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Analysis-Strong economy puts Bank of Canada’s 4-month rate hike pause in doubt

The Cheap InvestorJune 5, 2023June 5, 20230

By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) became the first major global central bank to pause…

  • Asia
  • Business

Marketmind: Jobs glow, crude pops, dollar lifts

The Cheap InvestorJune 5, 2023June 5, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan World markets retained a warm afterglow…

  • Economy
  • Europe

Turkish lira slips, stocks, bonds gain after Simsek appointment

The Cheap InvestorJune 5, 2023June 5, 20230

By Canan Sevgili (Reuters) -Turkey’s lira extended recent losses, weakening more than 1% against the dollar on Monday, while stocks…

  • Economy
  • Latin America

Founder of Brazil’s CVC to invest $15 million, new CEO picked

The Cheap InvestorJune 5, 2023June 5, 20230

SAO PAULO (Reuters) – Brazilian travel operator CVC said on Friday it has reached an agreement with its founder for…

  • Asia
  • Business

China’s fiscal condition healthy, but local govts see high debt risks – Xinhua

The Cheap InvestorJune 5, 2023June 5, 20230

BEIJING (Reuters) – China’s fiscal status overall is sound and safe, but some local governments are facing high debt risks…

  • Asia
  • Business

Kremlin: OPEC+ important to global energy market stability

The Cheap InvestorJune 5, 2023June 5, 20230

MOSCOW (Reuters) – OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin…

  • Asia
  • Economy

Turkey inflation dips to 39.6% on relief from free gas

The Cheap InvestorJune 5, 2023June 5, 20230

ISTANBUL (Reuters) – Turkish annual inflation fell to 39.59% in May, official data showed on Monday, broadly in line with…

  • Asia
  • Business

Volvo Cars sales up 31% in May as it recovers from past years

The Cheap InvestorJune 5, 2023June 5, 20230

HELSINKI (Reuters) – Sweden-based Volvo Cars on Monday posted a 31% rise in sales in May compared with a year…

  • Business
  • Economy

Eurozone investor mood darkens due to ‘problem child’ Germany, survey finds

The Cheap InvestorJune 5, 2023June 5, 20230

BERLIN (Reuters) – Investors got more gloomy on prospects for the euro zone economy in June, dragged down by negative…

  • Business
  • Economy

Euro zone business growth slowed in May as factories struggled-PMI

The Cheap InvestorJune 5, 2023June 5, 20230

LONDON (Reuters) – Euro zone business activity was shored up last month by the bloc’s dominant services industry offsetting a…

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