Take Five: And Let There Be Calm
LONDON (Reuters) – At an incredible end to the first quarter for financial markets, rattled by bank turmoil, some stability…
March 2023
Alibaba Founder Jack Ma Returns To China, Ending Year-long Sojourn Abroad -SCMP
BEIJING (Reuters) -Alibaba founder Jack Ma has returned to China, the South China Morning Post (SCMP) reported on Monday, ending…
First Citizens To Buy Silicon Valley Bank, FDIC Says
(Reuters) -First Citizens BancShares Inc will acquire all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance…
First Citizens Bank To Buy SVB’s Deposits, Loans From FDIC
(Reuters) – First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the…
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…