Deutsche Bank shares fell 11% on Friday after a spike in credit default swaps on Thursday night, as concerns about the stability of Europe's banks persisted.
China said that it would "strongly oppose" a forced sale of TikTok from its parent ByteDance, as the app faced intense scrutiny and a potential ban in U.S.
Block shares plunged after noted short seller Hindenburg Research said the company's flagship Cash App facilitates crime and lacks strong compliance controls.
Crypto firm Tether estimates it will make $700 million in profit in the March quarter, taking its total excess reserves to over $1.6 billion, its CTO said.
The EU says it is hoping to provide more clarity to consumers so that when a product is sold as green, they can trust that it is environmentally friendly.
India is ramping up spending on its aviation industry by billions of dollars, but its outbound travel market is unlikely to overtake China's anytime soon.
Shou Zi Chew's testimony did not seem to quell many concerns that lawmakers had about its connections to China or the adequacy of its risk mitigation plan.
TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app.
Emergency federal actions to back up customers of Silicon Valley Bank and Signature Bank could be used again if necessary, Treasury Secretary Janet Yellen said.
Treasury Secretary Janet Yellen has not discussed or considered any plans to guarantee all bank deposits following the Silicon Valley Bank collapse, she said.