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$PacWest Bancorp (PACW.US)$ confirmed it's in talks with several potential investors, seeking to calm markets. The concern over the health of US reginal lenders became the new focal point.
Shares in PacWest plummeted as much as 60% in after-hours US trading on Wednesday after Bloomberg News reported it was considering strategic options including a sale. The sudden decline in Wednesday's extended session wrapped in other ban...
Shares in PacWest plummeted as much as 60% in after-hours US trading on Wednesday after Bloomberg News reported it was considering strategic options including a sale. The sudden decline in Wednesday's extended session wrapped in other ban...
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$E-mini S&P 500 Futures(DEC4) (ESmain.US)$
There was a broad market sell-off after economic data related to inflation was released. This CPI report was a lot worse than expected. And it shows that, in the eyes of the consumer, inflation is high. This is bad for markets. It is still a lower CPI reading than last month which is good. But the market reacted very bearishly.
You can see in the picture below how the price began to...
There was a broad market sell-off after economic data related to inflation was released. This CPI report was a lot worse than expected. And it shows that, in the eyes of the consumer, inflation is high. This is bad for markets. It is still a lower CPI reading than last month which is good. But the market reacted very bearishly.
You can see in the picture below how the price began to...
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As the interest rate rise, the jostle for deposites has also begun.
Banks in Singapore have launched a series of fixed deposit promotions in the past month.
People always say you're alreay losing money due to inflation if you're not invested. But the market situation is not good, I don't really want to invest right now. So what should we do?
$FTSE Singapore Straits Time Index (.STI.SG)$ $SGX (S68.SG)$ $OCBC Bank (O39.SG)$ $UOB (U11.SG)$ $DBS Group Holdings (D05.SG)$
Banks in Singapore have launched a series of fixed deposit promotions in the past month.
People always say you're alreay losing money due to inflation if you're not invested. But the market situation is not good, I don't really want to invest right now. So what should we do?
$FTSE Singapore Straits Time Index (.STI.SG)$ $SGX (S68.SG)$ $OCBC Bank (O39.SG)$ $UOB (U11.SG)$ $DBS Group Holdings (D05.SG)$
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Due to the recent increase in food raw materials and operating costs, coupled with global inflation, many stores have decided to adjust the price of food slightly.
Besides, this additional cost for the ingredient, an essential in the steamed rice flour cake dish, would come on top of others.
The increase ranges from 10 or 20 cents for drinks up to S$1 for food, with seafood going up the highest. We al...
Besides, this additional cost for the ingredient, an essential in the steamed rice flour cake dish, would come on top of others.
The increase ranges from 10 or 20 cents for drinks up to S$1 for food, with seafood going up the highest. We al...
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