Asia shares skittish, US and Europe futures edge higher

Asia wary, US stock futures up on SVB reports

SYDNEY,  Australia  – Asian shares followed U.S. stock futures higher on Monday on hopes authorities were working to ring fence stress in the global banking system, even as the cost of insuring against default neared dangerous levels. Helping nerves were reports First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank from […] The post Asia wary, US stock futures up on SVB reports appeared first on Inquirer Business.

Asia wary, US stock futures up on SVB reports

Helping nerves were reports First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp.

Asia wary, US stock futures up on SVB reports

By Wayne Cole SYDNEY, (Reuters) - Asian shares followed U.S. stock futures higher on Monday on hopes authorities were working to ring fence stress in the global banking system, even as the cost of insuring against default neared dangerous levels. Helping nerves were reports First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp. S&P 500 futures firmed 0.5% in early trade whi…

Asia shares skittish, US and Europe futures edge higher

Investors hope that authorities are working to ring-fence stress in the global banking system.

Asia wary, US stock futures up on SVB reports

SYDNEY: Asian shares followed US stock futures higher on Monday (Mar 27) on hopes authorities were working to ring-fence stress in the global banking system, even as the cost of insuring against default neared dangerous levels. Helping nerves were reports

Asia wary, US stock futures up on SVB reports

Nikkei up 0.1 per cent, S&P 500 futures rises 0.5 per cent; Eyes on Deutsche Bank, credit default swaps; Deposits flow to money market funds from banks.