Dec. 4, 2024, 3:30 a.m.

World Bank seeks grants, new capital to fight global crises

Anna Bjerde, World Bank Managing Director for Operations, speaks to Reuters during an interview at The World Bank office in Taguig, Metro Manila

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Julius Baer shares slump as money inflows show little gain from Credit Suisse woes

The logo of Swiss private bank Julius Baer is seen at their headquarters in Zurich, Switzerlan

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Austrian banks unaffected by banking turmoil, finance minister tells Neue Zuercher Zeitung

Austria's government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country's financial sector

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Foxconn plans $800 million investment in southern Taiwan

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Bank rescues ease crisis fears but investors worry it's not enough

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Baidu shares drop to 8-week lows after company reveals ChatGPT rival

During a livestreamed release event Thursday, Baidu CEO Robin Li emphasized the company’s product — called Ernie bot — is not perfect.

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Banks take advantage of Fed crisis lending programs

Check out the companies making headlines in extended trading.

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Stocks making the biggest moves after hours: FedEx, First Republic Bank and more

Check out the companies making headlines in extended trading.

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‘A huge relief’: Startups react to Silicon Valley Bank UK’s HSBC rescue deal

HSBC UK Bank has agreed to acquire the U.K. subsidiary of collapsed Silicon Valley Bank for £1 ($1.21).

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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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