AsiaAustralia New Zealand’s hot migration risks fanning inflation, forcing rates even higher The Cheap InvestorMay 7, 2023May 7, 20230 By Lucy Craymer WELLINGTON (Reuters) -Gastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie,…
AfricaEconomy Turkey’s Erdogan doesn’t flinch in fight for political life The Cheap InvestorMay 7, 2023May 7, 20230 By Orhan Coskun and Birsen Altayli ANKARA (Reuters) – With his two-decade rule in the balance, Turkish President Tayyip Erdogan…
EconomyPolitics Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt The Cheap InvestorMay 7, 2023May 7, 20230 By Tyler Clifford and John Kruzel WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday issued a stark warning that…
AsiaEconomy Japan’s PM tells South Koreans his ‘heart hurts’ over pain caused by occupation The Cheap InvestorMay 7, 2023May 7, 20230 By Choonsik Yoo, Hyonhee Shin and Sakura Murakami SEOUL/TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida told South Koreans on Sunday…
BusinessEconomy Bank buyers expect sweeteners as US government sets new bar The Cheap InvestorMay 7, 2023May 7, 20230 By Saeed Azhar, David French and Tatiana Bautzer NEW YORK (Reuters) -The government-brokered purchases of First Republic, Signature and Silicon…
BusinessEconomy Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activities The Cheap InvestorMay 7, 2023May 7, 20230 DUBAI (Reuters) -Saudi Arabia’s economy grew by 3.9% year-on-year in the first quarter of 2023, according to initial government estimates…
AsiaBusiness China forex reserves rise to $3.205 trln in April The Cheap InvestorMay 6, 2023May 6, 20230 BEIJING (Reuters) – China’s foreign exchange reserves rose more than expected in April, official data showed on Sunday, as the…
BusinessEconomy Warren Buffett faults handling of bank failures, upbeat on U.S., Berkshire The Cheap InvestorMay 6, 2023May 6, 20230 By Jonathan Stempel, Carolina Mandl and John McCrank OMAHA/NEW YORK (Reuters) – Warren Buffett on Saturday criticized the handling of…
BusinessEconomy Buffett’s Berkshire posts $35.5 billion profit, buys back more stock The Cheap InvestorMay 6, 2023May 6, 20230 By Jonathan Stempel OMAHA, Nebraska (Reuters) – Warren Buffett’s Berkshire Hathaway Inc posted a $35.5 billion first-quarter profit on Saturday,…
BusinessEconomy Warren Buffett says Berkshire not planning to buy Occidental Petroleum The Cheap InvestorMay 6, 2023May 6, 20230 By Jonathan Stempel and Carolina Mandl OMAHA, Nebraska (Reuters) – Warren Buffett said on Saturday that Berkshire Hathaway Inc is…