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The Business Station
The Collapse Of 3 US Banks & Its Impact On Asia
12 mins·07:00, 15 Mar 2023
The Collapse Of 3 US Banks & Its Impact On Asia
12 mins
·
07:00, 15 Mar 2023
·
Recommended
Guest: Carlos Casanova, Senior Economist, UBP
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
Presenter: Keith Kam, Shazana Mokhtar
Producer: Michael Gong
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