EconomyMiddle East Bank of Israel seen pausing next week, unclear if rate hike cycle over: Reuters poll The Cheap InvestorJuly 6, 2023July 6, 20230 By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged next week after…
AsiaBusiness Sri Lanka slashes rates as expected after IMF rescue, more easing seen soon The Cheap InvestorJuly 6, 2023July 6, 20230 By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka cut its key interest rates for the second straight month…
BusinessEconomy Argentina to push July IMF debt payments to month-end -source The Cheap InvestorJuly 6, 2023July 6, 20230 BUENOS AIRES (Reuters) – Argentina will push loan repayments due to the International Monetary Fund (IMF) in July to the…
AsiaBusiness Marketmind: Markets labor on China, three jobs gauges The Cheap InvestorJuly 6, 2023July 6, 20230 A look at the day ahead in U.S. and global markets from Mike Dolan World markets have taken a hit…
BusinessEconomy ECB backs draft EU rules for winding down smaller banks The Cheap InvestorJuly 6, 2023July 6, 20230 FRANKFURT (Reuters) – The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when…
AsiaBusiness Indian rupee rangebound in near term, to rise a bit in a year: Reuters poll The Cheap InvestorJuly 6, 2023July 6, 20230 By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The rupee will hold on to its recent gains against the…
AsiaBusiness Beijing’s curbs on niche metal exports threaten China supply glut The Cheap InvestorJuly 6, 2023July 6, 20230 BEIJING (Reuters) – China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing…
BusinessEconomy Bitcoin hits 13-month high The Cheap InvestorJuly 6, 2023July 6, 20230 LONDON (Reuters) – Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500….
AsiaBusiness Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens The Cheap InvestorJuly 6, 2023July 6, 20230 SHANGHAI/HONG KONG (Reuters) – Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a…
BusinessEconomy Euro zone retail sales flat in May, still down year-on-year The Cheap InvestorJuly 6, 2023July 6, 20230 BRUSSELS (Reuters) – Retail sales in the euro zone were unchanged in May, Eurostat said on Thursday, as increased spending…