News Formal

Australian share market to see a ‘sea of red’ after Credit Suisse suffer financial irregularities

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

CommSec’s Ryan Felsman says it’s likely to be a “sea of red” on the Australian share market on Thursday after Credit Suisse reported financial irregularities.

5 minutes ago

“Also, at the same time, we have seen outflows from customers. “And then on top of that, its largest lender … the Saudi National Bank has come out and said it won’t provide any finance or liquidity for the bank because of regulatory concerns.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse shares fall 26% to record low as top shareholder rules out investing more – business liveCredit Suisse shares are sliding as its largest investor said it cannot provide the Swiss bank with more financial assistance
Source: GuardianAus - 🏆 1. / 98 Read more »