Category Archives:
Moody’s downgrades Signature Bank to junk, places six U.S. banks under review
(Reuters) - Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into junk territory and placed the ratings of six other U.S. banks under review...
Mar 13, 2023
Further U.S. involvement in Ukraine is not vital national interest, says DeSantis
(Reuters) - Becoming "further entangled in a territorial dispute between Ukraine and Russia" is not a vital U.S. national interest, said Florida Governor Ron DeSantis, who is eying running for preside...
Mar 13, 2023
Silicon Valley Bank ‘conducting business as usual’, new CEO says
(Reuters) - Silicon Valley Bank's new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter seen by Reuters. Earlier in the day, th...
Mar 13, 2023
Japan, Canada in talks over collaboration in battery metals supply chain
TOKYO (Reuters) - Japan and Canada are discussing collaboration on building strong supply chains for battery metals, Japan's industry minister, Yasutoshi Nishimura, said on Tuesday. A public-private m...
Mar 13, 2023
Philippines posts biggest trade deficit in 5 months
MANILA (Reuters) - The Philippines posted its widest trade deficit in five months for January as exports fell sharply, pointing to a worsening trade balance that could put pressure on the peso in the ...
Mar 13, 2023
Brazil’s Natura swings to loss as revenue shrinks across cosmetics lines
SAO PAULO (Reuters) - Brazilian cosmetic maker Natura & Co on Monday reported a fourth-quarter net loss of 890.4 million reais ($169.7 million), as it reported lower revenues across all its business l...
Mar 13, 2023
Dollar sags as US banks’ collapse has markets wagering on no Fed hike
By Rae Wee SINGAPORE (Reuters) - The dollar languished near a multi-week low on Tuesday as fears of a broader systemic crisis following the collapse of a U.S. tech-focused lender left traders speculat...
Mar 13, 2023
Goldman Sachs’ Canute Dalmasse to retire after 21 years – memo
SYDNEY (Reuters) - Canute Dalmasse, Goldman Sach's co-head of Asia Pacific equities distribution and execution, will retire after nearly 21 years with the bank, according to a memo seen by Reuters. Da...
Mar 13, 2023
Bank Indonesia to hold rates steady at 5.75% through this year – Reuters Poll
By Anant Chandak BENGALURU (Reuters) - Bank Indonesia will hold its key interest rate at 5.75% on Thursday and for the rest of this year, suggesting its longest tightening cycle on record is almost ce...
Mar 13, 2023
Japanese banks slide as SVB contagion fear rattles markets
SINGAPORE (Reuters) - Asia's share markets slid on Tuesday, with Japan's financial stocks leading losses as fear of a U.S. banking crisis gripped investors ahead of crucial inflation data due later in...
Mar 13, 2023
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