The Collapse Of 3 US Banks & Its Impact On Asia
Carlos Casanova, Senior Economist, UBP
15-Mar-23 07:00
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Asian markets plunged on Tuesday following the crash on Wall Street and Europe precipitate by the failures of Silicon Valley Bank, Signature Bank and Silvergate Bank. Carlos Casanova, Senior Economist at UBP breaks down how these developments might impact Asian equities and more, with Wall Street subsequently staging a recovery.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Keith Kam, Shazana Mokhtar
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Categories: markets, economy, international
Tags: china gdp growth target, silicon valley bank, asian equities, bank of japan,