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
PwC Scrutiny Builds in Australia After Police Probe Sought
Australian government officials will be asked in a parliamentary hearing Thursday to provide more details on their pursuit
2023-05-25 08:52
Vietnam EV Maker Recalls Some US SUVs Due to Software Error
Vietnam’s electric vehicle maker VinFast is recalling some of its first vehicles sold in the US because of
2023-05-25 08:51
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
Biden Pressed to Limit Hydrogen Credits Key to New Industry
Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say
2023-05-25 07:58
US AAA Credit Rating May Be Cut by Fitch on Debt-Limit Impasse
Fitch Ratings said it may downgrade US credit ratings to reflect the worsening political partisanship that’s preventing a
2023-05-25 07:48
Nasdaq Futures Jump on Nvidia; Yen Rises on Fitch: Markets Wrap
US stock futures opened higher at the start of Asian trading on Thursday as risk sentiment turned positive
2023-05-25 07:19