March 26, 2023
China’s Industrial Profits Slump Deepens On Soft Demand, High Costs
BEIJING (Reuters) -The slump in Chinese industrial firms’ profits deepened in the first two months of 2023, weighed by lacklustre…
Dollar Steady As Banking Crisis Fears Keep Investors Jittery
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on Monday, while the yen hovered near its seven-week peak…
Oil Prices Climb In Relief Rally As Banking Concerns Ease
By Florence Tan SINGAPORE (Reuters) – Oil prices climbed in early trade on Monday as concerns over turmoil in the…
First Citizens In Advanced Talks To Buy Silicon Valley Bank -source
(Reuters) -First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank, a person familiar with the matter…
Swedish Central Bank Chief Says More Rate Hikes Likely Due To Stubborn Inflation
STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its…
Marketmind: Weighing Up The Global Banking Crisis
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asia’s economic data…
Credit Suisse Could Face Disciplinary Action, Swiss Regulator Says
ZURICH (Reuters) – Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers…
As Banking Sector Confidence Falters, Central Banks Called On To Do More
By Davide Barbuscia NEW YORK (Reuters) – Some investors and analysts are calling for more coordinated interventions from central banks…
Banking Stress Puts U.S. And Europe On Watch For Credit Crunch
By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) -Stress in the banking sector is being closely monitored for its potential…
Fed’s Kashkari: Banking Stress Brings U.S. Closer To Recession – CBS
WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S….
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