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Bank of England hikes interest rates but resists bolder move

The Cheap InvestorJune 16, 2022June 17, 20220

LONDON (AP) — The Bank of England raised interest rates by a quarter-percentage point Thursday, shrugging off pressure for a…

Shares Fall As Surprise Swiss Rate Hike Adds To Policy Angst
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Shares Fall As Surprise Swiss Rate Hike Adds To Policy Angst

The Cheap InvestorJune 16, 20220

By Danilo Masoni and Andrew Galbraith MILAN/SHANGHAI (Reuters) – World stocks fell on Thursday and the dollar regained its footing…

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Russian sanctions hurting small Italian fashion producers

The Cheap InvestorJune 16, 2022June 16, 20220

BRESCIA, Italy (AP) — Fine Italian knitwear packed in boxes addressed to retailers in Moscow, St. Petersburg and Kursk sit…

EU May Fall Behind Digital Decade Goals, Report Warns
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EU May Fall Behind Digital Decade Goals, Report Warns

The Cheap InvestorJune 16, 20220

By Supantha Mukherjee STOCKHOLM (Reuters) – The European Union risks falling behind its Digital Decade goals by 10 years unless…

Tesla Hikes U.S. Prices Across Car Models
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Tesla Hikes U.S. Prices Across Car Models

The Cheap InvestorJune 16, 20220

(Reuters) – Tesla Inc raised prices for all its car models in the United States, its latest price hike amid…

Oil Prices Recover On Tight Supplies, Firm Demand Outlook
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Oil Prices Recover On Tight Supplies, Firm Demand Outlook

The Cheap InvestorJune 16, 20220

By Florence Tan SINGAPORE (Reuters) -Oil prices recovered on Thursday from a steep drop in the previous session, supported by…

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Asian stocks follow Wall St lower on economy fears

The Cheap InvestorJune 16, 2022June 17, 20220

BEIJING (AP) — Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will…

Norway Wealth Fund Puts Malaysia's Supermax Corp Under Observation
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Norway Wealth Fund Puts Malaysia’s Supermax Corp Under Observation

The Cheap InvestorJune 16, 20220

OSLO (Reuters) -Norway’s $1.2 trillion wealth fund put Malaysia’s Supermax Corp under observation for two years on Wednesday, citing unacceptable…

Analysis-Investors Worry That U.S. Profit Forecasts Are Too High
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Analysis-Investors Worry That U.S. Profit Forecasts Are Too High

The Cheap InvestorJune 16, 20220

By Caroline Valetkevitch NEW YORK (Reuters) – Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying…

HSBC Leaves Best Lending Rate Unchanged At 5% Despite Central Bank Hike
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HSBC Leaves Best Lending Rate Unchanged At 5% Despite Central Bank Hike

The Cheap InvestorJune 16, 20220

HONG KONG (Reuters) – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong…

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