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China becomes wild card in Sri Lanka’s debt crisis

The Cheap InvestorMay 20, 2022May 20, 20220

COLOMBO, Sri Lanka (AP) — China says its initiative to build ports and other infrastructure across Asia and Africa, paid…

Exclusive-French Baby Formula Maker Danone Sharply Ramps Up U.S. Shipments
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  • Reuters

Exclusive-French Baby Formula Maker Danone Sharply Ramps Up U.S. Shipments

The Cheap InvestorMay 20, 20220

By Richa Naidu and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – Aptamil maker Danone SA has stepped up shipments of infant…

Crown Resorts Shareholders Greenlight Blackstone's $6.3 Billion Buyout
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  • Reuters

Crown Resorts Shareholders Greenlight Blackstone’s $6.3 Billion Buyout

The Cheap InvestorMay 20, 20220

(Reuters) – Shareholders of Australian casino operator Crown Resorts Ltd voted in favour of a $6.3 billion buyout from private…

Twitter To Tackle Ukraine Conflict Misinformation With Warning Labels
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Twitter To Tackle Ukraine Conflict Misinformation With Warning Labels

The Cheap InvestorMay 20, 20220

By Sheila Dang and Elizabeth Culliford (Reuters) – Twitter Inc will begin placing warning notices in front of some misleading…

Bank Indonesia To Pull Rates Lever In Q3, June Move Possible: Reuters Poll
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Bank Indonesia To Pull Rates Lever In Q3, June Move Possible: Reuters Poll

The Cheap InvestorMay 19, 20220

By Devayani Sathyan BENGALURU (Reuters) – Bank Indonesia will wait a few more months to raise rates from a record…

Malaysia Ministry Says Decision Pending On Proposed Cut In Palm Oil Export Tax
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Malaysia Ministry Says Decision Pending On Proposed Cut In Palm Oil Export Tax

The Cheap InvestorMay 19, 20220

KUALA LUMPUR (Reuters) – Malaysia’s Commodities Ministry on Friday said it is in discussions with the Finance Ministry to look…

China Cuts Borrowing Rate Again, Seeking To Revive Housing Sector
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  • Reuters

China Cuts Borrowing Rate Again, Seeking To Revive Housing Sector

The Cheap InvestorMay 19, 20220

SHANGHAI (Reuters) -China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second cut…

Asian Shares Jump As China Cuts Key Lending Benchmark
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  • Reuters

Asian Shares Jump As China Cuts Key Lending Benchmark

The Cheap InvestorMay 19, 20220

By Andrew Galbraith SHANGHAI (Reuters) – Asian shares jumped in early trade on Friday after China cut a key lending…

Elon Musk To Meet With Brazil's Bolsonaro, Says Report
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Elon Musk To Meet With Brazil’s Bolsonaro, Says Report

The Cheap InvestorMay 19, 20220

SAO PAULO (Reuters) – Brazilian President Jair Bolsonaro and business magnate Elon Musk are scheduled to meet in Sao Paulo…

Samsung Leader Lee Excused From Trial Hearing As Biden To Tour S.Korea Chip Plant
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Samsung Leader Lee Excused From Trial Hearing As Biden To Tour S.Korea Chip Plant

The Cheap InvestorMay 19, 20220

By Joyce Lee SEOUL (Reuters) – Samsung Electronics Vice Chairman Jay Y. Lee has been excused from attending an accounting…

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