financial crisis

Image for Big ECB hike adds fuel to the banking sector fire
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Big ECB hike adds fuel to the banking sector fire

By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the Eur...

16th March, 2023

Image for Explainer-Credit Suisse: How did it get to crisis point?
Finance

Explainer-Credit Suisse: How did it get to crisis point?

By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from t...

16th March, 2023

Image for Oil prices rebound after OPEC upgrades China demand outlook
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Oil prices rebound after OPEC upgrades China demand outlook

By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday,...

15th March, 2023

Image for KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT
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KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silico...

15th March, 2023

Image for Meta to cut 10,000 jobs in second round of layoffs
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Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would c...

14th March, 2023

Image for Global equities gain, as rising bond yields pressure gold
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Global equities gain, as rising bond yields pressure gold

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares stemmed a five-session...

14th March, 2023

Image for Meta to wind down NFTs on platforms amid crypto bust
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Meta to wind down NFTs on platforms amid crypto bust

(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens...

14th March, 2023

Image for Swiss regulator monitoring banks and insurers after SVB collapse
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Swiss regulator monitoring banks and insurers after SVB collapse

ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any pot...

14th March, 2023

Image for Mobile games developer Huuuge says has $24.2 million at SVB
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Mobile games developer Huuuge says has $24.2 million at SVB

(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securi...

13th March, 2023

Image for Over a dozen Chinese-based firms say they have minimal exposure to SVB
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Over a dozen Chinese-based firms say they have minimal exposure to SVB

HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had li...

13th March, 2023

Image for Crypto stocks slide after Silvergate decides to shut down
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Crypto stocks slide after Silvergate decides to shut down

By Niket Nishant, Medha Singh and Hannah Lang (Reuters) – Shares of crypto-focused companies fell on...

10th March, 2023

Image for Brazil to resume visa requirements for US, Japan, Australia, Canada -sources
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Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry visa requirements for...

9th March, 2023