U.S. central bank calms investors with guarantee of Silicon Valley Bank deposits
Many Asian markets appeared to be reassured by a statement from the U.S. Federal Reserve that it would move to limit any “contagion” from the collapse of Silicon Valley Bank.
KENJI KAWASE, Nikkei Asia chief business news correspondent | China
HONG KONG — Asian markets were mixed in midday trading after the U.S. Federal Reserve took emergency action to shore up the financial system following the collapse of…
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