Oil Prices Rebound After OPEC Upgrades China Demand Outlook
By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday, recovering from the…
2023
Samsung Electronics To Invest $230 Billion Through 2042 In South Korea Chipmaking Base
SEOUL (Reuters) – Samsung Electronics Co Ltd on Wednesday said it will invest around 300 trillion won ($230 billion) by…
SVB Failure Offers Lesson For China – State Media
SHANGHAI/HONG KONG (Reuters) – The collapse of Silicon Valley Bank (SVB) will not impact China’s financial system but offers an…
Fed To Consider Tougher Rules For Midsize Banks After SVB Collapse-source
By Pete Schroeder (Reuters) -The Federal Reserve is considering tougher rules and oversight for midsize banks similar in size to…
Fed To Consider Tougher Rules For Midsize Banks After SVB, Signature Failures -WSJ
(Reuters) -U.S. Federal Reserve is reconsidering its regulations regarding midsize banks which could potentially mean expansion of existing restrictions that…
Silicon Valley Bank Collapse: What You Need To Know Now
(Reuters) – Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank’s collapse…
SVB Creditors Form Group Ahead Of Possible Bankruptcy – WSJ
(Reuters) -Creditors of Silicon Valley Bank’s parent company have formed a group in anticipation of a potential bankruptcy filing, the…
Homebuilder Lennar’s Profit Jumps 18% On High Prices
(Reuters) -Homebuilder Lennar Corp on Tuesday reported an 18% rise in first-quarter profit as high property prices offset supply snags…
U.S. Treasury Says Record FDIC Cash Draw Won’t Affect Debt Ceiling ‘X-date’
(Reuters) -The Federal Deposit Insurance Corp said its withdrawal of a record $40 billion in U.S. Treasury Funds on Friday…
EBay Slams ‘alarming’ Meta Subpoena In FTC Monopoly Case
By Mike Scarcella (Reuters) – E-commerce platform eBay Inc on Monday asked a U.S. judge to block a bid by…