TSX recorded its worst day since December 2022 Author of the article: Published Mar 15, 2023 • Last updated 9 hours ago • 1 minute read A sign board displaying the TSX in Toronto’s financial district. Photo by Evan Buhler/The Canadian Press Canada’s main stock index fell 1.6 per cent on Wednesday, dragged down by energy… Continue reading Toronto stocks join global selloff as Credit Suisse sparks concerns
Canadian start-ups face funding ‘pressure cooker’ in wake of SVB collapse
Bottleneck likely to split the market into the worthy and the bereft Published Mar 13, 2023 • Last updated 1 day ago • 5 minute read The Silicon Valley Bank branch office in downtown San Francisco, California. Photo by Kori Suzuki/Reuters files The demise of Silicon Valley Bank will add to the pressure on Canadian venture-stage… Continue reading Canadian start-ups face funding ‘pressure cooker’ in wake of SVB collapse
Canada yields take historic dive as investors bet on interest rate cuts
Investors betting the Bank of Canada will cut rates in coming months to counter fallout U.S. bank collapses Author of the article: Bloomberg News Esteban Duarte and Erik Hertzberg Published Mar 13, 2023 • Last updated 1 day ago • 2 minute read Bank of Canada governor Tiff Macklem. Photo by Blair Gable/Reuters The yield on… Continue reading Canada yields take historic dive as investors bet on interest rate cuts
Stock Market Today: Stocks Struggle on Credit Suisse, First Republic Bank Concerns
Stocks spent most of Wednesday in panic-selling mode as the fallout of the Silicon Valley Bank/Signature Bank failures spread to Swiss bank Credit Suisse (CS (opens in new tab)) and throughout the broader European financial market. But while bank stocks suffered significant losses today, the major indexes closed well off their lows. Credit Suisse plunged… Continue reading Stock Market Today: Stocks Struggle on Credit Suisse, First Republic Bank Concerns
Best Communication Services Stocks to Buy Now
Historically, communication services is a robust sector with resilient fundamentals. This diverse segment of the market includes companies involved in advertising, broadcasting, internet media services, publishing, entertainment and mobile telecom services. The best communication services stocks range from mature operators that have been around for decades and pay attractive dividends to early stage growth startups,… Continue reading Best Communication Services Stocks to Buy Now
Switzerland’s central bank says it will provide liquidity to Credit Suisse if deemed necessary for the embattled lender
Credit Suisse will receive liquidity if needed, a Swiss regulator and the country’s central bank said late Wednesday. Credit Suisse “meets the capital and liquidity requirements imposed on systemically important banks,” the authorities said. Credit Suisse shares crashed on Wednesday after its largest shareholder said no more financial backing will be granted. Loading Something is… Continue reading Switzerland’s central bank says it will provide liquidity to Credit Suisse if deemed necessary for the embattled lender
‘Dr. Doom’ Nouriel Roubini says Credit Suisse may be too big to save and risks igniting a ‘Lehman moment’
“Dr. Doom” economist Nouriel Roubini said Credit Suisse may be too big to fail and too big to save. He told Bloomberg TV there are doubts Switzerland could engineer a bailout. The Swiss National Bank said it will provide liquidity to Credit Suisse, if necessary. Loading Something is loading. Thanks for signing up! Access your… Continue reading ‘Dr. Doom’ Nouriel Roubini says Credit Suisse may be too big to save and risks igniting a ‘Lehman moment’
US stocks trade mixed as Credit Suisse troubles stoke fears of a banking crisis
Jennifer Sor Reuters / Brendan McDermid US stocks fell on Wednesday as fears of a banking crisis continued to rip through the market. Troubles at Credit Suisse alarmed investors, sparking a steep sell-off in shares of the Swiss bank. But the Swiss National Bank later said it will provide Credit Suisse with liquidity, if necessary.… Continue reading US stocks trade mixed as Credit Suisse troubles stoke fears of a banking crisis
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