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UK’s payments regulator lays down mandatory reimbursements in APP fraud victims

The Cheap InvestorJune 7, 2023June 7, 20230

(Reuters) -Britain’s Payment Systems Regulator (PSR) said on Wednesday it has made it mandatory for banks and payment firms to…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Asia
  • Business

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…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

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