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March 11, 2023

China Chooses Continuity, Retaining Central Bank Chief, Finance Minister
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China Chooses Continuity, Retaining Central Bank Chief, Finance Minister

The Cheap InvestorMarch 11, 20230

(Corrects spelling of Lee Kuan Yew School paragraph 10) By Joe Cash BEIJING (Reuters) -China kept its central bank governor…

Explainer-How Kakao Won A Takeover Battle Against HYBE For K-pop Pioneer SM Entertainment
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Explainer-How Kakao Won A Takeover Battle Against HYBE For K-pop Pioneer SM Entertainment

The Cheap InvestorMarch 11, 20230

By Hyunsu Yim SEOUL (Reuters) – South Korean K-pop pioneer SM Entertainment Co Ltd is poised to fall under the…

US Weighs New Fund To Backstop Deposits If More Banks Fail, Bloomberg News Says
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US Weighs New Fund To Backstop Deposits If More Banks Fail, Bloomberg News Says

The Cheap InvestorMarch 11, 20230

(Reuters) – The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that…

Biden Speaks With California Governor About Silicon Valley Bank - White House
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Biden Speaks With California Governor About Silicon Valley Bank – White House

The Cheap InvestorMarch 11, 20230

WASHINGTON (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank…

UK Finance Minister And Bank Of England Work To Contain SVB Fallout
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UK Finance Minister And Bank Of England Work To Contain SVB Fallout

The Cheap InvestorMarch 11, 20230

LONDON (Reuters) -Britain’s finance ministry and the Bank of England are working to minimize the disruption that could arise from…

Hedge Funds Offering To Buy Startup Deposits Stuck At Silicon Valley Bank -Semafor
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Hedge Funds Offering To Buy Startup Deposits Stuck At Silicon Valley Bank -Semafor

The Cheap InvestorMarch 11, 20230

(Reuters) – Hedge funds are offering to buy the deposits of startups stranded at Silicon Valley Bank for as little…

Bank Of London Weighs Rescue Bid For Silicon Valley Bank's UK Arm - Sky News
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Bank Of London Weighs Rescue Bid For Silicon Valley Bank’s UK Arm – Sky News

The Cheap InvestorMarch 11, 20230

(Reuters) -British clearing bank The Bank of London is considering a rescue bid for the UK arm of collapsed U.S….

Union Says Lyondell Misled It About Possible Houston Refinery Buyers -letter
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Union Says Lyondell Misled It About Possible Houston Refinery Buyers -letter

The Cheap InvestorMarch 11, 20230

By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) said in a letter to members it was misled by…

Union Says Lyondell Misled USW About Possible Houston Refinery Buyers -letter
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Union Says Lyondell Misled USW About Possible Houston Refinery Buyers -letter

The Cheap InvestorMarch 11, 20230

By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) said in a letter to members it was misled by…

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Silicon Valley Bank is largest failure since 2008 crisis, billions stranded

The Cheap InvestorMarch 11, 2023March 11, 20230

By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…

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