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China may cut rates further in H2, government researcher says

The Cheap InvestorJune 5, 2023June 6, 20230

BEIJING (Reuters) – China will likely further cut banks’ reserve ratio and interest rates in the second half of this…

  • Asia
  • Economy

Bank of Korea: less desirable to increase gold holdings at this point

The Cheap InvestorJune 5, 2023June 6, 20230

SEOUL (Reuters) – The Bank of Korea (BOK) assesses it is more desirable to maintain its dollar liquidity than to…

  • Asia
  • Central America

Honduran president headed to China in first trip after ties established

The Cheap InvestorJune 5, 2023June 6, 20230

TEGUCIGALPA (Reuters) – Honduran President Xiomara Castro is set to travel this week to China, her foreign minister said on…

  • Asia
  • Australia

Bourse operator ASX on track for worst day in 11 years on higher cost outlook

The Cheap InvestorJune 5, 2023June 5, 20230

By Navya Mittal (Reuters) – ASX Ltd lifted its capital expenditure outlook for fiscal 2024 on Tuesday, sending shares of…

  • Business
  • Central America

Mexico’s Telmex reaches pay rise agreement with union, ministry says

The Cheap InvestorJune 5, 2023June 5, 20230

MEXICO CITY (Reuters) – Mexican telecom Telmex, a subsidiary of America Movil, has reached a deal with a workers’ union…

  • Asia
  • Australia

Commonwealth Bank of Australia removes international money transfer fee

The Cheap InvestorJune 5, 2023June 5, 20230

(Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, said on Tuesday it was removing transaction fees for its…

  • Asia
  • Australia

Australia’s current account surplus widens in Q1, small drag on GDP

The Cheap InvestorJune 5, 2023June 5, 20230

By Stella Qiu SYDNEY (Reuters) – Australia’s current account surplus widened in the March quarter, helped by strong exports of…

  • Business
  • Economy

Retailers battle for uncertain back-to-school demand after ‘volatile’ quarter

The Cheap InvestorJune 5, 2023June 5, 20230

By Katherine Masters NEW YORK (Reuters) – Stocking shelves with low-priced notebooks and slashing prices on sneakers and uniforms, major…

  • Asia
  • Economy

Japan wages rise after labour talks but weak consumption drags on economy

The Cheap InvestorJune 5, 2023June 5, 20230

By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s wages rose in April as major companies lifted pay at…

  • Business
  • Economy

About ducking time: Apple to tweak iPhone autocorrect function

The Cheap InvestorJune 5, 2023June 5, 20230

(Reuters) – One of the most notable happenings at Apple’s event for developers on Monday is likely the iPhone maker’s…

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