Financial News
Elon Musk issues A surprising 'Warning' regarding New developments in the Global Financial system
Recently, Twitter CEO warned about the emergence of new problems in the financial system and the economy as a whole, and this statement seems to be true with the recent developments of the world banking industry.
Recently, Twitter CEO warned about the emergence of new problems in the financial system and the economy as a whole, and this statement seems to be true with the recent developments of the world banking industry.
Read moreApple Launches ‘Buy Now, Pay Later’ Service
Tech giant Apple Inc. has announced the launch of a new service called Apple Pay Later in the US.
Tech giant Apple Inc. has announced the launch of a new service called Apple Pay Later in the US.
Read moreCryptocurrency Companies Massively Rush to Switzerland
The recent collapse of two major banks has sent shockwaves through the cryptocurrency industry, putting a spotlight on the difficulties that companies have faced when seeking traditional banking services.
The recent collapse of two major banks has sent shockwaves through the cryptocurrency industry, putting a spotlight on the difficulties that companies have faced when seeking traditional banking services.
Read moreThe Global IPO Market is overshadowed by High Interest Rates and Bank volatility
The global initial public offering (IPO) market appears to be in a slump, with companies raising only $19.7 billion through IPOs in the first few months of 2023, down 70% year-on-year and the lowest since 2019.
The global initial public offering (IPO) market appears to be in a slump, with companies raising only $19.7 billion through IPOs in the first few months of 2023, down 70% year-on-year and the lowest since 2019.
Read moreCredit Suisse bailout drags Bank Stock Prices down
On March 20, bank shares fell as the announcement of the government-backed rescue of Credit Suisse raised new concerns about the banking sector.
On March 20, bank shares fell as the announcement of the government-backed rescue of Credit Suisse raised new concerns about the banking sector.
Read moreDue to the Silicon Valley Bank incident, market capitalization of Global Financial Stocks declines by $465bln
Global financial stocks have suffered a massive blow with over $465 billion lost in just three days following the fall of Silicon Valley Bank (SVB).
Global financial stocks have suffered a massive blow with over $465 billion lost in just three days following the fall of Silicon Valley Bank (SVB).
Read moreUS: Series of defaulted Bonds were mortgaged by Real Estate
The real estate market, both in the United States and Europe, is experiencing a crisis due to many defaults in the office rental and mortgage lending markets.
The real estate market, both in the United States and Europe, is experiencing a crisis due to many defaults in the office rental and mortgage lending markets.
Read moreBank Stocks lead the Decline
The US stock market took a hit after the Federal Reserve Chairman, Jerome Powell, suggested that interest rates may need to stay high for longer. This led investors to fear more rate hikes would cause a recession, and bank stocks led the decline as a result.
The US stock market took a hit after the Federal Reserve Chairman, Jerome Powell, suggested that interest rates may need to stay high for longer. This led investors to fear more rate hikes would cause a recession, and bank stocks led the decline as a result.
Read moreChinese Firms flock to Switzerland for Fundraising
Swiss capital is becoming a popular choice among Chinese companies for raising funds.
Swiss capital is becoming a popular choice among Chinese companies for raising funds.
Read moreEurozone: Bond yields hit record levels
Yields on government bonds in the Eurozone hit a record high on Mar 1st, as investors worry about inflation in the region.
Yields on government bonds in the Eurozone hit a record high on Mar 1st, as investors worry about inflation in the region.
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