The Latest Breaking News from Silicon Valley Bank

Plus: The editors recommend the best books for sparking interest in free market principles.

The baht on Monday surged against a significant fall in the US dollar mainly due to the sudden collapse of Silicon Valley Bank (SVB) and the market's expectation that the US Federal Reserve (Fed) would slow down its policy rate hikes.

Prime Minister Prayut Chan-o-cha has ordered all relevant officials to keep an eye on the impact of the collapse of Silvergate Bank and Silicon Valley Bank (SVB) in the United States on Thailand's financial system.

Developers are more worried about the impact on the housing market of future interest rate hikes by the US Federal Reserve than they are about the sudden collapse of Silicon Valley Bank (SVB).

The Finance Ministry is closely monitoring the collapse of Silicon Valley Bank (SVB) to see if it has any impact on Thailand, says Finance Minister Arkhom Termpittayapaisith.

SVB’s failure was the biggest bank collapse since Washington Mutual Bank in 2008.

Bank runs, by their very nature, happen fast. But in an age of instant communication, social media and money transfers at the touch of a button, they can now happen in the blink of an eye.

Silicon Valley Bank and Signature Bank failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time. The failures at SVB and Signature were two of the three biggest…

For those with plenty of liquid assets, knowing how FDIC insurance works can save potential headaches down the line.

Australian stocks end sharply lower, as markets across the region take a tumble after US bank stocks suffered their biggest falls in 2.5 years. Here's how the day's events unfolded on the ABC News markets blog.

Bank failure reaches far beyond ‘coastal-tech-elite’