Credit Suisse Flags Possible Charge from Greensill Fallout

Credit Suisse on Tuesday warned it might incur charges following the collapse of its Greensilllinked supply chain finance funds and other dealings with the specialty firm. The lender has been facing the fallout from the collapse of 10 billion worth of funds linked to British financial services firm Greensill Capital, which last week filed for […]
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Oil Drops amid Rising Stockpiles, COVID19 Demand Concerns

Oil prices dropped on Tuesday, extending declines to three consecutive days, as rising stockpiles in the United States added to the risks to a demand recovery after countries including Germany and France halted COVID19 vaccinations. Brent crude was down 69 cents, or 1, at 68.19 by 0531 GMT, having dropped 0.5 on Monday. U.S. crude […]
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Indian Shares Gain on Boost from Tech Stocks

BENGALURU, March 16 Reuters Indian shares rose on Tuesday, supported by gains in IT stocks, while global equities advanced ahead of a slew of central bank meetings, starting with the U.S. Federal Reserve. The NSE Nifty 50 index rose 0.51 to 15,005.85 by 0457 GMT, while the SP BSE Sensex climbed 0.61 to 50,703.15. Both […]
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JGB Yields Track U.S. Treasuries Lower ahead of Fed Meeting

Japanese government bond JGB yields fell on Tuesday, tracking a slide in U.S. in Treasuries as investors await the outcome of this weeks Federal Reserve meeting. The yields decline also comes amid the Ministry of Finances liquidityenhancing auction that was in line with investors expectations, a market participant said. A bidtocover ratio for the sale […]
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