U.S. Fed delivers small rate hike amid global banking turmoil
By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter…
Business
Emerging market investors turn increasingly bullish for Q2 -HSBC survey
LONDON (Reuters) – Nearly half of emerging market investors are bullish on prospects for developing markets in the second quarter,…
Analysis-Investors cautious on U.S. stocks, even though Fed hikes may soon end
By Lewis Krauskopf NEW YORK (Reuters) – The end of the Federal Reserve’s bruising rate hiking cycle may be in…
Four ways for car buyers to survive the interest-rate crunch
By Chris Taylor NEW YORK (Reuters) – The feeling of driving a new car off the lot is hard to…
Credit Suisse hires Southeast Asia wealth vice chairman
Sydney (Reuters) – Credit Suisse said on Thursday it has hired private banker Kwong Kin Mun as its new vice…
First Republic shares fall as Yellen says not considering ‘blanket insurance’ on bank deposits
By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – A “bull case” scenario for the shares of beleaguered First…
Explainer-How safe is my money in a U.S. bank and what is insured?
By Hannah Lang and Pete Schroeder (Reuters) – In the United States and many other countries, the government guarantees a…
Yellen promise on community bank deposits sparks relief in small-town America
By David Lawder and Douglas Gillison WASHINGTON (Reuters) -The brewing U.S. banking crisis seems far removed from the northeastern Vermont…
GameStop’s surprise profit triggers short squeeze, meme stocks rally
By Medha Singh (Reuters) -Meme stock GameStop Corp surged nearly 41% on Wednesday as the video game retailer’s first profitable…
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as…