Market Watch

Markets may not be out of the woods yet after ‘March madness’

Credit Suisse was struck by contagion fears after three US regional banks were hit by a liquidity crisis. PHOTO: REUTERS
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SINGAPORE - If ever there was a definition for “March madness”, last week could have been a pretty good fit.

A banking crisis, fears of contagion, memories of the 2008 financial crisis and economic data that was somewhat less market-friendly than hoped for.

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