March 22 (Reuters) – U.S. authorities are expected on Wednesday to consider measures to further bolster financial stability, as well as scenarios to address the problems still facing regional lender First Republic Bank. As the recent market turmoil has eased, the Federal Reserve meeting is now in focus, with traders divided on whether the US … Read more
March 21 (Reuters) – Shohei Ohtani knocked out Mike Trout in a showdown between two of the game’s best players to seal Japan’s 3-2 victory over the United States in a thrilling World Baseball Classic final ( WBC) at LoanDepot Park in Miami on Tuesday. Baseball is the national pastime of the United States, but … Read more
Asian scholarships: Nikkei rebounds with banks, S&P 500 futures hold steady Market favors 25 basis point Fed hike and dovish stance Euro holds onto gains after jump in German bond yields SYDNEY, March 22 (Reuters) – Asian stocks rallied cautiously on Wednesday in hopes of averting a global banking crisis amid uncertainty surrounding the outlook … Read more
Credit Suisse tumbles more than 60% after emergency weekend takeover European banks recover ground after initial 5% drop Government bonds and gold rally as investors seek safety Wall Street opens flat, First Republic Bank collapses LONDON, March 20 (Reuters) – European bank stocks retaliated on Monday after an early slump and the interactive rush for … Read more
SINGAPORE, March 20 (Reuters) – U.S. equity futures rose in Asian trade on Monday in relief from a weekend bailout deal for Credit Suisse, although the mood was jittery and that financial stocks remain under pressure from contagion fears, even with support from global central banks . S&P 500 futures rose 0.5% in bumpy early … Read more
LONDON, March 20 (Reuters) – Some of the world’s leading flu vaccine makers say they could make hundreds of millions of bird flu vaccines for humans within months if a new strain of bird flu crosses the division. some change. A current outbreak of bird flu known as H5N1 clade 2.3.4.4b has killed record numbers … Read more
Ernie’s launch comes as Google and Microsoft step up the AI game Baidu shares fall as CEO gives brief video presentations Analysts say scripted event, pre-recorded videos disappointed Ernie can do math, write poems, generate images and videos BEIJING/HONG KONG, March 16 (Reuters) – China’s Baidu on Thursday unveiled its highly anticipated artificial intelligence-based chatbot … Read more
WASHINGTON, March 15 (Reuters) – The Biden administration has demanded that Chinese owners of TikTok divest their shares in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move, first reported by The Wall Street Journal, is the most dramatic in a string of recent moves by … Read more
Bank stocks fell on Monday on concerns about what could be next to swing after the second and third largest bank failures in the history of the United States. But much of the rest of the market rose on hopes that the bloodshed will force the Federal Reserve to ease its economy-shaking interest rate hikes. … Read more
LONDON/SINGAPORE, March 13 (Reuters) – Banking stocks in Europe and Asia plunged on Monday as the U.S. decision to guarantee deposits at collapsed tech lender Silicon Valley Bank failed to reassure investors of financial strength from other banks. Europe’s STOXX banking index (.SX7P) fell 4.3%, after losing 3.78% on Friday, leaving it on track for … Read more
