“Banking sector resilient” ECB raises interest rates significantly 03/16/2023, 2:15 p.m Despite severe turbulence on the financial markets, the European Central Bank is raising interest rates sharply again. In order to get inflation under control, it is raising the key interest rate by 50 basis points to 3.5 percent. With the sixth interest rate increase … Read more
(Seoul = Yonhap Infomax) Reporter Moon Jeong-hyun = Despite the support from the US financial authorities and large banks, concerns about small and medium-sized banks are not going away. Some experts are suggesting that it will take time and a rate hike by the Federal Reserve to calm the confusion. Eleven large banks, including JP … Read more
Although new details about the causes of bank insolvency continue to emerge, the currently available information shows poor quality risk management and significant deficiencies in control and supervision mechanisms in these banks. More than one media reports that this is the most serious upheaval in the US banking sector since 2008, when the US bank … Read more
The article continues below the ad Bankuro sent Wall Street further down on Friday. Crisis-stricken First Republic is down more than 70 percent this week. At closing time 21:00 Norwegian time, it looked like this on Wall Street: The Dow Jones fell 1.2 percent. The S&P 500 fell 1.1 percent. The Nasdaq fell 0.74 percent. … Read more
Thursday, March 16, 2023 08:06 PM Important messages sent by Dr. Mostafa Madbouly, the Prime Minister, during his inspection of a large number of projects during his visit to the Suez Governorate and the Suez Canal Economic Zone. He said that Egypt is keen for the private sector to be the leader in the development … Read more
Last week, the world was shocked by the news about the insolvency of the US bank “Silicon Valley Bank”. In one day, customers withdrew $42 billion from the bank and the regulator had to suspend the bank’s operations. At the same time, another US bank – “Signature Bank” – experienced a crash. Although new details … Read more
The koruna weakened sharply in response to sales in the European banking sector linked to the problems of the Ukrainian bank Credit Suisse. Compared to the euro, it lost more than 1 percent, and for the first time since January, it reached above the 24.00 EUR/CZK level, and then pips that 2 percent loss on … Read more
He minimum amount is $100 million. He return period is up to 5 years, including the grace period which is up to 1 year. Interest rate: -MiPyMEs: The interest rate of Regulation No. 750 is applied for the investment destination (Fixed 64.5% as of March 2023).-Large Companies: The interest rate of Regulation No. 43A is … Read more
Thursday, March 16, 2023, 2:25 p.m. Shedding light on space cooperation missions in the Thai education sectorTo the only space food laboratory prototype mission in Asia Going Beyond NASA Standards Mr. Suphakit Chearavanont Chairman of the Board Charoen Pokphand Group Leading the management team of companies in the group Join to listen to presentations from … Read more
The general situation in the world financial system can be compared to the smell of clumsily extinguished cigarettes in a dry peat bog. On the one hand, individually each of them does not pose an immediate fire threat, but in the event of mass smoldering, in dry and windy weather, the red rooster can measure … Read more