HSBC launches up to $2 billion buyback on 235% first-half profit jump
HONG KONG HSBC Holdings reported a 235% increase in first-half profit on Tuesday, as it benefited from rising
2023-08-01 12:18
China new home prices fall for third month in July - survey
BEIJING Average new home prices in 100 Chinese cities fell for a third consecutive month in July, while
2023-08-01 11:58
Economists Downgrade Hong Kong Growth Forecasts After GDP Miss
Economists are downgrading their forecasts for Hong Kong’s economic growth this year following worse-than-expected data for the second
2023-08-01 11:52
FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout
FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims
2023-08-01 11:27
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the
2023-08-01 11:19
Blackstone Alum Doubles Down on Drone Startups After 600% IdeaForge Return
The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early
2023-08-01 11:17
Tencent Becomes Market Laggard as China Traders Sell
Tencent Holdings Ltd. has fallen out of favor with mainland Chinese investors burned by volatility and sentiment-driven trading.
2023-08-01 10:51
World’s Biggest Market for Sub-$100 Million IPOs Booms in India
Small is beautiful in India’s market for initial public offerings after the disappointment of hyped mega-share sales. From
2023-08-01 10:47
China Pledges More Loan Support to Business to Spur Economy
China has pledged to boost credit to private companies and extend other funding measures to small firms as
2023-08-01 10:46
Global Pile of Negative-Yield Debt Driven Toward Zero by BOJ
The world’s stockpile of negative-yielding debt looks to be grinding toward extinction as the Bank of Japan eases
2023-08-01 10:45
Yen eases to 3-week low as traders weigh BOJ shift; focus on RBA
By Ankur Banerjee SINGAPORE The yen slipped to a fresh three-week low on Tuesday as traders pondered the
2023-08-01 10:25
Country Garden shares slump after share sale scrapped
HONG KONG Shares of Chinese property giant Country Garden plunged as much as 10.8% in early trading on
2023-08-01 10:22