London CNN — Investors in a riskier type of Credit Suisse’s bonds had the value of their holdings slashed to zero Sunday
Tag: stock markets
European and Asian markets rebound after US lenders rescue First Republic Bank
Hong Kong/London CNN — Markets in Europe and Asia rebounded Friday after First Republic Bank was rescued by a group of major
Baidu stock rebounds after falling sharply in wake of demo of ERNIE chatbot, its ChatGPT-style service
Hong Kong CNN — Shares in Chinese search giant Baidu rebounded sharply a day after it unveiled ERNIE Bot, its answer to
Asian markets tumble as SVB fears rattle banking sector
Hong Kong CNN — Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon
First Republic Bank stock plunges 60% as regional bank fears continue
New York CNN — Wall Street’s confidence in regional banks remained shaky Monday, despite emergency measures from the Biden administration to protect
Why Silicon Valley Bank collapsed and what it could mean
London CNN — Silicon Valley Bank collapsed with astounding speed on Friday. Investors are now on edge about whether its demise could
US futures and Asia Pacific stocks react to SVB recovery efforts
Hong Kong CNN — US stock futures jumped during Asian trade on Monday after an extraordinary move by US financial regulators to
Big Oil faces scrutiny after making $200 billion last year
London CNN — BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits in 2022,
Fed Chair Powell: Inflation fight will take ‘a significant period of time’
Minneapolis CNN — The US labor market remains “extraordinarily strong” and Friday’s monster jobs report underscored that the central bank has more
Gautam Adani fails to calm investors over market mayhem that wiped out billions
New Delhi CNN — Indian billionaire Gautam Adani tried to reassure investors on Thursday after he abruptly abandoned his flagship firm’s $2.5
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