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Marketmind: Stocks fight the Fed as markets still not listening

The Cheap InvestorJune 16, 2023June 16, 20230

By Naomi Rovnick LONDON (Reuters) – If you looked at red-hot stock markets without following central banks, you could well…

  • Asia
  • Economy

China’s Jan-May fiscal revenue growth quickens

The Cheap InvestorJune 16, 2023June 16, 20230

BEIJING (Reuters) – China’s fiscal revenues grew 14.9% in the first five months from a year earlier, quickening from a…

  • Business
  • Economy

Germany, France clash over reform of EU fiscal rules, deal seen by end-2023

The Cheap InvestorJune 16, 2023June 16, 20230

By Jan Strupczewski BRUSSELS (Reuters) – France and Germany clashed on Friday over how to reform the European Union’s fiscal…

  • Asia
  • Business

Explainer-What is Hong Kong’s new dual HKD/RMB share counter?

The Cheap InvestorJune 16, 2023June 16, 20230

By Georgina Lee and Winni Zhou HONG KONG (Reuters) – The Hong Kong stock exchange will start offering yuan-denominated Chinese…

  • Asia
  • Australia

Central banks, waiting for relief on inflation, lean towards higher rates

The Cheap InvestorJune 16, 2023June 16, 20230

By Howard Schneider, Balazs Koranyi and Leika Kihara WASHINGTON/FRANKFURT/TOKYO (Reuters) -Two years into confronting rising inflation, the world’s top central…

  • Asia
  • Business

China takes next step in currency globalization, with some HK stocks priced in yuan

The Cheap InvestorJune 16, 2023June 16, 20230

By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – China’s gradual internationalisation of its currency will shift to its…

  • Business
  • Economy

Global equity funds attract biggest inflow in 12 weeks

The Cheap InvestorJune 16, 2023June 16, 20230

(Reuters) – Global equity funds witnessed their largest inflow in 12 weeks, as stocks surged on expectations that subdued U.S….

  • Business
  • Economy

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

The Cheap InvestorJune 16, 2023June 16, 20230

BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confirmed on Friday, with…

  • Business
  • Economy

UK public’s inflation expectations ease in May, Bank of England survey shows

The Cheap InvestorJune 16, 2023June 16, 20230

LONDON (Reuters) -The British public’s expectations for inflation in the coming 12 months cooled in May, according to a Bank…

  • Asia
  • Business

Italian EV startup Aehra unveils new premium sedan

The Cheap InvestorJune 16, 2023June 16, 20230

By Giulio Piovaccari MILAN (Reuters) – Italian electric-vehicle startup Aehra on Friday unveiled its new, European-made sedan which will serve…

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