SINGAPORE : Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.MSCI's broadest index of Asia-Pacific shares outside Japan rose
SINGAPORE : Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.
"Globally, I think we're a long way from being out of the woods on this," Sydney-based Jefferies' banking analyst Brian Johnson said, with the present stress set against a backdrop of higher capital costs and declining loan growth. That somewhat abated after regulators in Europe and Britain stepped in to reassure investors that it would not set a precedent.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
From Charles & Keith to Air Asia: Singapore TikTok user now face of budget airline (Video)Zoe Gabriel aka TikTok user zohtaco aka ‘bag girl’ from the Charles & Keith saga, is now in the news again – for even more wholesome reasons. It seems that the teen is really having her moment in the limelight since the video she put out of her dad buying her an S$80 Charles &…
Read more »
Singapore overtakes New York as city with highest rental growth — report - Singapore NewsYearly rental rates in Singapore rose by a substantial 28 per cent in Q4 of 2022, up from 23 per cent in the previous quarter. In comparison, New York only saw a 19 per cent growth in prime rental rates.
Read more »
‘Parents cannot look beyond PSLE’ — Edutech leader says he’s giving up on Singapore - Singapore News'I am giving up on Singapore. The education system in Singapore is too deeply entrenched. Parents cannot look beyond PSLE. I cannot change this,' he said.
Read more »
Trump says he expects to be arrested on Tuesday, calls for protestsNEW YORK – Former US President Donald Trump on Saturday (March 18) said he expects to be arrested on Tuesday as New York prosecutors consider charges over a hush money payment to a porn star, and called on his supporters to protest. 'Illegal leaks from a corrupt and highly political Manhattan district attorney's office ... indicate that, with no crime...
Read more »
Donald Trump Says He Expects To Be Arrested On Tuesday, Calls For Protests By SupportersFormer President Donald Trump said that he expected to be arrested on Tuesday as part of the Manhattan District Attorney’s investigation, while he also called on his supporters to protest the move. Trump wrote on Truth Social, his social media platform, that “illegal leaks” from the D.A. showed that he would be arrested. “Protest, take […]
Read more »
MAS: Credit Suisse to continue operating without interruption in Singapore following UBS rescueSINGAPORE – The UBS takeover of Credit Suisse is not expected to have an impact on the stability of Singapore’s banking system, with the latter to continue operating in Singapore without interruptions and its customers having access to their accounts, the Monetary Authority of Singapore (MAS) said on Monday. The central bank added in its statement that Credit Suisse’s contracts...
Read more »