AsiaBusiness China’s factory activity swings to surprise growth in May – Caixin PMI The Cheap InvestorMay 31, 2023May 31, 20230 BEIJING (Reuters) -China’s factory activity unexpectedly swung to growth in May from decline, a private sector survey showed on Thursday,…
AsiaAustralia Australia first-quarter business investment hits 7-year high, outlook solid The Cheap InvestorMay 31, 2023May 31, 20230 SYDNEY (Reuters) – Australian business investment rose to a seven-year high in the first quarter, helped by a jump in…
AsiaEconomy Japan’s solid capex growth points to upward revision to Q1 GDP The Cheap InvestorMay 31, 2023May 31, 20230 By Tetsushi Kajimoto TOKYO (Reuters) – Japanese companies raised spending on plant and equipment in January-March at the fastest rate…
AsiaEconomy South Korea exports fall for 8th month but pace eases for chip, China shipments The Cheap InvestorMay 31, 2023May 31, 20230 By Jihoon Lee SEOUL (Reuters) -South Korea’s exports fell for an eighth straight month in May in annual terms, but…
AsiaBusiness Taiwan, U.S. to sign first deal under new trade framework The Cheap InvestorMay 31, 2023May 31, 20230 TAIPEI (Reuters) -Taiwan and the United States will sign the first deal under a new trade talks framework on Thursday,…
BusinessUS Walmart beats all nine proposals at shareholder meeting The Cheap InvestorMay 31, 2023May 31, 20230 By Siddharth Cavale BENTONVILLE, Ark. (Reuters) – Walmart investors voted against all nine shareholder-led proposals during the retail giant’s annual…
AsiaBusiness Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar The Cheap InvestorMay 31, 2023May 31, 20230 By David Kirton SHENZHEN, China (Reuters) – For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting…
ElectionsPolitics Failed Republican candidate charged in shooting spree aimed at New Mexico Democrats The Cheap InvestorMay 31, 2023May 31, 20230 By Kanishka Singh (Reuters) – A failed Republican state candidate in New Mexico was charged by federal authorities on Wednesday…
BusinessUS Walmart has not made changes to LGBTQ-themed merchandise The Cheap InvestorMay 31, 2023May 31, 20230 By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Walmart on Wednesday said it has not made any changes to its LGBTQ-related…
AsiaEconomy Analysis-Struggling China local governments find a fundraising loophole, lifeline in “pearl bonds” The Cheap InvestorMay 31, 2023May 31, 20230 SHANGHAI/HONG KONG (Reuters) – China’s cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in…