Credit Suisse takes US$4.7bn hit

Credit Suisse Group AG yesterday said that it had taken a US$4.7 billion hit from its links to troubled hedge fund Archegos Capital Management LLC, cut dividends and announced the departure of two ... ( read original story ...)

France reaches EU deal for Air France aid

“We have an outline agreement with European Commissioner Margrethe Vestager about new financial aid for Air France,” French Minister of Finance Bruno Le Maire said on the RTL political broadcast Le ... ( read original story ...)

Fund collapse highlights instability

The churn in the market is sparking talk of more financial regulation. In the wake of GameStop ... Final decision will be at the discretion of the Taipei Times. ( read original story ...)