Published 1 year ago

Asia shares skittish, US and Europe futures edge higher

Summary by Ground News

Asian shares follow US stock futures higher on hopes authorities are working to ring-fence stress in the global banking system. Helping nerves were reports First Citizens BancShares was in advanced talks to acquire Silicon Valley Bank from the Federal Deposit Insurance. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent. The mood remained jittery after shares in Deutsche Bank fell 8.5 per cent on Friday.

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Reuters

Asia shares skittish, US and Europe futures edge higher

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

1 year ago·United Kingdom

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Channel News Asia

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

1 year ago·Singapore

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Financial Post

Asia wary, US stock futures up on SVB reports

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.

1 year ago·Canada

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The West Australian

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.

1 year ago

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PerthNow

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.

1 year ago·Perth, Australia

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Inquirer

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.

1 year ago·Manila, Philippines

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