US preparing to stem SVB fallout with ‘material action’-sources

[ad_1] NEW YORK, March 12 (Reuters) – U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank and stem any broader fallout from its…

Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions

[ad_1] HANOI/AMSTERDAM, March 10 (Reuters) – Suppliers to Dutch chip-making machines giant ASML Holding NV (ASML.AS) are considering building plants in Southeast Asia instead of China amid political tensions between…

SVB turmoil a sign of pain coming from end of easy-cash era

[ad_1] LONDON, March 10 (Reuters) – The easy-cash era is over and its impact is only just being felt by world markets yet to see the end of the sharpest…