Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which it set off fears of a meltdown in the banking industry.
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Silicon Valley Bank slams global shares, US payrolls loomGlobal shares hit a two-month low as investors dumped banks on fears of contagion after a capital raising at Silicon Valley Bank, with U.S. payrolls figures also a focus ahead of the Federal Reserve meeting later this month. | Reuters
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Cainta schools to extend online and modular classes until Friday, March 10The Cainta Municipal Government has recommended the continuation of online and modular classes in all public and private schools in the municipality until Friday, March 10.
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Japan oil removal and control experts to fly to Philippines on FridayThe team of Japanese oil removal and control experts that would aid the country in the ongoing oil spill cleanup in Oriental Mindoro will be leaving for the Philippines on Friday, the Japanese Embassy said Thursday.
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Pentagon chief visits Israel amid West Bank violence, anti-Netanyahu protestsLloyd Austin lands in Ben Gurion Airport for a visit that has been hastily rescheduled due to a surge in street protests against Israeli Prime Minister Benjamin Netanyahu's plan to overhaul the judiciary.
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US pick to lead World Bank, Ajay Banga, wins more supportOver 50 people sign a declaration backing Ajay Banga as ‘the right person to lead the World Bank at this critical moment.’
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