Month: March 2023

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Asia FX Dips, Dollar Steadies As Fed Meeting Looms

Most Asian currencies retreated on Tuesday, while the dollar firmed slightly as markets hunkered down ahead of a Federal Reserve interest...

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Gold Prices Face Resistance At $2,000 As Fed Meeting Looms

Gold prices were muted in early Asian trade on Tuesday after touching key highs in the prior session as markets locked in some profits...

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Bitcoin Near 9-Month High As Bank Turmoil Sparks Rally

to turn to digital assets. The biggest cryptocurrency by market value fell 1.8% in Asia hours to $27,549 after hitting its highest since...

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Vaccine Makers Prep Bird Flu Shot For Humans ‘Just in Case’; Rich Nations Lock in Supplies

  Some of the world’s leading makers of flu vaccines say they could make hundreds of millions of bird flu shots for humans within...

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Credit Suisse Lifeline, First Republic Rescue: What You Need To Know

Credit Suisse headed into a make-or-break weekend after some rivals grew cautious in their dealings with the struggling Swiss lender, and...

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Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses

Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic slowdown stemming from...

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Asian Stocks Surge As Bank Bailouts Lift Spirits

Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support to stem a...

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ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says

European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking...

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Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed

Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential crisis in the U.S.,...

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Spain’s Mango Plans U.S. Expansion After China Retreat

Spanish fashion retailer Mango is focusing on U.S. expansion after turning its back on China, Chief Executive Officer Toni Ruiz said. Mango...

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