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China aircraft monitored US, France, Canada, Japan navy drill – media

The Cheap InvestorJune 12, 2023June 12, 20230

BEIJING (Reuters) -China deployed a reconnaissance aircraft over Pacific waters east of Taiwan last week that Chinese media said monitored…

  • Business
  • Economy

Explainer-UBS has Swiss mountain to climb with Credit Suisse

The Cheap InvestorJune 12, 2023June 12, 20230

By Tomasz Janowski, Oliver Hirt and John Revill ZURICH (Reuters) – With its Credit Suisse takeover officially wrapped up, UBS…

  • Business
  • Economy

Analysis-Price drop fears put a brake on European grocers’ rally

The Cheap InvestorJune 12, 2023June 12, 20230

By Joice Alves LONDON (Reuters) – European grocers could exceed market expectations for earnings growth this year as they keep…

  • Business
  • Economy

BioNTech faces first German lawsuit over alleged COVID vaccine side effects

The Cheap InvestorJune 12, 2023June 12, 20230

By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a…

  • Business
  • Economy

The final countdown? Five questions for the ECB

The Cheap InvestorJune 12, 2023June 12, 20230

By Yoruk Bahceli and Stefano Rebaudo (Reuters) – Another quarter percentage-point rate hike from the European Central Bank looks like…

  • Business
  • Canada

Central banks shelve guidance, in fits and starts, as inflation reigns

The Cheap InvestorJune 12, 2023June 12, 20230

By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg (Reuters) – Central bankers, who once considered obscurity central to…

  • Asia
  • Business

China’s property sector set to be persistently weak for years -Goldman

The Cheap InvestorJune 12, 2023June 12, 20230

BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding…

  • Asia
  • Business

Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing

The Cheap InvestorJune 12, 2023June 12, 20230

(Reuters) -Entities backed by Singapore’s Temasek and Chinese investment firm HighLight Capital agreed to a deal worth 1.06 billion yuan…

  • Business
  • Economy

Marketmind: Markets drift ahead of central bank extravaganza

The Cheap InvestorJune 12, 2023June 12, 20230

A look at the day ahead in European and global markets from Ankur Banerjee After surprise interest rate hikes from…

  • Asia
  • Australia

Westpac to layoff 300 workers in business and retail unit, says trade union

The Cheap InvestorJune 11, 2023June 12, 20230

(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at…

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