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Fed’s Logan: Discount Window Operations Need To Keep Pace With Speed Of Banking

The Cheap InvestorMay 23, 20230

RICHMOND, Virginia (Reuters) – U.S. banks should be prepared to borrow regularly from the Federal Reserve’s discount window, while the…

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  • Reuters

China Plans For ‘Jing-Jin-Ji’ World-class Industrial Cluster

The Cheap InvestorMay 23, 20230

BEIJING (Reuters) – China plans to build world-class advanced factory clusters in the Beijing-Tianjin-Hebei region focused on products such as…

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  • Reuters

Lowe’s Reinforces Wavering Home Improvement Demand With Forecast Cuts

The Cheap InvestorMay 23, 20230

By Deborah Mary Sophia (Reuters) -Lowe’s Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival…

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  • Reuters

Alibaba’s Cloud Unit To Cut 7% Of Staff – Bloomberg News

The Cheap InvestorMay 23, 20230

(Reuters) – Alibaba Group Holding Ltd’s cloud unit has started a round of job cuts that could slash its staff…

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  • Reuters

Chinese Money Pours Into Japan-focused Funds, Triggering Risk Warnings

The Cheap InvestorMay 23, 20230

SHANGHAI (Reuters) – Chinese money is pouring into Japan-focused stock funds as the Nikkei hits 33-year highs, triggering repeated warnings…

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Judge Throws Out Shareholder Lawsuit Against Elon Musk Over Twitter Buyout

The Cheap InvestorMay 23, 20230

By Jonathan Stempel (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter…

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Austria’s Raiffeisen Attempts Last-ditch Russian Spin-off -sources

The Cheap InvestorMay 23, 20230

By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA/FRANKFURT (Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its…

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Dollar Scales 6-month Peak Against Yen On US Rate Expectations

The Cheap InvestorMay 23, 20230

By Rae Wee SINGAPORE (Reuters) – The dollar touched a six-month high against the yen on Tuesday as expectations grew…

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Watchdog Proposes First Set Of Global Rules For Crypto Sector

The Cheap InvestorMay 23, 20230

By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and…

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Asian Stocks Notch Two-week Peak As Focus Turns To PMIs

The Cheap InvestorMay 22, 20230

SINGAPORE (Reuters) – Asian stocks crept to two-week highs in cautious trade Tuesday, helped by hints of progress toward avoiding…

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