Westpac’s October announcement that it no longer planned to sell its remaining businesses in Papua New Guinea and Fiji, and its statement …
Economy
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EconomyPapua New Guinea
Papua New Guinea leader hopes for security wins from China visit
by adminby adminBy Harlyne Joku for BenarNews 2023.10.09, Port Moresby Updated October 9, 2023, 10:04 a.m. ET Papua New Guinea’s prime minister said he …
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Economy
‘Already past the point of no return’: JPMorgan says the U.S. is probably headed for a recession as economic ‘engines are about to turn off’
by adminby adminA series of banking crises this month headlined by the failure of Silicon Valley Bank has forced analysts from multiple banks, including …
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(Bloomberg) — Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into …
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By David French, Echo Wang and Alun John Summary March 10 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) became the largest …
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Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to …
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EconomyFeatured
Hunt scrambles to protect UK tech from Silicon Valley Bank collapse
by adminby adminStart-ups warn of ‘moment of crisis’ as industry leaders say many could be ‘technically insolvent’ More than 200 UK-based tech company executives …
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EconomyFeatured
Silicon Valley Bank failure could wipe out ‘a whole generation of startups’
by adminby adminMarch 11, 20232:00 AM ETBobby Allyn Stefan Kalb was in the middle of a meeting around 1 p.m. on Thursday when a …
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Economy
Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours
by adminby adminKey Points: On Wednesday, Silicon Valley Bank was a well-capitalized institution seeking to raise some funds. Within 48 hours, a panic induced by the very …
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The newly released “Well-being In Vanuatu” analysis report examines life quality through profiles of happiness, access, knowledge, physical health, and social resilience. …