credit-crunch
Bank of England's Breeden says diluting stablecoin rules further could damage financial system
BankingWorld Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
Top StoriesAsia shares edge higher, wary of US bank data
Top StoriesCredit squeeze ‘biggest threat’ to economic outlook, Fidelity International says
Banking turmoil means recession fears are creeping back
Date: March 29, 2023
(Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the ensuing turmoil in world markets have re-ignited the recession risks that appeared to have abated just a few weeks ago. Traders now bet the Federal Reserve is practically done hiking interest rates. Optimism that...
How the 2023 banking crisis unfolded
Date: March 24, 2023
(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collapsed, Switzerland’s Credit Suisse sought a government lifeline and America’s top banks agreed to offer a $30 billion rescue deal – all in the space of 10 days. The turmoil has ratcheted up fears of a contagion and prompted...
Oil dips after Fed comments, US crude stock build
Date: March 23, 2023
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday following three sessions of gains, after Federal Reserve Chair Jerome Powell highlighted banking sector credit risks for the world’s largest economy, while U.S. crude stocks rose more than expected. Brent crude futures fell 66 cents, or 0.9%, to $76.03 a barrel by...
‘Fear has taken the wheel’: German investor morale nosedives in July
Date: July 12, 2022
BERLIN (Reuters) -German investor sentiment plunged below levels at the outset of the coronavirus pandemic in July due to major energy concerns, supply bottlenecks and rate hikes from the European Central Bank. The ZEW economic research institute said on Tuesday its economic sentiment index fell to -53.8 points from -28.0 in June. The July figure...
Recovery and growth of the South African debt capital markets
Date: December 11, 2010
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