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US’s Yellen lands in China, hopes to thaw icy relations

The Cheap InvestorJuly 6, 2023July 6, 20230

By Andrea Shalal and Yew Lun Tian BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday began a four-day visit…

  • Asia
  • Australia

Marketmind: Markets buckle under US rates, China blues

The Cheap InvestorJuly 6, 2023July 6, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….

  • Business
  • Economy

Meta takes aim at Twitter with Threads app, millions join

The Cheap InvestorJuly 6, 2023July 6, 20230

(Corrects grammar in first paragraph) By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to…

  • Business
  • Economy

Fed lending to banks eases a bit in latest week

The Cheap InvestorJuly 6, 2023July 6, 20230

NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said….

  • Business
  • Economy

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

The Cheap InvestorJuly 6, 2023July 6, 20230

By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Booking Holdings will on Friday try to convince European Union…

  • Business
  • Economy

Market surveys show Wall Street expected less hawkish Fed outlook

The Cheap InvestorJuly 6, 2023July 6, 20230

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve forecasts released at the June monetary policy meeting laid out…

  • Asia
  • Australia

Dollar eases after strong labor market reports

The Cheap InvestorJuly 6, 2023July 6, 20230

By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S….

  • Business
  • Economy

U.S. mortgage rates rise to 6.81%, highest level this year -Freddie Mac

The Cheap InvestorJuly 6, 2023July 6, 20230

NEW YORK (Reuters) – U.S. 30-year mortgage rates rose to an average of 6.81% this week, the highest level of…

  • Business
  • Economy

Meta’s Threads swiftly signs up 30 million users, in clear threat to Musk-owned Twitter

The Cheap InvestorJuly 6, 2023July 6, 20230

By Aditya Soni (Reuters) -Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch,…

  • Business
  • Economy

Oil near flat as tighter supplies offset U.S. rate hike risk

The Cheap InvestorJuly 6, 2023July 6, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil prices were near flat on Thursday as the market weighed tighter U.S. crude…

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