BusinessEconomy Fed meeting minutes to offer clues on future rate hike appetite The Cheap InvestorJuly 5, 2023July 5, 20230 By Michael S. Derby (Reuters) – Federal Reserve meeting minutes from the June policy gathering to be released on Wednesday…
BusinessEconomy China bank shares slump in Hong Kong after Goldman downgrades The Cheap InvestorJuly 5, 2023July 5, 20230 By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Chinese banking shares listed in Hong Kong tumbled on Wednesday after…
EconomyElections Argentina election race narrows as libertarian Milei loses ground – pollsters The Cheap InvestorJuly 5, 2023July 5, 20230 By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s election race is narrowing into a two-horse race, polling ahead of the…
AsiaEconomy Pakistan PM hopes for bailout approval from IMF board on July 12 The Cheap InvestorJuly 5, 2023July 5, 20230 By Asif Shahzad ISLAMABAD (Reuters) – Prime Minister Shehbaz Sharif said on Wednesday that he hoped the $3 billion short-term…
BusinessEconomy Thai headline inflation at 22-month low, but central bank may hike rate further The Cheap InvestorJuly 5, 2023July 5, 20230 By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation unexpectedly rose in June but at its…
AsiaBusiness Russia to decrease daily forex sales in coming month The Cheap InvestorJuly 5, 2023July 5, 20230 (Reuters) – Russia’s finance ministry said on Wednesday it would sell 1.7 billion roubles’ ($18.9 million) worth of foreign currency…
BusinessEconomy Euro zone consumers see lower inflation ahead – ECB poll The Cheap InvestorJuly 5, 2023July 5, 20230 FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they still…
AsiaEconomy Yellen’s China visit aims at ‘new normal’ with Beijing The Cheap InvestorJuly 5, 2023July 5, 20230 By Andrea Shalal WASHINGTON (Reuters) -Janet Yellen’s first trip to China as U.S. Treasury Secretary will focus on recalibrating ties…
BusinessEconomy EVs drive Britain’s June car sales; industry body seeks VAT cut on public charging The Cheap InvestorJuly 5, 2023July 5, 20230 (Reuters) -Britain’s new car sales jumped 25.8% year-on-year in June thanks to solid demand for electric vehicles (EV) from businesses…
BusinessEconomy UK business momentum slows in June despite falling inflation -PMI The Cheap InvestorJuly 5, 2023July 5, 20230 By David Milliken LONDON (Reuters) – Growth in Britain’s private sector slowed sharply last month, despite businesses facing lower inflation,…