Bitcoin's price jumped in a broad-based rally for cryptocurrencies Monday, after US regulators stepped in to bail out customers with money in Silicon Valley Bank.
Helium’s IoT-Crypto Network Is Barely Hanging On in Lebanon
People in the country hoped to earn a steady payout from Wi-Fi hot spots. But many are left holding useless hardware.
After SVB failure, regulators close crypto-friendly bank Signature Bank
Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on Sunday — customers will be made whole. Regulators ...
US futures fall as US bank failures make markets jittery
Bank stocks sagged and U.S. stock futures were mixed ahead of the market’s open in New York, shaken by worries the biggest U.S. bank failure in nearly 15 years might have ripple effects ...
Japan loosens COVID-19 rules, but many keep masking
Many Japanese residents took a cautious approach on Monday to the government easing COVID-19 restrictions, choosing the keep wearing masks on the morning commute and in many public spaces.
Asian shares mixed despite jitters after US bank failure
Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world. TOKYO (AP) — Asian ...
U.S. moves to protect all deposits at Silicon Valley Bank in bid to stem wider fallout
After shutting down one of the tech industry’s top banks Friday, federal authorities took extraordinary steps to head off a broader financial crisis before markets reopened for Monday trading.
First Republic Bank shares fall more than 60% after collapse of SVB, Signature
Shares of First Republic Bank tanked by nearly 70% in pre-market trading on Monday — just hours after federal regulators announced that they would step in and assume control of failed lenders Silicon ...
Europe’s bank shares plunge, bonds rally despite SVB rescue effort
Europe's bank shares suffered their biggest fall in over a year and bond markets saw a gigantic repricing of rate hike bets on Monday as global efforts to limit the fallout from the collapse of ...
Japan Nikkei tumbles on fears over US financials
Japan share market finished deeper into sea of red on Monday, 13 March 2023, as risk-averse mood spurred amid contagion fears after the failure of US regional lender Silicon Valley Bank. The 225-issue ...
Masks stay put in Japan even as 3-year request to wear them ends
Dropping the mask-wearing request is one of the last steps Japan’s government is taking in easing Covid-19 rules in public places as it tries to expand business and other activity. ( read original story ...)
Japan’s Kenzaburo Oe, Awarded Nobel For Poetic Fiction, Dies
Nobel literature laureate Kenzaburo Oe, who was also an outspoken anti-nuclear and peace activist, has died at age 88. ( read original story ...)
Japan’s Nidec lines up five execs as chairman contenders
Japanese electric motor company Nidec Corp on Monday lined up five contenders to eventually take the reins as chairman from the firm's no-nonsense 78-year-old founder, Shigenobu Nagamori. ( read original story ...)
South Korean plaintiffs in Japan forced labour cases reject compensation plan
The three surviving South Koreans who have won court cases over being forced to work under Japanese colonial rule have formally rejected a government compensation plan, potentially throwing up legal obstacles for Seoul as it seeks to mend ties with Tokyo. ( read original story ...)
What’s Happening With Crypto in Argentina? (Podcast)
Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify. In a way, the state of crypto can be an indicator indicative of how much confidence people have in a ...
Bitcoin jumps 10% with crypto market topping $1 trillion as U.S. creates backstop for SVB depositors
Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon Valley Bank and HSBC bought the bank's U.K. arm.