HONG KONG -- Asian stock markets were mixed on Monday after the U.S. Federal Reserve took emergency action to shore up the financial system following the collapse of Silicon Valley Bank.
Finance
Asian markets mixed after Fed responds to bank failure
U.S. central bank calms investors with guarantee of Silicon Valley Bank deposits
Many Asian markets appeared to be reassured by a statement from the U.S. Federal Reserve that it would move to limit any "contagion" from the collapse of Silicon Valley Bank. © Reuters
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