The European Central Bank has carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as US bank collapses and troubles at…
Read more Europe’s central bank hikes rates by 50 bps despite bank chaosCredit Suisse Group AG shares plunged and credit default swaps were near a distressed level after its biggest shareholder ruled out any additional support. Saudi National Bank Chairman…
Read more Credit Suisse sinks, fuelling $60 billion rout in European BanksThe Government does not see any ‘serious’ impact on the overall Indian financial system due to the breakdown of Silicon Valley Bank (SVB). However, it does acknowledge that…
Read more No serious implication on Indian financial system due to Silicon Valley Bank failure, says GovernmentThe easy-cash era is over, and its impact is only just starting to be felt by world markets yet to see the end of the sharpest interest rate…
Read more SVB collapse a sign of pain coming from end of easy-cash era
