California-based Silicon Valley Bank (SVB), which specialised in financing tech startups, has collapsed, reportedly after a flawed capital raise and deposit… Read more
Month: March 2023
U.S., Britain hustle to stop a potential banking crisis after Silicon Valley Bank collapse | CBC News
Governments in the US and UK have taken steps to prevent a potential banking crisis after the failure of California-based… Read more
PM Shehbaz accords in-principle approval to set price of cotton at Rs8500 per 40kg
The Prime Minister of Pakistan\’s Punjab province, Shehbaz Sharif, has given preliminary approval for the price of cotton to be… Read more
The cheapest and easiest way to keep your internet up during load shedding | News24
South Africa is facing a severe power crisis with load shedding expected to hit a record high in 2023. Mobile… Read more
China \”resolutely opposed\” to external interference in Taiwan: Xi
The Chinese president, Xi Jinping, has reiterated his country’s opposition to external interference over relations with Taiwan, warning of “Taiwan… Read more
Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapse | Globalnews.ca
The assets of Silicon Valley Bank’s Canadian branch have been temporarily seized by Canada’s banking regulator after the bank\’s collapse… Read more
Sunak and Macron hail ‘new chapter’ in UK-France ties
The UK and France have agreed on a new financial framework to tackle the issue of undocumented migrants arriving via… Read more
SVB collapse forces rethink on interest rates and hits bank stocks
The failure of Silicon Valley Bank has caused a ripple effect in global financial markets, with investors downgrading their forecasts… Read more
\’Great wall of steel\’: Xi Jinping vows to strengthen China\’s military
In his first public address since securing a third term as China\’s president, Xi Jinping urged the country to build… Read more
\’Great wall of steel\’: Xi Jinping vows to strengthen China\’s military
In his first public address since securing a third term as China\’s president, Xi Jinping urged the country to build… Read more