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Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Bank of Canada ‘ready to act’ in event of extreme market stress By Reuters

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo By

IKEA completes sale of Russian factory to local firm By Reuters
Stock Market

FDIC hires Newmark Group to sell billions of Signature Bank debt

2/2 © Reuters. FILE PHOTO: The company logo for Signature Bank is displayed at a location in Brooklyn, New York, U.S., March 20, 2023. REUTERS/Brendan

Column-Shadow bank boxing as money funds drain deposits :Mike Dolan By Reuters
Finances

Column-Shadow bank boxing as money funds drain deposits :Mike Dolan By Reuters

© Reuters. FILE PHOTO: A money exchange vendor counts U.S. dollar banknotes at a shop in Beirut, Lebanon March 10, 2023. REUTERS/Mohamed Azakir By Mike

Billions in Signature Bank Debt to Be Sold by Newmark
Finances

Billions in Signature Bank Debt to Be Sold by Newmark

FDIC to tap the real-estate firm to market about $60 billion in the failed lender’s loans, adding pressure the commercial property market. Source link

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

US expects Biden’s nominee, Ajay Banga, to be elected as World Bank chief By Reuters

© Reuters. FILE PHOTO: Ajay Banga, President and CEO Mastercard, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 19, 2017. REUTERS/Ruben

Dow futures rise 245 pts; risk sentiment rises as bank worries retreat
Stock Market

Dow futures rise 245 pts; risk sentiment rises as bank worries retreat By Investing.com

© Reuters By Peter Nurse     Investing.com — U.S. stocks are seen opening higher Wednesday, as easing concerns about the health of the banking sector and

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Thai central bank raises policy rate, more tightening likely By Reuters

© Reuters. FILE PHOTO: Thailand’s central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva By Orathai Sriring

How the Bank Mess Can Hit Home Buyers
Finances

How the Bank Mess Can Hit Home Buyers

Lenders probably aren’t going to be buying many mortgage bonds, which could put upward pressure on mortgage rates. Source link

Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng
Stock Market

Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng By Investing.com

© Reuters By Ambar Warrick Investing.com– Most Asian stock markets rose on Wednesday as regulators further downplayed fears of a banking crisis, while Hong Kong’s

Finances

Malaysia central bank maintains 2023 growth forecast amid global slowdown By Reuters

© Reuters. FILE PHOTO: A general view of the Central Bank of Malaysia (Bank Negara Malaysia) in Kuala Lumpur, Malaysia, July 31, 2019. Picture taken