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Trauma of Japan’s deflation battle keeps BOJ wary of policy shift

The Cheap InvestorJune 8, 2023June 8, 20230

By Leika Kihara TOKYO (Reuters) -Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s…

  • Asia
  • Business

Taiwan’s Acer ships computer hardware to Russia after saying it would suspend business -data

The Cheap InvestorJune 8, 2023June 8, 20230

By Filipp Lebedev and Gleb Stolyarov (Reuters) -Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware…

  • Economy
  • Elections

Brazil Lula’s central bank nominees to sit out next rate decision

The Cheap InvestorJune 8, 2023June 8, 20230

BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s first nominees for top positions in Brazil’s central bank will not…

  • Business
  • Economy

Wall Street ends up amid record low volatility ahead of eventful week

The Cheap InvestorJune 8, 2023June 8, 20230

By Shristi Achar A and David Carnevali (Reuters) – U.S. stocks closed higher on Thursday regaining some of their momentum…

  • Business
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Bank of Canada hiked rates over alarm at household spending, stubborn inflation

The Cheap InvestorJune 8, 2023June 8, 20230

By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada lifted rates after a four-month pause because…

  • Asia
  • Australia

Marketmind: China inflation could spoil the weekend party

The Cheap InvestorJune 8, 2023June 8, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A big dollar…

  • Business
  • Economy

Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice

The Cheap InvestorJune 8, 2023June 8, 20230

By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities…

  • Business
  • Economy

GameStop shares plummet after fifth CEO exit in 5 years

The Cheap InvestorJune 8, 2023June 8, 20230

By Akash Sriram (Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years…

  • Business
  • Economy

Meta previews generative AI tools planned for its platforms

The Cheap InvestorJune 8, 2023June 8, 20230

NEW YORK (Reuters) -Facebook owner Meta Platforms on Thursday gave employees a sneak peek at a series of AI tools…

  • Business
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Novartis’ Sandoz wagers its standalone future on biosimilar success

The Cheap InvestorJune 8, 2023June 8, 20230

By Natalie Grover LONDON (Reuters) – Novartis’ soon-to-be spun off generics division Sandoz is betting on biosimilars, copies of high-priced…

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