LONDONTOKYO, March 28 Reuters The U.S. dollar fell slightly on Tuesday as receding fears of a fullblown banking crisis slowed demand for socalled safe haven assets. The yen rallied, despite traditionally also being a safe haven, with analysts pointing to a pickup in flows ahead of the end of Japan39;s fiscal year on Friday. The […]

LONDON, March 28 Reuters Sterling hovered around a twomonth high on Tuesday as the Bank of England BoE said Britain was not experiencing stress linked to the demise of Silicon Valley Bank SVB and Credit Suisse. BoE Governor Andrew Bailey told parliament39;s Treasury Committee in a hearing on SVB I don39;t think that any, and […]

LONDON, March 28 Reuters Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank helped alleviate some of the recent concern about the health of the banking sector. U.S. banking regulators said on Monday they planned to tell Congress that the overall […]

European stocks extend recovery U.S. dollar down around 0.2 March 28 Reuters Gold prices steadied on Tuesday, recouping earlier losses on a softer dollar, while investors favoured higherrisk assets as banking worries eased and pushed bullion further away from the 2000 mark it reached last week. Having ended lower in the last two sessions, spot […]

JOHANNESBURG, March 28 Reuters South Africa39;s rand strengthened against the dollar in early trade on Tuesday after efforts by regulators to allay fears over the global banking system fuelled risk appetite. At 0642 GMT, the risksensitive rand traded at 18.2900 against the dollar, 0.16 stronger than its previous close. The dollar index , which measures […]

MUMBAI, March 28 Reuters The Indian rupee was trading higher versus the U.S. currency on Tuesday, boosted by the carry return of running short dollar positions on account of the upcoming change in the fiscal year. The rupee was at 82.1825 to the dollar by 11.14 a.m. IST compared with 82.37 in the previous session. […]

BENGALURU, March 28 Reuters Shares of Adani Group companies tumbled on Tuesday after a report said the conglomerate was seeking to renegotiate terms of outstanding loans worth 4 billion taken last year to buy cement firms ACC and Ambuja Cements. The group39;s flagship firm, Adani Enterprises, slid nearly 8 to a near fourweek low, while Adani […]

The 10 MSCI Singapore firms with the best ESG disclosure have delivered an average return that was 8 percentage points higher than the bottom 10 companies over the past three years while exhibiting lower volatility.