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2023

Markets mixed as traders weigh US support after SVB collapse

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Hong Kong (AFP) March 13, 2023
Equity markets were mixed Monday as US pledges to backstop troubled lenders helped soothe concerns about the US financial sector following the closure of two banks over the weekend. The collapse Friday of Silicon Valley Bank, which specialised in venture-capital financing largely in the tech sector, came after a huge run on deposits left it unable to stay afloat on its own. That came in














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