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You are here: Home / Archives for US Top News and Analysis

Swiss central bank hikes interest rates by 50 basis points despite Credit Suisse turmoil

March 23, 2023 by US Top News and Analysis

The Swiss central bank has increased rates by 50 basis points, taking its policy rate to 1.5%.

Filed Under: Uncategorized

Ukraine signals counterattack to come ‘very soon’ as Wagner mercenaries suffer large losses

March 23, 2023 by US Top News and Analysis

Ukraine is recovering from a barrage of missile and drone strikes unleashed on the country Wednesday after China’s Xi Jinping left Moscow following talks.

Filed Under: Uncategorized

China will make up nearly 40% of the rise in global oil demand in 2023, Wood Mackenzie says

March 23, 2023 by US Top News and Analysis

The research firm said in a report it views China’s reopening as the “single biggest demand driver” for a recovery in oil demand this year.

Filed Under: Uncategorized

European lawmakers are quietly miffed at U.S. regulators over SVB’s collapse

March 23, 2023 by US Top News and Analysis

Regulators and officials across the European Union have been nervous about potential contagion to their own banking sector.

Filed Under: Uncategorized

Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds

March 23, 2023 by US Top News and Analysis

Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a controversial part of the lender’s emergency sale to UBS.

Filed Under: Uncategorized

Tencent’s online ad revenue grows for the first time in more than a year

March 23, 2023 by US Top News and Analysis

Chinese tech giant Tencent reported Wednesday better-than-expected quarterly revenue, helped by growth in ads within its growing “video accounts” business.

Filed Under: Uncategorized

Is Nvidia’s valuation justified? One bullish fund manager gives two reasons to own the stock

March 23, 2023 by US Top News and Analysis

A 100% jump in Nvidia shares in the last six months has led some to question its extraordinary valuation, but one fund manager continues to back the stock.

Filed Under: Uncategorized

Relativity’s first 3D-printed rocket launches successfully but fails to reach orbit

March 23, 2023 by US Top News and Analysis

Relativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket late on Wednesday night.

Filed Under: Uncategorized

China’s military claims U.S. warship illegally entered waters in South China Sea

March 23, 2023 by US Top News and Analysis

The U.S. Navy disputed the Chinese military statement, saying the destroyer is conducting “routine operations” in the South China Sea and was not expelled.

Filed Under: Uncategorized

Bitcoin at $100,000? Insiders say the cryptocurrency could test new highs this year

March 23, 2023 by US Top News and Analysis

The predictions of new record highs mark a more optimistic outlook than in January when industry executives told CNBC they expected 2023 to be a year of caution.

Filed Under: Uncategorized

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