AGAINST a backdrop of heightened volatility in the global financial markets, Singapore’s latest six-month Treasury bill (T-bill) had a cut-off yield of 3.65 per cent when auctioned closed on Thursday (Mar 16). This was the lowest since last September’s 3.32 per cent.
AGAINST a backdrop of heightened volatility in the global financial markets, Singapore’s latest six-month Treasury bill (T-bill) had a cut-off yield of 3.65 per cent when the auction closed on Thursday (Mar 16). This was the lowest since last September’s 3.32 per cent.
AGAINST a backdrop of heightened volatility in the global financial markets, Singapore’s latest six-month Treasury bill (T-bill) had a cut-off yield of 3.65 per cent when the auction closed on Thursday (Mar 16). This was the lowest since last September’s 3.32 per cent.
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.
FEARFUL Twitter posts and anxious WhatsApp exchanges coupled with online banking ease are seen as helping power an internet-age run on a pair of now-collapsed American lending institutions.
CREDIT Suisse Group, seeking to weather a collapse in market confidence, said it will borrow as much as 50 billion francs (S$72.6 billion) from a Swiss National Bank liquidity facility as it offers to repurchase debt.
CREDIT Suisse Group, seeking to weather a collapse in market confidence, said it will borrow as much as 50 billion francs (S$72.6 billion) from a Swiss National Bank liquidity facility as it offers to repurchase debt.
THE World Bank is evaluating a plan that would boost lending by US$50 billion over the next decade through changes to its rules, aiming to present it at the lender’s Spring Meetings next month, people familiar with the matter said.
SWITZERLAND’S central bank and financial regulator said Credit Suisse Group will receive a liquidity backstop if needed, seeking to restore confidence in the troubled lender after a record slump in its shares.
