In his first address, China’s new premier says ‘high quality’ growth is a priority
China’s new premier Li Qiang said China’s focus was shifting to what it calls high-quality development, such as building up tech and so-called green industries.
SVB collapse will have limited impact on Asia, but one analyst says it could be a warning sign
Analysts say the collapse of Silicon Valley Bank is not likely to have a major contagion effect in Asia, but one person says it could be seen as a “warning,” an analyst said.
Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system
Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at the FOMC’s March meeting, economist Jan Hatzius said.
China developer Country Garden sees 2022 loss amid property market slump
Top Chinese property developer Country Garden Holdings said on Monday it expected to swing to a net loss of up to $1.1 billion for 2022.
K-pop giant Hybe drops bid for SM Entertainment, ending takeover battle
Hybe’s withdrawal put an end to a weeks-long takeover battle with social media giant Kakao, and will allow Kakao to expand its entertainment business further.
What the failures of Signature, SVB and Silvergate mean for the crypto sector
The failure of crypto-focused banks once again showed the vulnerability of stablecoins, which can lose their peg in unusual financial situations.
Shares of this little-known global chip firm are set to rise by 50%, Barclays says
Barclays’ most bullish view on the global semiconductor stock gives it a whopping 233% potential upside from its current price.
‘Unprecedented growth’: Citi reveals its 4 top stocks in renewables right now
As the energy sector undergoes “transformational change,” Citi reveals four buy-rated stocks, including one with almost 50% upside.
Hong Kong stocks gain as China markets buck trend; investors weigh Silicon Valley Bank concerns
Asian markets trrade largely mixed as investors grapple with the fallout from the sudden collapse of Silicon Valley Bank
Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify
Silicon Valley Bank required some clients to agree to exclusivity clauses, disabling them from diversifying where they held their money, SEC records show.
