Asian shares steady as Chinese markets return, US yields gain

[ad_1] Chinese blue chips gain after service sector returns to growth Nikkei up 1.55%, Australia gains 0.87% but Hong Kong falls 10-year U.S. Treasury yields reach 1.5940 matching June high…

Fed in spotlight as US authorities focus on stability, First Republic

[ad_1] March 22 (Reuters) – U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks…

First Republic rescue may rely on US backing to facilitate deal – Bloomberg News

[ad_1] March 21 (Reuters) – Wall Street CEOs and U.S. officials discussing an intervention at First Republic Bank (FRC.N) are exploring the possibility of government backing to encourage a deal,…

US Treasury looks to strengthen financial stability; big focus on smaller banks

[ad_1] WASHINGTON, March 21 (Reuters) – The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and is considering what steps can be taken to further…

Analysis: Market turmoil is doing central bankers’ jobs for them

[ad_1] Financial conditions tighten after banking rout Market turmoil equal to multiple Fed hikes -economists Bank stocks tumble, borrowing costs surge Lending standards will tighten -Goldman Sachs March 21 (Reuters)…

Stacks Price Prediction as STX Becomes Top 15 Most Traded Crypto in 24 Hours – How High Can STX Go?

[ad_1] Stacks website Stacks (STX), the cryptocurrency that powers the smart-contract enabled Bitcoin layer-2 scaling blockchain called Stacks, saw the 13th highest trading volume of all cryptocurrencies over the last…

Fed, US banks in focus as mood improves on Credit Suisse rescue

[ad_1] March 21 (Reuters) – Investors on Tuesday took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS (UBSG.S), though concerns lingered about the…

Analysis: Safe-havens and risk assets both rise as banking woes shift Fed expectations

[ad_1] NEW YORK, March 21 (Reuters) – Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along…

Switzerland’s secretive Credit Suisse rescue rocks global finance

[ad_1] ZURICH, March 20 (Reuters) – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a…

South African shares shrug banking crisis, rand slips

[ad_1] JOHANNESBURG, March 20 (Reuters) – South African shares strengthened on Monday despite a global banking crisis as investors rushed into safe haven resource stocks, while the risk-sensitive rand weakened.…