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The Cheap Investor

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Startup e-commerce platform Temu expands to Japan

The Cheap InvestorJuly 6, 2023July 6, 20230

SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to Japan, marking its first…

  • Asia
  • Europe

Russia: US access to detained reporter Gershkovich on reciprocal basis

The Cheap InvestorJuly 6, 2023July 6, 20230

(Reuters) – Russia will allow the U.S. ambassador to Moscow to visit detained Wall Street Journal reporter Evan Gershkovich “on…

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Order limiting Biden officials’ social media outreach on shaky legal ground, experts say

The Cheap InvestorJuly 6, 2023July 6, 20230

By Brendan Pierson and Andrew Goudsward (Reuters) – A federal judge’s order restricting Biden administration officials from contacting social media…

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  • 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….

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Samsung profit likely lowest in more than 14 years as chip glut persists

The Cheap InvestorJuly 6, 2023July 6, 20230

By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is expected to plunge 96% on-year to the lowest for any…

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TikTok asks US judge to block Montana ban before Jan. 1 effective date

The Cheap InvestorJuly 6, 2023July 6, 20230

By David Shepardson WASHINGTON (Reuters) -TikTok Inc on Wednesday asked a U.S. judge to block enforcement of a Montana state…

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China’s chipmaking export curbs ‘just a start’, Beijing adviser warns before Yellen visit

The Cheap InvestorJuly 5, 2023July 5, 20230

BEIJING/SHANGHAI (Reuters) -China’s export controls on metals used in semiconductors are “just a start”, an influential Chinese trade policy adviser…

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Biden administration appeals ban on social media contacts

The Cheap InvestorJuly 5, 2023July 5, 20230

By Tyler Clifford and Sharon Bernstein (Reuters) – The Biden administration on Wednesday appealed a federal judge’s ruling restricting some…

  • Asia
  • Australia

Australian broker Openmarkets fined $3 million for ‘market integrity’ violations

The Cheap InvestorJuly 5, 20230

(Reuters) – Openmarkets Australia Ltd was fined a record A$4.5 million ($2.99 million) after a panel found the retail broker…

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  • Technology

CFTC investigators conclude Celsius, ex-CEO broke rules – Bloomberg News

The Cheap InvestorJuly 5, 2023July 5, 20230

(Reuters) -Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky…

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