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RBA to hike cash rate once more to 4.35% this year: Reuters poll

The Cheap InvestorJune 7, 2023June 7, 20230

By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of Australia (RBA) will hike its key interest rate once more…

  • Business
  • Economy

S&P 500, Nasdaq close lower as traders cash in on latest megacap rally

The Cheap InvestorJune 7, 2023June 7, 20230

By Shubham Batra, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 and Nasdaq closed in negative territory…

  • Business
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Coinbase CEO hits back at SEC chair after lawsuit, says user funds are safe

The Cheap InvestorJune 7, 2023June 7, 20230

By Hannah Lang, Manya Saini and Niket Nishant (Reuters) -Coinbase Chief Executive Brian Armstrong on Wednesday hit back at U.S….

  • Asia
  • Australia

Marketmind: Indian rates, Japan GDP in the spotlight

The Cheap InvestorJune 7, 2023June 7, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An interest rate…

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  • Economy

Ryanair settles U.S. shareholder lawsuit over unionization comments

The Cheap InvestorJune 7, 2023June 7, 20230

By Jonathan Stempel (Reuters) – Ryanair Holdings Plc and longtime Chief Executive Michael O’Leary reached a $5 million settlement of…

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  • Economy

Nikola adjourns meeting to garner more support for share proposal

The Cheap InvestorJune 7, 2023June 7, 20230

SAN FRANCISCO (Reuters) – Nikola adjourned its shareholder meeting on Wednesday after failing to garner enough support for a proposal…

  • Asia
  • Business

Bank failures, ‘hard landing’ still top-of-mind for hedge funds

The Cheap InvestorJune 7, 2023June 7, 20230

By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) -Big U.S. hedge fund and family office investors on Wednesday cautioned…

  • Asia
  • Australia

Shares recoil from 13-mth high, Turkey’s lira hits record low

The Cheap InvestorJune 7, 2023June 7, 20230

By Samuel Indyk and Koh Gui Qing LONDON (Reuters) -Global stocks retreated from a 13-month high on Wednesday and the…

  • Asia
  • Economy

US takes aim at China over Latin America trade tactics and fentanyl role

The Cheap InvestorJune 7, 2023June 7, 20230

By Matt Spetalnick and Patricia Zengerle WASHINGTON (Reuters) – Senior U.S. policy makers took aim at China on Wednesday over…

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New 787 issue could slow delivery of 90 jets in Boeing’s inventory

The Cheap InvestorJune 7, 2023June 7, 20230

By Valerie Insinna and David Shepardson WASHINGTON (Reuters) -Boeing said on Tuesday it could be forced to slow deliveries of…

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