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Economy

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Mercedes to extend CEO Kallenius’ contract – Handelsblatt

The Cheap InvestorJuly 6, 2023July 6, 20230

BERLIN (Reuters) – Mercedes-Benz wants to extend Chief Executive Ola Kallenius’ contract, keeping the 54-year-old at the helm of the…

  • Economy
  • Middle 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…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

  • Asia
  • Business

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…

  • Asia
  • Business

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…

  • Business
  • Economy

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….

  • Asia
  • Business

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…

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