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Global financial stocks lose $465B on SVB impact worry

Global financial stocks have lost $465 billion in market value in two days as investors cut exposure to lenders from New York to Japan in the wake of Silicon Valley Bank’s collapse. Losses widened Tuesday, with the MSCI Asia Pacific Financials Index dropping as much as 2.7 percent to the… ....

Francis Chan , Hideyuki Sano Bloomberg , Aya Wagatsuma , Jeanny Yu , John Woods , Asia Pacific , Ishika Mookerjee , Taku Ito , Benjamin Fanjoy , First Republic Bank , Silicon Valley Bank , Korea Hana Financial Group Inc , Financial Group Inc , Credit Suisse Group , Jimoto Holdings Inc , Bloomberg Television , Tsukuba Bank Ltd , Federal Reserve , Fukushima Bank Ltd , Group Holdings Ltd , Nissay Asset Management Corp , Mitsubishi Ufj , New York , Pacific Financials Index , South Korea , Hana Financial Group ,

Japan's stockmarket gets a boost from the weak yen

Japan’s stockmarket has outperformed so far this year, with corporate profits at their highest since 1954 and a weak yen inflating overseas earnings. ....

Yann Rousseau , Daniel Blake , Morgan Stanley , Yoshiaki Nohara , Aya Wagatsuma ,