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Gold set for worst week in seven on dollar, yields strength

The Cheap InvestorAugust 11, 2023August 11, 20230

By Deep Kaushik Vakil (Reuters) – Gold prices on Friday were on track for their worst week in seven, hurt…

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UBS ends taxpayer backstop granted for Credit Suisse rescue

The Cheap InvestorAugust 11, 2023August 11, 20230

By Noele Illien ZURICH (Reuters) – Swiss taxpayers are no longer on the hook over the rescue of Credit Suisse…

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Hong Kong economic growth slows to 1.5% in Q2, gradual recovery seen

The Cheap InvestorAugust 11, 2023August 11, 20230

By Twinnie Siu and Donny Kwok HONG KONG (Reuters) -Hong Kong’s economy grew 1.5% in the second quarter from a…

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South Africa’s Zuma granted remission, avoids return to jail

The Cheap InvestorAugust 11, 2023August 11, 20230

JOHANNESBURG (Reuters) -South Africa’s former president Jacob Zuma, who spent only two months of a 15-month sentence in prison in…

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San Francisco moves to center of robotaxi universe after California agency vote

The Cheap InvestorAugust 11, 2023August 11, 20230

By Greg Bensinger SAN FRANCISCO (Reuters) -California just supercharged the self-driving car industry. Following a contentious state agency vote, Alphabet…

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China to replace $140 billion LGFV debt with local bonds – Bloomberg News

The Cheap InvestorAugust 11, 2023August 11, 20230

BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the…

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UK economy’s surprise strength puts more BoE rate hikes on table

The Cheap InvestorAugust 11, 2023August 11, 20230

By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s economy eked out unexpected growth in the second quarter, laying the…

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Suspects in Ecuador assassination are Colombian, police say

The Cheap InvestorAugust 11, 2023August 11, 20230

By Alexandra Valencia QUITO (Reuters) -One dead suspect and six others arrested in the assassination of Ecuadorean presidential candidate Fernando…

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Virgin Galactic launches tourists to edge of space

The Cheap InvestorAugust 11, 2023August 11, 20230

WASHINGTON (Reuters) – Virgin Galactic on Thursday blasted three tourists to the edge of space aboard its air-launched VSS Unity…

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China uncovers alleged Chinese spy for CIA – security ministry

The Cheap InvestorAugust 11, 2023August 11, 20230

BEIJING (Reuters) -China has uncovered a Chinese national suspected of spying for the U.S. Central Intelligence Agency (CIA), its state…

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