*GLOBAL STOCKS RISE ON RATE PAUSE BETS, APPLE EARNINGS; U.S BANK ROUT RUMBLES ON
SINGAPORE - Asian stocks rose, the dollar eased and gold hovered near record highs on Friday, as investors worried that a rout in shares of U.S. regional lenders earlier this week could herald more trouble for the banking sector.
"There is increasing nervousness about the banking problems in the U.S. and I fear that the central banks are going too far," said Shane Oliver, chief economist at AMP Capital in Sydney. Wall Street ended lower on Thursday after Los Angeles-based PacWest Bancorp's move to explore strategic options deepened fears about the health of U.S. lenders as pressure grows on regulators to take more steps to shore up the country's banking sector. [.N]
"There is a risk that we enter a self-fulfilling cycle of negative sentiment leading to lower stock prices, higher funding costs and deposit flight," said James Rutherford, head of European equities at Federated Hermes .
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Reuters World News: Why Chinese migrants are arriving at the U.S.-Mexico border on Apple PodcastsWhy are Chinese migrants arriving at the US-Mexico border? micarosenberg and DEER_ECHO_ join us on a weekend edition of Reuters World News to explain
Les mer »
Apple iPhone sales inch up, bolstering results amid shaky economy By Reuters*APPLE REPORTS BETTER THAN EXPECTED QUARTER DRIVEN BY IPHONE SALES $AAPL
Les mer »
Bloomberg Businessweek: Day Two, Part One at the Milken Global Conference on Apple Podcasts📻 “These higher rates, these slowing economies, they are creating an environment where people are starting to have problems.” The Businessweek podcast discusses the Fed — and how to see growth in distressed opportunities
Les mer »
Paramount Global shares fall over 25% after weak earnings report, dividend cutParamount Global shares plummet as company cuts dividend and earnings miss estimates.
Les mer »
Shares of Bumble rally after share buyback, amid ‘global epidemic of loneliness’Dating-app platform Bumble Inc. on Thursday said its board had approved a $150 million share buyback program, and the company forecast full-year sales that...
Les mer »