Sept. 28, 2024, 8:15 a.m.

As global stocks fall, Asia-Pacific's benchmark index erases all of its gains for 2023

The MSCI Asia Pacific index hit a low of 155.44 in afternoon trade – marking a decline of more than a 9% from its Feb. 2 high of 171.26 and wiping out its gains for the year so far.

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SVB’s failure will have a ripple effect across technology ‘for years to come’

Silicon Valley Bank’s collapse is likely to be felt across the technology landscape globally over the coming years.

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Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil

Moody’s Analytics chief economist Mark Zandi thinks the Federal Reserve is unlikely to raise interest rates at its March meeting as there is a “boatload of uncertainty” around the recent bank failures.

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