EconomyLatin America Brazil lifts 2023 growth outlook thanks to booming farm sector The Cheap InvestorJune 1, 2023June 1, 20230 By Marcela Ayres BRASILIA (Reuters) – Brazil’s economy rebounded more than expected in the first quarter, powered by a booming…
BusinessEconomy Bank of America CEO sees investment banking and trading staying flat in Q2 The Cheap InvestorJune 1, 2023June 1, 20230 NEW YORK (Reuters) – Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this…
BusinessEconomy Brazil posts record trade surplus in May on surging exports The Cheap InvestorJune 1, 2023June 1, 20230 BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since…
AsiaBusiness Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting The Cheap InvestorJune 1, 2023June 1, 20230 By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+…
BusinessEconomy Apple denies surveillance claims made by Russia’s FSB The Cheap InvestorJune 1, 2023June 1, 20230 (Reuters) – Apple Inc is denying claims made by Russia’s Federal Security Service (FSB) that it cooperated with American spies…
BusinessEconomy Fed should stop raising rates, at least in June -Harker The Cheap InvestorJune 1, 2023June 1, 20230 By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…
AsiaBusiness GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO The Cheap InvestorJune 1, 2023June 1, 20230 By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm…
AsiaEconomy In Moldova, Zelenskiy presses NATO bid, seeks interim guarantees The Cheap InvestorJune 1, 2023June 1, 20230 By John Irish and Andrew Gray BULBOACA, Moldova (Reuters) -President Volodymyr Zelenskiy pressed his case on Thursday for Ukraine to…
EconomyLatin America Peru’s inflation rate dips slightly in May but still above forecast The Cheap InvestorJune 1, 2023June 1, 20230 LIMA (Reuters) – Peru’s inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May,…
AsiaEconomy Pakistan central bank’s forex reserves fall $102 million to $4.09 billion in week ended May 26 The Cheap InvestorJune 1, 2023June 1, 20230 KARACHI, Pakistan (Reuters) – Pakistan’s central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt…