International Economic
European banks can weather market turmoil, says S&P
European banks can weather the recent market turmoil, according to Standard & Poor’s.
US existing home sales jump in February, prices dip
Second-hand home selling activity in the US jumped last month by the most since July 2020 amid a dip in prices.
First Republic bounces back amid talks led by JP Morgan's Dimon for new rescue plan
Shares of First Republic Bank were bouncing back following reports that US bank chiefs were in discussions over a new rescue plan to stabilise the lender.
Europe construction output shows healthy growth in January
Construction output in Europe showed significant growth in January compared to the previous month, According to data from Eurostat, the statistical office of the European Union, released on Tuesday.
Washington ready to act if necessary, deposit outflows have stabilised, Yellen says
The Secretary of the Treasury of the United States was set to tell a banking industry group that Washington would provide additional support if needed but that deposit outflows had stabilised.
German investor sentiment deteriorates in March - ZEW
German business sentiment deteriorated more than expected in March amid concerns about the banking crisis, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.