Magnitude 6.8 earthquake shakes Ecuador, at least 14 deaths reported
At least 14 people were killed in a strong earthquake that shook a coastal region of Ecuador and northern Peru ...
Bank rescues ease crisis fears but investors worry it’s not enough
A $30 billion lifeline for First Republic Bank (FRC.N) hosed down market fears about an imminent banking collapse on Friday, but a late tumble in the troubled U.S. lender’s shares showed investors were still worried about cracks in ...At least 22 people killed in suspected massacre at Myanmar monastery
At least 22 people, including three Buddhist monks, were shot dead at close range in central Myanmar last week, according to a doctor’s post-mortem report, in what opponents of military rule say was a massacre of ...China’s Xi to meet Putin in Moscow next week
Chinese President Xi Jinping will be in Russia from March 20-22 for a state visit after he was invited by President Vladimir Putin, the Kremlin said on Friday. The visit comes as China offers to broker ...- Economy & BusinessEmailHightlightsMost Popular WorldPoliticsReadRecommendedUS & CanadaViewsWorld News
First Republic Bank gets $30 billion in deposits from big banks
First Republic Bank (FRC.N) has received $30 billion in deposits from several big banks, the banks said in a statement on Thursday, as part of a rescue package for the lender. JPMorgan Chase & Co (JPM.N), Citigroup Inc (C.N), Bank ... Credit Suisse secures $54 billion lifeline as authorities rush to avert global bank crisis
Credit Suisse (CSGN.S) on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in its shares intensified fears about a global banking crisis. The Zurich-based ...
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