HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…