Economy & Business
Bank shares plummet as Credit Suisse rescue fails to quell contagion fears
Banking stocks and bonds plummeted on Monday as the hit to investors from UBS Group’s state-backed takeover of Credit Suisse ...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 ...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, ...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 ...South Korea and Japan to drop trade dispute as leaders seek common ground
Japan and South Korea agreed to drop an almost four-year-old trade dispute on high-tech materials on Thursday, an emphatic sign ...Global bank stock rout deepens as SVB collapse fans contagion fears
Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from President Joe ...France faces another day of nationwide protests against Macron’s pension plans
France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron’s unpopular pension reform plans amid ongoing rolling ...Silicon Valley Bank’s demise began with downgrade threat
In the middle of last week, Moody’s Investors Service Inc delivered alarming news to SVB Financial Group (SIVB.O), the parent of ...North Korea’s Kim demands more farmland to boost food production
North Korean leader Kim Jong Un ordered improvements to infrastructure and expansion of farmland to ramp up food production, state ...Top brands pull out of Russia, but their goods remain easy to find
Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara’s latest designs, and ...
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