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Economy

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Siemens to spend $2.2 billion to ramp up global production

The Cheap InvestorJune 15, 2023June 15, 20230

By John Revill and Fanny Potkin SINGAPORE/ZURICH (Reuters) -Siemens will spend 2 billion euros ($2.2 billion) on a new global…

  • Business
  • Economy

Hugo Boss shrugs off weaker U.S. sentiment

The Cheap InvestorJune 15, 2023June 15, 20230

By Linda Pasquini (Reuters) -German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand…

  • Business
  • Economy

Analysis-Soaring UK bond yields don’t herald repeat of ‘mini-budget’ chaos

The Cheap InvestorJune 15, 2023June 15, 20230

By Yoruk Bahceli and David Milliken LONDON (Reuters) – Britain’s government bond market has seen its heaviest sell-off since last…

  • Asia
  • Business

Bears retreat on Asian FX, but ringgit and yuan stuck in tight grip: Reuters poll

The Cheap InvestorJune 15, 2023June 15, 20230

By Sameer Manekar (Reuters) – Investors cut back short bets on emerging Asian currencies as most local central banks maintained…

  • Business
  • Economy

Analysis – Investors on guard for market stress as Fed signals more hikes ahead

The Cheap InvestorJune 15, 2023June 15, 20230

By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust…

  • Business
  • Economy

Marketmind: The ECB won’t throw a curve ball

The Cheap InvestorJune 15, 2023June 15, 20230

A look at the day ahead in European and global markets from Vidya Ranganathan After a slight jolt overnight from…

  • Asia
  • Economy

Japan will stop yen decline beyond USD/JPY 145, most economists say: Reuters poll

The Cheap InvestorJune 15, 2023June 15, 20230

By Satoshi Sugiyama TOKYO (Reuters) – Japan’s government and central bank will act to stop the yen’s decline if it…

  • Asia
  • Australia

Australia’s strong May employment leaves RBA little breathing room

The Cheap InvestorJune 15, 2023June 15, 20230

By Stella Qiu SYDNEY (Reuters) -Australian employment blew past expectations in May, while the jobless rate edged lower and participation…

  • Asia
  • Business

China pushes platform firms to protect consumer, vendor rights

The Cheap InvestorJune 14, 2023June 15, 20230

BEIJING (Reuters) – China’s market regulator on Thursday announced a five-month campaign that will ensure platform companies optimise their protocols,…

  • Asia
  • Business

China’s May factory output, retail sales growth miss expectations

The Cheap InvestorJune 14, 2023June 15, 20230

BEIJING (Reuters) – China’s industrial output rose 3.5% in May from a year earlier, official data showed on Thursday, slightly…

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