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In India, the first Galaxy Z Flip rival was released.

The foldable form factor will be a major trend in 2023, according…

Saurabh Tamhane
Saurabh Tamhane
Since Friday, the combined market value of the firms tracked by the MSCI Global Financials Index and the MSCI EM Financials Index has decreased by nearly $465 billion. As investors reduced their exposure to lenders from New York to Japan in the wake of Silicon Valley Bank's failure, the market value of global financial equities fell by $465 billion in only two days. The MSCI Asia Pacific Financials Index fell as much as 2.7% today, reaching its lowest level since November 29 as losses escalated. In Japan, Mitsubishi UFJ Financial Group Inc. dropped as much as 8.3%, Hana Financial Group Inc. dropped 4.7%, and ANZ Group Holdings Ltd. lost 2.8%. There are worries that financial institutions' investments in bonds and other securities may have an impact on the anxiety brought on by the SVB. As a result of predictions that the Federal Reserve will delay hiking rates owing to the turbulence in the banking sector, Treasury yields fell on Monday. Investors cut exposure to lenders in the wake of Silicon Valley Bank's collapse. (File) As investors reduced their exposure to lenders from New York to Japan in the wake of Silicon Valley Bank's failure, the market value of global financial equities fell by $465 billion in only two days. The MSCI Asia Pacific Financials Index fell as much as 2.7% today, reaching its lowest level since November 29 as losses escalated. In Japan, Mitsubishi UFJ Financial Group Inc. dropped as much as 8.3%, Hana Financial Group Ltd. of South Korea dropped 4.7%, and ANZ Group Holdings Ltd. of Australia dropped 2.8%. There are worries that financial institutions' investments in bonds and other securities may have an impact on the anxiety brought on by the SVB. As a result of predictions that the Federal Reserve will delay hiking rates owing to the turbulence in the banking sector, Treasury yields fell on Monday. "The financial markets are walking on eggshells," John Woods, Credit Suisse Group AG's chief investment officer for Asia-Pacific, said in an interview with Bloomberg Television. "We must know with certainty what effect this is likely to have on the larger market. My impression is that the Fed will probably take a break since, in my opinion, the liquidity risk is the main factor at play." Since Friday, the combined market value of the firms tracked by the MSCI Global Financials Index and the MSCI EM Financials Index has decreased by nearly $465 billion. While the KBW Regional Banking Index fell 7.7% on Monday, the biggest drop since June 2020, US regional banks were among the worst hit. Given their strong deposits, asset mix, and liquidity, major northern Asian banks generally have "little danger of the rapid run on deposits that crushed Silicon Valley Bank," according to a note by Bloomberg Intelligence analyst Francis Chan. Micro lenders may carry credit and liquidity concerns that are readily missed. According to statistics on over 130 Asia Pacific lenders with more than $5 billion in assets compiled by Bloomberg, Japanese banks consistently rank among the highest unrealized loss-to-equity ratios in the region. Among those having unrealized loss-to-equity ratios of at least 9% are Jimoto Holdings Ltd., Tsukuba Bank Ltd., and Fukushima Bank Ltd. Each of the three, with market values under $150 million, has decreased more than 10% in just three days. Since December, Japanese financial equities have increased on hints that the country's central bank is shifting away from ultra-loose monetary policy and towards tightening. Post a comment "I'm selling banks and insurers today," said Taku Ito, chief fund manager at Nissay Asset Management Corp. "No doubt it's a defeat but I think a lot of fund managers are also doing the same because bank shares had been rising and a lot of growth managers have been increasing bank shares." Read More :- https://worldthirdeye.com/health-tips-for-todays-generation/
$465 Billion

Global Financial Stocks Lose $465 Billion In 2 Days On SVB Impact Worry

Stocks : Since Friday, the combined market value of the firms tracked…

Saurabh Tamhane
Saurabh Tamhane

Government Criticizes London Comments by “Rahul Gandhi, In Shameless Way”

Rahul Gandhi's comments in front of the Lok Sabha were denounced by…

Saurabh Tamhane
Saurabh Tamhane

Elon Musk declares that he is “open” to the possibility of purchasing Silicon Valley Bank.

It all began when Min-Liang Tan, the CEO of Razer, suggested that…

Saurabh Tamhane
Saurabh Tamhane
Tata Technologies Files For IPO; Tata Motors, Other Investors To Sell 23.6%
Files For IPO

Tata Technologies Files For IPO; Tata Motors, Other Investors To Sell 23.6%

By Tata Motors, Alpha TC Holdings, and Tata Capital, the Tata Technologies…

Saurabh Tamhane
Saurabh Tamhane
Lockdown-Like Situation In "Gas Chamber" Kochi After Waste Plant Fire
Gas Chamber

Lockdown-Like Situation In “Gas Chamber” Kochi After Waste Plant Fire

Citizens of Kerala's Kochi have reported respiratory issues as a result of…

Saurabh Tamhane
Saurabh Tamhane

Anshula Kapoor: As his sister Anshula enters the stage, Arjun Kapoor turns to cheer her on and says, “I hope your mom is smiling.”

At Lakme Fashion Week, Anshula Kapoor became the star. Her biggest supporter…

Saurabh Tamhane
Saurabh Tamhane

5 ways to celebrate yourself via self-care

While it's crucial to support one another, it's equally crucial to remember…

Saurabh Tamhane
Saurabh Tamhane

The Apple Music Classical app is currently available for pre-order and will launch on March 28.

The highly-anticipated Apple Music Classical app is now available for pre-order on…

Saurabh Tamhane
Saurabh Tamhane