financial crisis

Issued on: 14/03/2023 - 07:15 Asian markets sank Tuesday, with banks bearing the brunt of the selling on fears of contagion in the sector after the collapse of two…

The bankruptcies of US banks Silicon Valley Bank (SVB) and Signature do not pose a danger to French financial institutions, Finance Minister Bruno Le Maire said Monday as authorities in the US and UK took…

The US government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at the failed institution that they could access all…

Regulators rushed on Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago.Silicon Valley Bank, the…

Issued on: 10/03/2023 - 19:10 California banking regulators on Friday closed SVB Financial Group, the largest bank failure since the financial crisis, moving quickly to…

Sri Lanka's central bank held interest rates steady for a third straight meeting on Wednesday, as widely expected, saying the prevailing tight monetary stance is crucial to taming still-high inflation and restoring economic stability.With…

Reserve Bank of India governor Shaktikanta Das said this week that allowing private cryptocurrencies to grow would lead to the next financial crisis. He also reiterated the central bank’s call for a total ban, claiming that such instruments…

India’s Reserve Bank Governor, Shaktikanta Das, warned the next financial crisis can be triggered by private cryptocurrencies, if allowed to grow. | Photo Credit: Reuters Pressing for the prohibition of instruments like Bitcoin, Reserve…

…

Issued on: 30/10/2022 - 11:50 Michel Aoun was vacating Lebanon's presidential palace on Sunday amid acclaim from his supporters a day before his mandate expires without a…