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India wins the Border-Gavaskar Trophy in 2023 for the fourth time in a row while Australia holds on for a scoreless draw in Ahmedabad.

Australia and India played in the final Test match at Ahmedabad to…

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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

On this Women’s Day, we need to stop portraying women as unable.

On this Women's Day, the entertainment industry may promise to do away…

Saurabh Tamhane
Saurabh Tamhane

Because I believe India’s bowling attack is weak, I believe these pitches are artificial. : Sunil Gavaskar

India won the first two Test matches against Australia in Nagpur and…

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WPL 2023: Kiran Navgire smashes fifty against GG despite having no sponsors and writing “MSD 07” on her bat.

The Women's Premier League (WPL) has only been going for a few…

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GST revenue for February fell month over month to Rs 1.50 lakh crore

For 12 months running, Goods and Services Tax receipts have surpassed Rs…

Saurabh Tamhane
Saurabh Tamhane
Engineering student dies by suicide

Telangana engineering student commits suicide due to the release of private photos

The woman apparently befriended a college student who had feelings for her.…

Saurabh Tamhane
Saurabh Tamhane
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ChatGPT: Technological Innovation Management for a Better Future

Rapid technological advancement has occurred. The Mosaic browser was introduced in 1993.…

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Potential Male Birth Control Pill Shows Promise in Early Lab Tests

Men have long had just two choices for birth control: condoms or…

Saurabh Tamhane
Saurabh Tamhane