First Republic drops 60%, leads decline in bank stocks despite government’s backstop of SVB
First Republic Bank led a decline in bank shares Monday that came even after regulators’…
World
Kyiv criticises Russian proposal to extend grain deal for 60 days
Ukrainian minister says 60-day extension contradicts the documents signed by guarantors Turkey and the UN.
Jeffrey Gundlach says Fed will hike funds rate next week to save credibility — but shouldn’t
While Gundlach sees more tightening ahead, he doesn’t think that’s the appropriate response right now…
Colombia’s Petro accuses armed group of violating ceasefire
Bogota accuses Gulf Clan of backing protests by illegal miners that cut off drinking water…
Something broke, but the Fed is still expected to go through with rate hikes
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures…
HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks
British Finance Minister Jeremy Hunt on Sunday said that the government and Bank of England…
Pfizer strikes $43bn deal for cancer drug innovator Seagen
The pharmaceutical giant says it will pay $229 in cash for each share of Seagen.
First Republic drops 60%, leads decline in bank stocks despite government’s backstop of SVB
First Republic Bank led a decline in bank shares Monday that came even after regulators’…
2-year Treasury yield posts biggest 3-day decline since aftermath of 1987 stock crash
U.S Treasury yields declined on Monday as investors assessed the state of the economy after…
Silicon Valley’s ‘greed and avarice’ have ‘finally come home to roost’ in SVB collapse, trader says
“Banking should be boring, a lot like watching paint dry — and any time it’s…
First Republic drops 70%, leads decline in bank stocks despite government’s backstop of SVB
First Republic Bank led a decline in bank shares Monday that came even after regulators…
Silicon Valley Bank collapse hits startups as far away as China
The Silicon Valley Bank fallout has ripple effects on Chinese startups.
HRW: Egyptian dissidents denied identity documents
HRW says Egyptian authorities are refusing to provide and renew documents to pressure dissidents to…
HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks
British Finance Minister Jeremy Hunt on Sunday said that the government and Bank of England…
In his first address, China’s new premier says ‘high quality’ growth is a priority
China’s new premier Li Qiang said China’s focus was shifting to what it calls high-quality…
Junior doctors across England to go on strike over pay, burnout
Junior doctors to go on strike for three days, protesting against inadequate pay and burnout.
In his first address, China’s new premier says high quality growth is a priority
China’s new premier Li Qiang said China’s focus was shifting to what it calls high-quality…
SVB collapse will have limited impact on Asia, but one analyst says it could be a warning sign
Analysts say the collapse of Silicon Valley Bank is not likely to have a major…
From Apple to Boeing, India is being put to the test as China manufacturing alternative
Boeing’s big deal with Air India is a sign of significant efforts to move key…
From Apple to Boeing, India is being put to the test as China manufacturing alternative
Boeing’s big deal with Air India is a sign of significant efforts to move key…
