South Korea is mulling whether to require banks to hold more capital, as officials seek safeguard the financial system in the face an increase in interest rates and delinquencies.
China’s banking regulator is under pressure to minimize the impact of the sudden suspension of commonly used bond price feeds, which shocked investors and sent volumes plunging in the world’s second-largest debt market.
Hundreds of passengers were delayed at Hong Kong International Airport on Thursday morning due to a technical issue affecting check-in systems.
It was Federal Reserve policy, not crypto, which was the primary culprit in the bankruptcies of Silicon Valley Bank and Signature Bank, according to Ark Investment chief Cathie Wood.
Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after Venezuelan authorities in 2020 seized almost a million barrels of its oil.
Hackers have stolen more than 103,000 identification documents from a service provider working for Australian personal lender Latitude Group Holdings Ltd, the company said Thursday.
China’s home prices rose in February for the first time in 18 months, a sign that government efforts to revive the battered market are starting to pay off.
Bank Negara Malaysia said the country’s lenders have no direct exposure to the failed US banks and that the banking system remains well-capitalized.
Prime Minister Justin Trudeau tasked former Governor General David Johnston with examining allegations China interfered in Canada’s last two elections.
Japan’s trade deficit narrowed sharply in February from the previous month’s record shortfall, as the impact from the lunar new year in China reversed, slowing imports and encouraging exports.
