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Analysis-U.S. military deals not enough to wean India off Russian arms yet

The Cheap InvestorJuly 10, 2023July 10, 20230

By Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting…

  • Asia
  • Business

Marketmind: China disinflation a mix of good and bad

The Cheap InvestorJuly 10, 2023July 10, 20230

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for…

  • Asia
  • Business

What people are saying about Ant Group’s $984 million fine and share buyback

The Cheap InvestorJuly 10, 2023July 10, 20230

(Reuters) – China’s Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well…

  • Asia
  • Economy

China urges ‘practical’ US action on sanctions after Yellen talks

The Cheap InvestorJuly 10, 2023July 10, 20230

By Joe Cash BEIJING (Reuters) – China on Monday called on the U.S. to take “practical action” in response to…

  • Asia
  • Business

Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits

The Cheap InvestorJuly 10, 2023July 10, 20230

By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Government bond markets from Europe to the United States and Australia are…

  • Business
  • Economy

Business leaders left in limbo by rate hike impact lag

The Cheap InvestorJuly 10, 2023July 10, 20230

By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…

  • Business
  • Economy

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

The Cheap InvestorJuly 10, 2023July 10, 20230

(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial…

  • Asia
  • Business

China should shift stimulus to consumption, ease residency curbs -PBOC adviser

The Cheap InvestorJuly 10, 2023July 10, 20230

BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency…

  • Business
  • Environment

US NTSB probes Boeing 737 MAX engine fire at Newark Airport

The Cheap InvestorJuly 10, 2023July 10, 20230

(This July 7 story has been corrected to clarify that FAA said the engine fire extinguishers were activated after landing,…

  • Environment
  • Top News

Heavy rains pound US Northeast, with more storms on the way

The Cheap InvestorJuly 9, 2023July 9, 20230

(Reuters) – Heavy rainstorms poured over parts of New York and Pennsylvania on Sunday, with first responders rescuing people stuck…

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