By Howard Schneider and Tom Sims WASHINGTON/FRANKFURT (Reuters) -Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a U.S. Federal Reserve policymake[...]
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March 26, 2023
Swedish central bank chief says more rate hikes likely due to stubborn inflation
STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Gov[...]
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Marketmind: Weighing up the global banking crisis
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asia’s economic data and policy calendar this week is light, which is perhaps just as well becau[...]
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Credit Suisse could face disciplinary action, Swiss regulator says
ZURICH (Reuters) – Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers after Switzerland’s second largest bank had to[...]
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Banking stress brings U.S. closer to recession, Kashkari says
By Howard Schneider WASHINGTON (Reuters) – Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Nee[...]
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As banking sector confidence falters, central banks called on to do more
By Davide Barbuscia NEW YORK (Reuters) – Some investors and analysts are calling for more coordinated interventions from central banks to restore financial stability, as they fear that tumult in[...]
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Analysis-Bank disquiet, Fed keep investors on edge in nervy U.S. stock market
By David Randall NEW YORK (Reuters) -Investors are preparing for a long U.S. stock market slog, braced for more banking sector tumult and worries over how the Federal Reserve’s tightening will i[...]
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Apple CEO praises China’s innovation, long history of cooperation on Beijing visit
SHANGHAI (Reuters) – Apple CEO Tim Cook on Saturday used his first public remarks on his visit to China to praise the country for its rapid innovation and its long ties with the U.S. iPhone make[...]
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Standard Chartered agrees to sell business in Jordan
By Hadeel Al Sayegh DUBAI (Reuters) -Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as the emerging markets-focused lend[...]
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