S. Korea Wary of Greater Market Volatility over Silicon Valley Bank Failure

SEOUL, March 12 (Korea Bizwire) — The collapse of the United States’ Silicon Valley Bank (SVB) could heighten volatility and uncertainties in the financial market, South Korea’s finance ministry said Sunday, vowing to beef up monitoring and swift responses to minimize potential impacts on the economy. On Friday, U.S. banking regulators shut down the startup-focused [...]