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Financial News Around the World

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

Stocks making the biggest moves midday: First Republic, Signet Jewelers, Snap and more

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

Published 16 March 2023
Categorised as Finance News

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.

Published 16 March 2023
Categorised as Finance News

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.

Published 16 March 2023
Categorised as Finance News

‘The weakest links are cracking’: Investors consider possible Credit Suisse contagion

Even before the shock collapse of two U.S. banks, Credit Suisse had faced a slew of problems, including money laundering charges and spying allegations.

Published 16 March 2023
Categorised as Finance News

Op-ed: Be sure to ask these 5 questions before hiring a new financial advisor

There are more than a few factors to consider when deciding whether to work with a financial advisor. Here’s a look at some key boxes to check before deciding.

Published 16 March 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Credit Suisse, Snap, Adobe, PagerDuty & more

Credit Suisse rebounded slightly from Wednesday’s drop, while PagerDuty popped on better-than-expected earnings.

Published 16 March 2023
Categorised as Finance News

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