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Financial News Around the World

SVB fallout unlikely to affect fundraising for Southeast Asia startups, venture capitalists say

Industry experts are optimistic that fundraising for Southeast Asian tech startups will keep flowing and won’t be impacted by the collapse of SVB.

Published 14 March 2023
Categorised as Finance News

Regional bank stock plunge creating key entry point for investors, top analyst says

“We have definitely slipped on a banana peel as it pertains to this deposit worry and scare,” bank Christopher Marinac told CNBC’s “Fast Money” on Monday.

Published 14 March 2023
Categorised as Finance News

‘Stress like 1987’: Evercore’s Julian Emanuel warns Silicon Valley Bank fallout could force new market low

The 2-year Treasury yield to doing something that hasn’t happened since 1987 due to the Silicon Valley Bank meltdown, according to Evercore ISI.

Published 14 March 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Gitlab, United Airlines, First Republic Bank and more

These are the stocks posting the largest moves in extended trading.

Published 13 March 2023
Categorised as Finance News

Regulators may still try to find a buyer for Silicon Valley Bank, source says

There’s still an opportunity to sell Silicon Valley Bank according to the official, saying that’s not off the table.

Published 13 March 2023
Categorised as Finance News

Here’s how ‘duration risk’ came back to bite Silicon Valley Bank and led to its rapid collapse

We usually don’t get into the weeds about bond market moves, but they’re important to understanding the second-biggest bank collapse in U.S. history.

Published 13 March 2023
Categorised as Finance News

Jeffrey Gundlach says Fed will hike funds rate next week to save credibility — but shouldn’t

While Gundlach sees more tightening ahead, he doesn’t think that’s the appropriate response right now as regulators’ rescue programs are inflationary in nature.

Published 13 March 2023
Categorised as Finance News

Investing in 2023 is ‘definitely going to be rocky,’ advisor says. How to stay the course

Silicon Valley Bank is the latest example of a surprise event that may spook the markets. Investors who hang on will be rewarded, one advisor says.

Published 13 March 2023
Categorised as Finance News

Something broke, but the Fed is still expected to go through with rate hikes

Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system.

Published 13 March 2023
Categorised as Finance News

Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more

These are the stocks posting the largest moves midday.

Published 13 March 2023
Categorised as Finance News

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