FinanceSilicon Valley Bank is largest failure since 2008 crisis, billions strandedMarch 11, 2023392California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
CurrenciesDollar weakens after U.S. jobs data suggests slower rate hike pathMarch 10, 2023147NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after U.S. labor data for February showed slower wage...
BankingEurope’s lenders sucked into global banks routMarch 10, 2023267Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
BankingUS bank jitters spook Asia stocks; yen slides after BOJMarch 10, 2023238SINGAPORE, March 10 (Reuters) - Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for...
CurrenciesDollar dips from three-month highs, rates outlook dominatesMarch 8, 2023161NEW YORK, March 8 (Reuters) - The dollar dipped modestly from three-month highs reached earlier on Wednesday as investors adjusted...
FundsAustralia’s sovereign wealth fund screening for Chinese firms at risk of US bansMarch 7, 2023197SYDNEY, March 7 (Reuters) - Australia's sovereign wealth fund, the Future Fund, is screening its portfolio for Chinese companies at...
EconomyBank of America CEO sees U.S. technical recession in 3rd qtrMarch 6, 2023292SYDNEY, March 7 (Reuters) - Bank of America (BAC.N) Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy...
CurrenciesDollar headed for biggest weekly loss since mid-January; crypto fallsMarch 3, 2023244U.S. services sector data shows steady growth in FebruaryBitcoin, ether fall in Silvergate falloutDollar could resume uptrend next week with...
CurrenciesDollar squeezed as inflation drives up euroMarch 2, 2023221SINGAPORE, March 2 (Reuters) - The dollar nursed losses on Thursday as optimism about China's reopening was supported by encouraging...
CurrenciesDollar eases, upbeat China PMI revives risk sentimentMarch 1, 2023146SINGAPORE, March 1 (Reuters) - The dollar wobbled on Wednesday after China's manufacturing activity expanded at its fastest pace since...