Chinese President Xi Jinping is set to visit Russia from March 20 to 22, China’s Ministry of Foreign Affairs announced Friday.
Category: Finance News
From spying to Swiss bailout: How years of turbulence at Credit Suisse came to a head
Credit Suisse received a liquidity lifeline from the Swiss National Bank on Wednesday after its share price plunged to an all-time low.
Fitch says banks in Asia are resilient to risks seen in U.S. bank failures
Asia-Pacific banks are “resilient to risks” highlighted by failures seen in U.S. banking sector, Fitch Ratings said Thursday.
China revives ruling party control of financial oversight
The ruling Communist Party of China is establishing commissions to oversee finance and tech, state media announced Thursday.
Stocks making the biggest moves after hours: FedEx, First Republic Bank and more
These are the stocks posting the largest moves in extended trading.
Banks take advantage of Fed crisis lending programs
Financial institutions took about $300 billion in short-term loans this week from the Federal Reserve as the industry copes with a serious crisis.
One year after the first rate hike, the Fed stands at policy crossroads
The Fed in some ways is both closer and further away from its goals when it first started raising rates.
Stocks making the biggest moves midday: First Republic, Signet Jewelers, Snap and more
These are the stocks posting the largest moves in midday trading.
Watch live: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.