Gold eases but remains on course for quarterly rise
Key U.S. inflation gauge slightly below expectations All precious metals set to gain in March March 31 (Reuters) – Gold prices were on track for...
Exclusive: Germans shun deposits abroad on fear of new crisis
Demand for foreign deposits down 15%-20% since SVB collapse Germans seek safety in domestic banks, platforms say Smaller, foreign banks forced to raise rates FRANKFURT,...
Slower China factory activity growth challenges economic recovery prospects
Manufacturing PMI 51.9 in March vs 52.6 in Feb Non-manufacturing PMI expands at fastest pace in nearly 12 years BEIJING, March 31 (Reuters) – China’s...
US regulator cites ‘terrible’ risk management for Silicon Valley Bank failure
WASHINGTON, March 28 (Reuters) – A top U.S. regulator told a Senate panel on Tuesday that Silicon Valley Bank did a “terrible” job of managing...
Germany at a standstill as huge strike halts planes and trains
Unions launch 24-hour strike, biggest since 1992 Germany’s largest airports suspend flights Workers demand better pay to withstand price rises Inflation at near double digits...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
Fed emergency lending to banks boosted overall Fed holdings in latest week
NEW YORK, March 23 (Reuters) – Federal Reserve emergency lending to banks, which hit record levels last week, remained high in the latest week, amid...
Americans are wary of bailouts as banking concerns mount -Reuters/Ipsos poll
WASHINGTON, March 15 (Reuters) – A bipartisan majority of Americans oppose U.S. taxpayers footing the bill when bad management causes a bank to fail, though...
Gold sparkles in stormy week for markets
Focus on Fed policy meeting next week Gold to shine through the chaos – analyst All precious metals head for weekly gains Gold touches 11-month...
Global equities fall, gold surges as banking worries linger
Wall Street, European stock indexes fall First Republic Bank gets $30 bln injection, worries linger Fed data showed banks sought record emergency liquidity Gold heads...