International News 2024-01-09T20:22:49.000Z

– Federal Reserve signals additional rate hikes to combat inflation despite banking sector stress.
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– Credit Suisse takeover by UBS aims to stabilize financial markets amid bank woes.
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– Asian markets react cautiously to US and European bank interventions.
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– Goldman Sachs predicts mild US recession in 2023 due to banking sector uncertainty.
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– Bitcoin and cryptocurrencies rise as investors seek alternative assets amidst financial uncertainty.
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– US Treasury yields fluctuate following Federal Reserve’s interest rate decision.
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– IMF urges coordinated global action to address banking vulnerabilities.
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– Tech stocks rebound while bank stocks remain volatile in the aftermath of recent bank collapses.
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– China’s regulatory crackdown on tech firms raises concerns among global investors.
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– European Central Bank sticks to its rate-hike path despite banking sector turmoil.
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