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Economy

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Binance, US affiliate hit by net outflows of $1.43b since SEC lawsuit, data shows

The Cheap InvestorJune 6, 2023June 6, 20230

By Tom Wilson, Rae Wee and Hannah Lang (Reuters) -Investors have pulled around $1.43 billion from the crypto exchange Binance…

  • Business
  • Economy

Oil prices ease as economic fears overshadow Saudi output cut

The Cheap InvestorJune 6, 2023June 6, 20230

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Tuesday as worries that sluggish global economic growth…

  • Business
  • Canada

Canada’s Ivey PMI falls to three-month low in May

The Cheap InvestorJune 6, 2023June 6, 20230

TORONTO (Reuters) – Canadian economic activity expanded in May at the slowest pace in three months, Ivey Purchasing Managers Index…

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  • Economy

Citadel portfolios post gains in May -investor

The Cheap InvestorJune 6, 2023June 6, 20230

NEW YORK (Reuters) – U.S. hedge fund Citadel’s flagship portfolio posted a 6.14% return in the first five months of…

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  • Economy

US bond giant PIMCO sees chance to expand lending after banking turmoil

The Cheap InvestorJune 6, 2023June 6, 20230

By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for…

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  • Australia

Stocks edge up as Aussie hike provides rates reminder

The Cheap InvestorJune 6, 2023June 6, 20230

By Marc Jones and Koh Gui Qing LONDON/NEW YORK (Reuters) – World shares edged higher on Tuesday as investors mulled…

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  • Economy

Russian budget deficit narrows to $42 billion after May surplus

The Cheap InvestorJune 6, 2023June 6, 20230

By Darya Korsunskaya and Alexander Marrow (Reuters) -Russia recorded a marginal budget surplus in May, enabling it to slightly reduce…

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JPMorgan’s Jamie Dimon says he won’t seek office as he meets with US House Democrats

The Cheap InvestorJune 6, 2023June 6, 20230

By Moira Warburton WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he was…

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Pharma giant Novo Nordisk lifts European shares

The Cheap InvestorJune 6, 2023June 6, 20230

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European main share indices rose on Tuesday, supported by a jump in…

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Brazil’s cenbank did not participate in govt’s consumer debt renegotiation program design

The Cheap InvestorJune 6, 2023June 6, 20230

BRASILIA (Reuters) – Brazil’s central bank abstained from involvement in developing the government’s comprehensive consumer debt renegotiation program unveiled on…

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