Tag: Economy

© Reuters. FILE PHOTO: Passersby walk past an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou   NDX +1.87% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

© Reuters. FILE PHOTO: An employee holds the door open at the Silicon Valley Bank branch office in downtown San Francisco, California, U.S., March 13, 2023. REUTERS/Kori Suzuki/   SBNY -99.81% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

© Reuters. FILE PHOTO: People look on near cranes standing at a construction site in Beijing, China January 12, 2023. REUTERS/Tingshu Wang By Andrea Shalal WASHINGTON (Reuters) -Average potential global economic growth will slump to a three-decade low of 2.2% per year through 2030, ushering in a “lost decade” for the world’s economy, unless policymakers…

Americans have withdrawn nearly $120 billion in deposits from U.S. small banks in the week marked by the collapse of Silicon Valley Bank…

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo   US500 +0.56% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50…

Regional lenders are crucial for U.S. economic growth and markets want Fed support before the bank crisis triggers a near-term recession…

Wood suggests regional banks may be headed toward slow-moving solvency trouble…

© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco MANILA (Reuters) – The Philippines central bank raised its benchmark interest rate by 25 basis points to 6.25% on Thursday. The move, which was predicted…

© Reuters. FILE PHOTO: Pedestrians walk near the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray/File Photo By Lucy Craymer and Wayne Cole WELLINGTON (Reuters) -A top New Zealand central banker on Thursday said interest rates were clearly in contractionary territory and causing…

The FDIC seized $2 billion from Silicon Valley Bank’s former parent company, SVB Financial who may be on the hook for the bank’s collapse…