Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:22
Rate Path In Focus as Philippines Awaits Next Central Bank Chief
Investors are bracing for Philippine President Ferdinand Marcos Jr.’s choice on who will head the central bank in
2023-05-25 10:49
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 10:45
China RRR Cut Gives Bigger Growth Boost Than Rate Move
China’s economic growth will get a bigger boost if the central bank cuts the reserve requirement ratio for
2023-05-25 10:24
Marcos Seeks Speedy Approval of Philippine Wealth Fund Bill
Philippine President Ferdinand Marcos Jr. is pushing for the immediate enactment of a bill in the Senate that
2023-05-25 10:23
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:21
Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Oil held a three-day gain after a big draw in US stockpiles and warning from Saudi Arabia aimed
2023-05-25 09:50
Australia's Treasury Wine Estates flags inflation headwinds, shares drop
Australia's Treasury Wine Estates warned on Thursday that inflation was squeezing demand for its commercial-grade wine and driving
2023-05-25 09:46
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:27
Metals Markets Face Grueling Summer as Chinese Demand Falters
Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived
2023-05-25 08:47
Singapore’s Economy Posts Smaller Contraction in First Quarter
Singapore’s economy had a smaller contraction in the first quarter than previously estimated, suggesting that the trade-reliant nation’s
2023-05-25 08:23
Japan's long-suffering stock market is back. This boom may have 'staying power'
Japan's stock market has waited more than three decades for its moment in the sun.
2023-05-25 08:18