U.S. climate partnership vital despite differences, Kerry says

The Cheap InvestorJune 19, 2023June 19, 20230

By Philip Pullella VATICAN CITY (Reuters) – U.S. climate envoy John Kerry said on Monday that the United States and…

  • Business
  • Economy

ECB hawks argue for more hikes even as Lane opens door to pause

The Cheap InvestorJune 19, 2023June 19, 20230

FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come…

  • Business
  • Economy

AstraZeneca planning China business spin off -FT

The Cheap InvestorJune 19, 2023June 19, 20230

(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in…

  • Business
  • Economy

IMF working on global central bank digital currency platform

The Cheap InvestorJune 19, 2023June 19, 20230

By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital…

  • Business
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ECB is data-driven, Sept decision too far off to call – Lane

The Cheap InvestorJune 19, 2023June 19, 20230

MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too…

  • Business
  • Economy

GE says all options on the table over engine for stretched A220

The Cheap InvestorJune 19, 2023June 19, 20230

PARIS (Reuters) – GE Chairman and GE Aerospace CEO Larry Culp said on Monday all options were on the table,…

  • Business
  • Economy

Air taxi maker races to serve Paris Olympics as sector struggles for funds

The Cheap InvestorJune 19, 2023June 19, 20230

By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) -A year ahead of the Paris Olympics, flying taxi maker…

  • Asia
  • Economy

Exclusive-World Bank set to approve $700 million for Sri Lanka next week -sources

The Cheap InvestorJune 19, 2023June 19, 20230

By Uditha Jayasinghe COLOMBO (Reuters) – The World Bank is likely to approve $700 million in budgetary and welfare support…

  • Asia
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JD.com sales during China shopping festival beat expectations -analysts

The Cheap InvestorJune 19, 2023June 19, 20230

By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales on JD.com’s e-commerce site during China’s mid-year shopping festival – the…

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