BusinessEconomy Russia’s VTB to raise $1.2 billion from SPO in capital top-up The Cheap InvestorJune 7, 2023June 7, 20230 By Elena Fabrichnaya MOSCOW (Reuters) – Russia’s No. 2 lender VTB expects to raise 94 billion roubles ($1.15 billion) in…
BusinessEconomy ECB rate hikes make take longer than usual to feed through: Schnabel The Cheap InvestorJune 7, 2023June 7, 20230 FRANKFURT (Reuters) – European Central Bank interest rate hikes could take longer than usual to pass through to the real…
AsiaBusiness Goldman Sachs to start trading Japan power futures – sources The Cheap InvestorJune 7, 2023June 7, 20230 TOKYO (Reuters) -Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people…
BusinessEconomy France’s Atos sees sales at loss-making unit bottoming out in 2024 The Cheap InvestorJune 7, 2023June 7, 20230 By Mathieu Rosemain PARIS (Reuters) -Atos, the struggling French IT consulting firm planning to split into two listed entities, said…
BusinessEconomy Japan central bank’s ETF holdings under scrutiny as govt seeks revenue The Cheap InvestorJune 7, 2023June 7, 20230 By Leika Kihara TOKYO (Reuters) -Japan’s finance minister said on Wednesday the government must look into whether it can buy…
Economy Australia central bank steps up warning of more rate hikes even as growth slumps The Cheap InvestorJune 7, 2023June 7, 20230 By Stella Qiu SYDNEY (Reuters) -Australia’s central bank chief on Wednesday stepped up a warning of more rate hikes ahead…
AsiaBusiness Indonesia’s delayed China-funded rail project beset by fresh problems The Cheap InvestorJune 7, 2023June 7, 20230 By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s transport ministry and three consultants have pushed back on a China-funded consortium’s plan…
AsiaBusiness Shanghai court freezes $278 million worth of shares in Wanda Commercial The Cheap InvestorJune 7, 2023June 7, 20230 HONG KONG (Reuters) – A Shanghai court has ordered the freezing of 1.98 billion yuan ($278.18 million) worth of shares…
BusinessEconomy Marketmind: China disappoints again, fanning speculation on stimulus The Cheap InvestorJune 7, 2023June 7, 20230 A look at the day ahead in European and global markets from Sonali Desai China’s keenly awaited trade data for…
BusinessEconomy Global airlines say more work needed on gender diversity goals The Cheap InvestorJune 7, 2023June 7, 20230 By Joanna Plucinska ISTANBUL (Reuters) – Despite progress in improving gender diversity in the aviation sector, equality is still a…