BusinessEconomy Canada posts strong job gains in June, raising odds of rate hike The Cheap InvestorJuly 7, 2023July 7, 20230 By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in June, data showed…
BusinessEconomy U.S. equity funds draw inflows for second week amid inflation relief The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5,…
BusinessEconomy Fed interest-rate hike seen a lock for July The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) -The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders bet…
BusinessEconomy Instant View: June US jobs growth cooled, but wages won’t comfort Fed The Cheap InvestorJuly 7, 2023July 7, 20230 NEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but…
BusinessEconomy Global investors extend buying streak into equity funds on signs of easing inflation The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from…
BusinessCentral America Mexican inflation continues downward trend in June The Cheap InvestorJuly 7, 2023July 7, 20230 MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from…
AsiaBusiness China fines Ant 7.1 billion yuan The Cheap InvestorJuly 7, 2023July 7, 20230 BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group….
BusinessEconomy Continental to phase out activities at Gifhorn plant by end of 2027 The Cheap InvestorJuly 7, 2023July 7, 20230 BERLIN (Reuters) -Continental said on Friday it planned to phase out business activities at its Gifhorn plant by the end…
BusinessEconomy Investors focused on June US jobs data after yields spike The Cheap InvestorJuly 7, 2023July 7, 20230 By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are on edge ahead of Friday’s U.S. jobs report after more evidence…
BusinessEconomy Cash assets under management reach ‘monster $7.8tn’ – BofA The Cheap InvestorJuly 7, 2023July 7, 20230 By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with…