Want to create an interactive transcript for this episode?
Podcast: Trending Middle East
Episode: Credit Suisse shares sink, global oil demand to rise ‘sharply’ — Trending
Description: Trending Middle East brings you the latest social media and search trends from the region and around the world.
On today's episode, Switzerland's financial regulator Finma and the central bank move to ease investor fears concerning Credit Suisse by saying it “meets the capital and liquidity requirements imposed on systemically important banks”. They also say the central bank is ready to extend liquidity support, if required to do so.
The International Energy Agency expects global oil demand to rise “sharply” this year amid a rebound in air traffic and pent-up Chinese demand. Oil demand growth will “ac...