The U.S. dollar slid as authorities stepped in to cap the fallout from the sudden collapse of Silicon Valley Bank (SIVB.O), with investors hoping the Federal Reserve will take a less aggressive monetary path.

State regulators closed New York-based Signature Bank (SBNY.O), just two days after California authorities shuttered Silicon Valley Bank (SIVB.O), in a collapse that roiled global markets and stranded billions of dollars of deposits.

Facebook-parent Meta Platforms Inc (META.O) said that it would end the availability of news content for Canadians on its platforms if the country’s Online News Act passes in its current form.

ANZ Bank Pacific Economist, Dr. Kishti Sen, has warned against a rushed approach towards budget consolidation emphasizing the importance of a fiscally responsible strategy for budget repair.

Vanua Levu will be undergoing some huge development in tourism over the coming years.

The sugar mills in Fiji will soon have a refinery and an ethanol plant to diversify the products made in the mill.

The founders of Rise Beyond the Reef, a non-profit organization, have identified poverty, climate change, and market access as major obstacles faced by women farmers in remote and vulnerable communities.

Sugarcane farmers during a talanoa session in Labasa yesterday raised concerns regarding the challenges faced which includes the current per tonne payment.

The Fiji Development Bank’s women entrepreneurs’ loan repayment rates have been favorable, according to FDB Chief Executive Officer, Saud Minam.

Government is now accepting public submissions for the 2023-2024 National Budget.

Startup-focused lender SVB Financial Group (SIVB.O) became the largest bank failure since the financial crisis.

The Fiji Development Bank (FDB) has launched the National Small and Medium Enterprises (SME) Awards to recognize successful and innovative entrepreneurs who promote growth and resilience in Fiji’s SME sector.