Jihye Lee

Asia-Pacific banks are “resilient to risks” highlighted by failures seen in U.S. banking sector, Fitch Ratings said Thursday.

Asian markets rose after Wall Street’s bank stocks rebounded on optimism of contagion risk from Silicon Valley Bank is being contained.

Asia markets tumbled in a volatile session, continuing sharp losses seen on Wall Street as investors grapple with the fallout of failed banks in the U.S., including Silicon Valley Bank.

Asian markets fall as investors grapple with the fallout from the sudden collapse of Silicon Valley Bank

Analysts say the collapse of Silicon Valley Bank is not likely to have a major contagion effect in Asia, but one person says it could be seen as a “warning,” an analyst said.

Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at the FOMC’s March meeting, economist Jan Hatzius said.

The Bank of Japan left its negative interest rate unchanged at -0.1%, widely in line with expectations.

Asia is falling far behind its regional peers in terms of female boardroom representation, analysis from MSCI and BofA Securities showed.

As Federal Reserve Chair Jerome Powell hints at bigger and possibly faster rate hikes ahead for the U.S., Australia’s central bank could be headed toward a different path.

BlackRock’s chief investment officer of global fixed income Rick Rieder wrote in response to Fed Chair Jerome Powell’s testimony before a Senate committee.