SVB Collapse Could Add To China Stock Investors’ Anxiety
By Summer Zhen SHANGHAI (Reuters) – China stock investors, already disillusioned by Beijing’s lower-than-expected economic growth target for the year,…
March 2023
Tech Execs Race To Save Startups From ‘extinction’ After SVB Collapse
By Jeffrey Dastin, Anna Tong and Krystal Hu PALO ALTO, California (Reuters) – Technology executives, prominent venture capitalists and founders…
Analysis-Silicon Valley Bank’s Fall Widens Systemic Cracks As Cheap Money Vanishes
By David Randall and Davide Barbuscia NEW YORK (Reuters) – Cracks are appearing in the global financial system as the…
China Chooses Continuity, Retaining Central Bank Chief, Finance Minister
(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
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
(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
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
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
(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
(Reuters) -British clearing bank The Bank of London is considering a rescue bid for the UK arm of collapsed U.S….