AsiaAustralia PwC Australia names dozens of staff involved in government tax plan leak The Cheap InvestorJune 5, 2023June 5, 20230 By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday named at least 67 current and former staff involved…
AsiaBusiness Take Five: Almost half-time The Cheap InvestorJune 5, 2023June 5, 20230 (Reuters) -The hefty weight of tech megacaps, a suspense-packed OPEC meeting at the weekend and more pain for consumers and…
BusinessEconomy Russian services activity rises for fourth month running in May -PMI The Cheap InvestorJune 5, 2023June 5, 20230 (Reuters) – Activity across Russia’s services sector expanded in May, spurred by another rise in new business and renewed strength…
BusinessEconomy Novo Nordisk in talks buy controlling stake in Biocorp The Cheap InvestorJune 5, 2023June 5, 20230 (Reuters) – Danish drug developer Novo Nordisk said on Monday it had started talks to buy a controlling stake in…
BusinessEconomy Goldman Sachs Asset Management makes $600 million bid for Norway’s Froy The Cheap InvestorJune 5, 2023June 5, 20230 OSLO (Reuters) – Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy…
BusinessEconomy Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75% The Cheap InvestorJune 5, 2023June 5, 20230 PARIS (Reuters) – U.S. investment bank Morgan Stanley said on Monday that it expected the European Central Bank (ECB) to…
AsiaEconomy Indonesia inflation eases to central bank target sooner than expected The Cheap InvestorJune 5, 2023June 5, 20230 By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s annual inflation rate eased to 4% in May, matching the…
AsiaBusiness Analysis – Dollar bears bide their time as U.S. economic strength persists The Cheap InvestorJune 5, 2023June 5, 20230 By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy is giving an unexpected boost to the dollar,…
BusinessEconomy Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue The Cheap InvestorJune 5, 2023June 5, 20230 ZURICH(Reuters) – UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis,…
BusinessEconomy Marketmind: Hawkish pause for thought? The Cheap InvestorJune 5, 2023June 5, 20230 A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates…