AsiaBusiness Intel facility is largest greenfield investment in Poland, PM says The Cheap InvestorJune 16, 2023June 16, 20230 WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western Poland, will the…
BusinessEconomy Germany has support of many states on debt rules – Finance Minister The Cheap InvestorJune 16, 2023June 16, 20230 (Reuters) -German Finance Minister Christian Lindner said there were many member states that share Germany’s position on reforms to the…
BusinessEconomy Global banks raise forecast to 4% peak for key ECB rate The Cheap InvestorJune 16, 2023June 16, 20230 (Reuters) -Major global investment banks lifted their terminal rate forecast for the European Central Bank to 4% in September, after…
AsiaEconomy Quotes: BOJ Governor Ueda’s comments at news conference The Cheap InvestorJune 16, 2023June 16, 20230 (Reuters) – The Bank of Japan (BOJ) maintained ultra-easy monetary policy on Friday despite stronger-than-expected inflation, signalling it will remain…
AsiaEconomy Analysis-Japan hopes to shore up Philippines’ defence amid Taiwan conflict fears The Cheap InvestorJune 16, 2023June 16, 20230 By Tim Kelly, Sakura Murakami and Yukiko Toyoda TOKYO (Reuters) -Japan is preparing military aid for the Philippines to help…
BusinessEconomy Euro zone needs still higher ECB rates, tighter fiscal policy -IMF The Cheap InvestorJune 16, 2023June 16, 20230 By Jan Strupczewski BRUSSELS (Reuters) – The European Central Bank should continue to raise rates to bring down inflation and…
AsiaBusiness Volkswagen to face investor grilling on China, costs at capital markets day The Cheap InvestorJune 16, 2023June 16, 20230 By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day…
AsiaBusiness Nikkei clinches fresh three-decade high as BOJ stands pat The Cheap InvestorJune 16, 2023June 16, 20230 (Reuters) – Japan’s Nikkei notched a fresh three-decade high and its 10th consecutive weekly gain on Friday, as investors cheered…
EconomyEurope U.S. lawmakers hope Ukraine can fight Russia with Russian assets The Cheap InvestorJune 16, 2023June 16, 20230 By Patricia Zengerle WASHINGTON (Reuters) – Republican and Democratic members of the U.S. Congress introduced legislation on Thursday that would…
BusinessEconomy Bundesbank sees German economy shrinking this year The Cheap InvestorJune 16, 2023June 16, 20230 FRANKFURT (Reuters) – The German economy, Europe’s biggest, will shrink this year and inflation will stay above 2% at least…