Category Archives:
South Korea BOK member calls for closer watch of core inflation
SEOUL (Reuters) - One of the Bank of Korea's board members said on Thursday that core inflation should be watched more closely than the headline indicator for the time being to better assess changes i...
Mar 16, 2023
Freight train carrying hazardous materials derails in western Arizona – media
(Reuters) - A freight train carrying hazardous materials derailed in western Arizona on Wednesday evening, The New York Times reported, citing a spokesperson for the Mohave County Sheriff's Office. Th...
Mar 16, 2023
On the precipice: How Credit Suisse’s day of drama unfolded
NEW YORK (Reuters) - On March 16, 2008, Bear Stearns was forced into the arms of JPMorgan Chase & Co in a dramatic weekend rescue after Wall Street turned on the investment bank, fearing it would coll...
Mar 16, 2023
Marketmind: ECB into the eye of banking storm
A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank (ECB) meets today for the first big test of policymakers' response to bank stability fears that are ...
Mar 16, 2023
FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say
(Reuters) - Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company's new management said. Overall more tha...
Mar 16, 2023
Analysis-For Goldman Sachs, SVB’s botched stock sale had a silver lining
By Echo Wang, Lananh Nguyen and David French NEW YORK (Reuters) - As SVB Financial Group wrestled with a capital shortfall and the prospect of a downgrade to its credit rating last week, it went to Go...
Mar 16, 2023
Analysis-Investors brace for hard landing as banking woes stoke recession fears
By David Randall NEW YORK (Reuters) - Fears of a recession are growing on Wall Street, as stress in the banking sector following the collapse of Silicon Valley Bank and worries over the fate of Credit...
Mar 16, 2023
Factbox-TikTok’s Chinese ownership, security concerns spark bans across nations
(Reuters) - The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move...
Mar 15, 2023
TSMC’s founder says he supports US efforts to slow China’s chip advances
TAIPEI (Reuters) - The retired founder of Taiwanese chipmaker TSMC said on Thursday that he supported U.S. efforts to slow down China's progress in chip manufacturing and predicted that there would be...
Mar 15, 2023
Grand jury in Georgia heard recording of Trump call to state House speaker -report
By Eric Beech WASHINGTON (Reuters) - The Atlanta grand jury that probed ex-President Donald Trump's 2020 election meddling heard a taped telephone call he placed to Georgia's Republican House leader s...
Mar 15, 2023
Peoria, IL, USA
51 °F Overcast
