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Economy

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China June new bank loans jump more than expected on policy support

The Cheap InvestorJuly 11, 2023July 11, 20230

By Qiaoyi Li and Kevin Yao BEIJING (Reuters) -China’s new bank loans jumped more than expected in June from the…

  • Business
  • Economy

Factbox-Five things to watch out for in US bank earnings

The Cheap InvestorJuly 11, 2023July 11, 20230

(Reuters) – U.S. banking giants are scheduled to report second-quarter results starting this week as the industry tries to move…

  • Business
  • Economy

Deutsche Bank expects 50-bps Bank of England August rate hike

The Cheap InvestorJuly 11, 2023July 11, 20230

LONDON (Reuters) – Deutsche Bank said on Tuesday it now expects the Bank of England to raise interest rates by…

  • Business
  • Economy

Nuclear startup Oklo to go public in US via Sam Altman’s SPAC

The Cheap InvestorJuly 11, 20230

(Reuters) – Sam Altman-backed Oklo has agreed to go public in the United States through a merger with his blank…

  • Asia
  • Business

Volkswagen faces fresh investor doubts on independence of planned Xinjiang audit

The Cheap InvestorJuly 11, 2023July 11, 20230

By Victoria Waldersee and Jan Schwartz BERLIN/HAMBURG (Reuters) – Volkswagen was challenged by an investor association on Tuesday about the…

  • Business
  • Economy

EU looks to take lead in metaverse world, avoid Big Tech dominance

The Cheap InvestorJuly 11, 2023July 11, 20230

By Foo Yun Chee BRUSSELS (Reuters) – The European Commission on Tuesday set out a plan in a bid to…

  • Business
  • Economy

Google-backed Anthropic startup upgrades its Claude AI, better at coding

The Cheap InvestorJuly 11, 2023July 11, 20230

By Jeffrey Dastin and Stephen Nellis (Reuters) – Anthropic, an artificial intelligence startup backed by Google, on Tuesday widened consumer…

  • Asia
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Global PC shipments decline eases in Q2, Apple outperforms on MacBook Air demand – Canalys

The Cheap InvestorJuly 11, 2023July 11, 20230

(Reuters) – The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with…

  • Economy
  • Latin America

Brazil’s Lula expects Senate to pass tax reform by year-end

The Cheap InvestorJuly 11, 2023July 11, 20230

SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday he expects the Senate to pass by…

  • Business
  • Economy

Fed’s Williams says central bank is not done with rate rises – FT

The Cheap InvestorJuly 11, 2023July 11, 20230

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said the central…

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