Category Archives:
Bitcoin near 9-month high as bank turmoil sparks rally
By Georgina Lee HONG KONG (Reuters) - Bitcoin hovered near nine-month highs on Monday, and has closed out its best week in four years as turmoil in traditional banking drives some investors to turn to...
Mar 20, 2023
Asia policymakers move to calm nerves after Credit Suisse takeover
By Scott Murdoch SYDNEY (Reuters) - Asian policymakers on Monday moved to calm investor nerves after announcements of a historic Swiss-backed takeover of troubled Credit Suisse and a coordinated move ...
Mar 20, 2023
Switzerland wakes to new era after historic bank merger; employees “shocked”
ZURICH (Reuters) - Switzerland awoke on Monday to a new era after UBS agreed to take over the ailing Credit Suisse, with a bank employee association saying it was "deeply shocked". The Swiss Bank Empl...
Mar 20, 2023
Succession 101: Money lessons from TV’s dysfunctional empire
By Chris Taylor NEW YORK (Reuters) - There are a lot of guilty pleasures out there, but here is one common to plenty of movers and shakers on Wall Street: Watching "Succession." The fourth season of t...
Mar 20, 2023
Marketmind: Investors adopt the brace position as banks topple
A look at the day ahead in European and global markets from Wayne Cole During the last big banking crises, an analyst was asked by a TV anchor what position he would recommend for investors? "Fetal" w...
Mar 20, 2023
S.Africa to call it a wrap on current hikes with last 25 bps on March 30- Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) - South Africa's Reserve Bank will raise interest rates for the last time in this cycle by 25 basis points on March 30, in anticipation of slower inflation and a...
Mar 20, 2023
Factbox-Insurers press carmakers for more help with EV batteries
DETROIT (Reuters) - Insurers and industry experts say electric vehicle insurance premiums will keep rising as sales grow unless the car companies make it easier to access battery data and repair packs...
Mar 20, 2023
Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) - For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing ...
Mar 20, 2023
Taiwan central bank says raising rates could help curb inflation expectations
TAIPEI (Reuters) - Taiwan's deputy central bank governor said on Monday that raising interest rates may help curb inflation expectations, although also noting an aversion to raising rates during an ex...
Mar 19, 2023
Taiwan financial regulator says will oversee crypto currencies
TAIPEI (Reuters) - Taiwan's Financial Supervisory Commission will be the main overseer of crypto currencies on the island, the head of the regulator said on Monday. Huang Tien-mu told lawmakers in par...
Mar 19, 2023
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