Saturday, March 18, 2023

Tag Archives: Wall Street

Asia stocks up as Wall Street climbs on tech

BANGKOK (AP) — Asian stock markets powered higher Thursday after a U.S. communications company posted a surprise jump in earnings that led to big gains in technology stocks and new highs on Wall Street. Markets took additional encouragement from the release of minutes from the U.S. Federal Reserve’s March meeting, which showed a majority of policymakers in favor of continuing …

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Asian and European banks join US in swap dealer line-up

Asian and European banks registered as US swap dealers this week, joining Wall Street rivals in complying with new rules that aim to shed light on the opaque US$650 trillion derivatives market. Deutsche Bank, Commerzbank, Societe Generale, BNP Paribas and Nomura were among the swap dealers listed in the registry of the National Futures Association (NFA), a US regulator. But …

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