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Financial News Around the World

Tech stocks are pulling the market higher, but it’s all up to the Fed now

The S&P 500 is up 2.6%. You can largely thank the performance of tech stocks, where the bulls have once again seized the reins.

Published 17 March 2023
Categorised as Finance News

Moral hazard? Hawkish pause? What these terms mean and why should investors care

Here’s how these four words are shaping the debate in the market around the fast-moving banking troubles.

Published 17 March 2023
Categorised as Finance News

Credit Suisse sheds another 5% as traders digest emergency liquidity

Credit Suisse shares opened down 5% Friday after soaring over the previous session.

Published 17 March 2023
Categorised as Finance News

China’s Xi to go to Russia next week for his first visit since Putin ordered invasion of Ukraine

Chinese President Xi Jinping is set to visit Russia from March 20 to 22, China’s Ministry of Foreign Affairs announced Friday.

Published 17 March 2023
Categorised as 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.

Published 17 March 2023
Categorised as Finance News

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.

Published 17 March 2023
Categorised as Finance News

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.

Published 17 March 2023
Categorised as Finance News

Stocks making the biggest moves after hours: FedEx, First Republic Bank and more

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

Published 16 March 2023
Categorised as Finance News

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.

Published 16 March 2023
Categorised as Finance News

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.

Published 16 March 2023
Categorised as Finance News

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  • 3 forces driving a record week for stocks as 7 portfolio names hit new highs
  • 3 forces driving a record week for stocks as 7 portfolio names hit new highs
  • 3 forces driving a record week for stocks as 7 portfolio names hit new highs
  • 3 forces driving a record week for stocks as 7 portfolio names hit new highs
  • 3 forces driving a record week for stocks as 7 portfolio names hit new highs

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