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Showing 11 - 20 of 184 results for "Contagion"

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... tech companies like Meta, Amazon, and Microsoft continuing to slash their workforce in droves, and the uncertainty and contagion risk sparked by the collapse of Silicon Valley Bank, S&P Global warns fintechs not to expect the amount of capital that flooded ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... fast rise in policy rates are becoming apparent, as banking sector vulnerabilities have come into focus and fears of contagion have risen across the broader financial sector, including nonbank financial institutions." Global growth is forecast to decline ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... continue to disappoint to the downside in coming months and further rate rises won't be justified. Further financial contagion from the banking sector issues also can't be ruled out which would also justify keeping interest rates steady." HSBC chief ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... As the Fed works with other regulators to repair the damage caused by the recent banking sector turmoil and prevent contagion, they may lose some of their appetite for further tightening, Kelly said. The result could be a slow-growth, low-inflation ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... widespread the damage is. The regulatory response has so far been swift, and decisive actions have helped stave off contagion risks. But markets remain on edge. Will asset-liability mismatches be the second domino to fall?" Fink wrote. He went on to ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... reassure investors. "The SNB and FINMA assert that the problems of certain banks in the US do not pose a direct risk of contagion for the Swiss financial markets," the statement said. "The strict capital and liquidity requirements applicable to Swiss ...

BlockFi files for bankruptcy, crypto contagion worsens

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
Another multi-billion crypto exchange bites the dust, BlockFi has filed for Chapter 11 protection, commencing a restructuring proceeding to stabilise its business. As part of its restructuring, BlockFi will focus on recovering all obligations owed to ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... much higher debt levels now along with the extent of the prior boom," he said. Meanwhile, according to CoreLogic, the contagion of price falls has spread from Sydney and Melbourne, the geographic scope of Australia's housing downturn broadening to every ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... the SEC listed nine tokens as securities, the assets are: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM. While crypto contagion consumes some lenders others rush to join the space. "BNP Paribas looks to launch crypto custody platform, Fidelity sees strong ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... make its ambitions a reality. Meanwhile, the crypto market cap continues to move sideways, up 0.5% week over week as contagion uncertainty has not yet settled. The report said crypto contagion continues, highlighting digital lender Voyagers bankruptcy ...