The Insider’s View

Credit Suisse hit by legal action from US investors amid banking turmoil Complaint claims bank made ‘materially false and misleading statements’ in 2021 annual report US investors in Credit Suisse have hit the beleaguered Swiss bank…
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US lenders rescue First Republic Bank as global financial crisis fears grow Market sentiments improved after the fresh lifeline for First Republic Bank. It came just a day after major European lender Credit Suisse was rescued by the Swiss…
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US Fed’s meeting minutes to be closely watched by global investors today After the last FOMC meeting, new projections showed that policymakers anticipated inflation to end 2023 higher than they had previously predicted. The US Fed’s…
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Asian Markets Down As SVB Concerns Spread From Wall Street Asian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up…
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US encourages Pak to continue working with IMF to improve economy, business Pakistan is desperate to unlock the next tranche of a USD 6.5 billion loan facility with the IMF but struggles to meet tough conditions set by the…
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PepsiCo Global Business Services Center to expand headcount in Telangana Synopsis The Minister assured that the state government will extend all possible cooperation for all future investments of the company. PesiCo GBS is currently…
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Modern Plastics Nepal a Much Awaited Platform for the Plastics Industry for Knowledge Sharing and Much More Modern Plastics India and Modern Plastics Global Network is Happy to Announce the launching of Modern Plastics Nepal. The inaugural…
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US says it hopes to work closely with India to end Ukraine-Russia conflict India as the G20 host has a unique role to play in bringing about an end to the war in Ukraine due to its longstanding historical ties to Russia, the US has said…
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US invests $280bn in high tech to compete with China US President Joe Biden has signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears the country is losing its technological edge to China.…
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Drugs giant Eli Lilly caps monthly insulin costs in US at $35 Drug giant Eli Lilly has announced a $35 (£30) cap on the monthly costs patients face for insulin in the US, responding to outcry over the soaring cost of the diabetes…
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