Category Archives:
Banking turmoil means recession fears are creeping back
(Reuters) - The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse's rescue, and the ensuing turmoil in world markets have re-ignited the recession risks ...
Syndicated Content Mar 29, 2023
SK Hynix to seek further exemption from US chip curbs against China -CEO
SEOUL (Reuters) - South Korea's SK Hynix Inc will ask the United States for a year's further exemption from chip curbs against China, the chief executive of the world's No. 2 maker of memory chips sai...
Syndicated Content Mar 29, 2023
SoftBank shares jump on Alibaba split-up plans
TOKYO (Reuters) - Shares in SoftBank Group Corp soared on Wednesday after Chinese e-commerce conglomerate Alibaba Group, in which the Japanese technology investor has a 13.7 % stake, announced a major...
Syndicated Content Mar 29, 2023
UBS turns to ex-CEO Ermotti to steer Credit Suisse takeover
By John Revill (Reuters) -UBS Group AG named former boss Sergio Ermotti as its next chief executive officer on Wednesday, in a surprise move designed to help steer its massive takeover of neighbour Cr...
Syndicated Content Mar 29, 2023
China’s green loans exceed $3.2 trln, central bank chief says
BOAO, China (Reuters) - China's outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country's total loan balance, People's Bank of China Governor...
Syndicated Content Mar 29, 2023
Marketmind: Alibaba fires up market mood
A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S. and European banking troubles eases, the potential end of China's multi-year regulatory crack...
Syndicated Content Mar 28, 2023
Hong Kong home prices rise for second straight month in Feb
HONG KONG (Reuters) - Hong Kong private home prices climbed 2.2% in February, the second straight monthly increase, helped by improving sentiment after the border with China was reopened, expectations...
Syndicated Content Mar 28, 2023
US consumer bankers tighten monitoring, processes as industry reels
By Nupur Anand and Tatiana Bautzer Las Vegas (Reuters) - Consumer and mid-sized banks are planning to monitor their internal processes more closely and hold more frequent discussions with regulators a...
Syndicated Content Mar 28, 2023
Thailand beats Q1 tourism target with 6.15 million arrivals
BANGKOK (Reuters) - Thailand beat its target for tourist arrivals in the first quarter, recording 6.15 million visitors in the January to March 27 period, government spokesperson Traisuree Taisaranaku...
Syndicated Content Mar 28, 2023
Thai Feb factory output down 2.71% y/y, slightly better than forecast
BANGKOK (Reuters) - Thailand's manufacturing production index (MPI) in February dropped by 2.71% from a year earlier, as slowing global demand hurt exports, the industry ministry said on Wednesday. Th...
Syndicated Content Mar 28, 2023
Peoria, IL, USA
56 °F Sunny
