Category Archives:
Marketmind: Signs of confidence re-emerge after bank storm
A look at the day ahead in European and global markets from Anshuman Daga Market gyrations are common but the scale of recent moves across asset classes due to a slew of bank takeovers has shocked eve...
Mar 21, 2023
Sri Lanka’s economic crisis: From protests to IMF bailout
(Reuters) - The International Monetary Fund (IMF) has approved a nearly $3 billion bailout for Sri Lanka, which could help the country unlock up to $7 billion more from other lenders such as the World...
Mar 21, 2023
Asian art fair aims to bounce back after COVID years
By Jessie Pang HONG KONG(Reuters) - The organisers of Art Basel Hong Kong, one of Asia's leading contemporary art fairs, said on Tuesday they are bullish on art market prospects in the region, with Ch...
Mar 21, 2023
Analysis-Safe-havens and risk assets both rise as banking woes shift Fed expectations
By David Randall and Lewis Krauskopf NEW YORK (Reuters) - Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing ...
Mar 21, 2023
Fed, US banks in focus as mood improves on Credit Suisse rescue
By Scott Murdoch, Selena Li and Tom Westbrook (Reuters) - Investors on Tuesday took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS, though concerns lingered about t...
Mar 20, 2023
Sri Lanka to receive first tranche from IMF in next two days
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) - Sri Lanka will receive the first tranche of about $330 million from the International Monetary Fund in the next two days, and, going forward, di...
Mar 20, 2023
China gives chipmakers easier subsidy access to help guide industry recovery – FT
(Reuters) - China is facilitating easier access to subsidies and more control over state-backed research for a handful of its chip companies, the Financial Times reported on Tuesday. Chipmakers such a...
Mar 20, 2023
Massive fire destroys New Jersey church
(Reuters) - A major fire burned a large church in Burlington, New Jersey to the ground on Monday, its roof collapsing as more than 100 firefighters and emergency personnel battled the flames, local me...
Mar 20, 2023
South Korea’s weak exports, easing prices may keep rates on hold
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korean exports tumbled for the first 20 days of March and producer inflation eased last month, data showed on Tuesday, reinforcing expectations th...
Mar 20, 2023
PIMCO lost $340 million with Credit Suisse AT1 bonds write-off – source
By Davide Barbuscia NEW YORK (Reuters) - Bond giant PIMCO lost about $340 million on a category of Credit Suisse bonds that were wiped out by the takeover by UBS, with the American investment manager'...
Mar 20, 2023
Peoria, IL, USA
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