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  • Credit Suisse Lifeline, First Republic Rescue: What You Need To Know

    Credit Suisse Lifeline, First Republic Rescue: What You Need To Know0

    Credit Suisse headed into a make-or-break weekend after some rivals grew cautious in their dealings with the struggling Swiss lender, and its regulators urged it to merge with UBS AG. At least four major banks, including Societe Generale (OTC:SCGLY) and Deutsche Bank (ETR:DBKGn), are restricting new trades involving Credit Suisse or its securities, five sources

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  • Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses0

    Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic slowdown stemming from a banking crisis kept gains limited and put prices on course for their worst week this year. Media reports said that Saudi Arabian and Russian ministers met this week to discuss potential

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  • Asian Stocks Surge As Bank Bailouts Lift Spirits

    Asian Stocks Surge As Bank Bailouts Lift Spirits0

    Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support to stem a potential banking crisis helped improve sentiment, while traders also priced in a less hawkish Federal Reserve. Chinese bourses were the best performers for the day, with the Shanghai Shenzhen CSI 300 and

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