Hsbc Report

Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.

The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.

Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.

The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.

Economists at HSBC Securities and Capital Markets expect domestic demand to remain stronger as compared to global demand, adding that demand for goods - higher than services demand during the pandemic - has fallen in recent months.

HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer's thinking said, adding the move could unlock up to $35 billion in value.

HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth.

Huawei has reported record profit for 2021 defying US sanctions as the company’s CFO Meng Wanzhou made her first public appearance since returning to China from Canadian custody.

HSBC Holdings reported a surprise 74% rise in third quarter profit as concerns about pandemic-related bad loan receded, allowing it to announce a share buyback of $2 billion.

Cars with greater fuel efficiency and low maintenance cost are expected to attract more buyers, says HSBC Global Research report

The author of a report alleging institutional racism inside HSBC has resigned, citing frustration at its response to some of his criticism and a lack of support from white colleagues, two internal emails seen by Reuters show.

HSBC Holdings Plc said India's potential growth could drop to 5% in the post-pandemic world from 6% on the eve of the outbreak and more than 7% before the global financial crisis.

Europe's largest bank is a possible candidate for China's "unreliable entity list" that aims to punish firms, organizations or individuals that damage national security.

The new recruiters for 2019-2020 academic year included Google, AstraZeneca, Tredence, HSBC and Ninjacart.

HSBC said it could not provide a comment as the bank is in a closed period ahead of reporting full-year results for 2019.The cuts come as the bank's interim chief executive Noel Quinn prepares to update investors on the lender's new strategy when it reports the results on Feb

Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.

The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.

Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.

The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.

Economists at HSBC Securities and Capital Markets expect domestic demand to remain stronger as compared to global demand, adding that demand for goods - higher than services demand during the pandemic - has fallen in recent months.

HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer's thinking said, adding the move could unlock up to $35 billion in value.

HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth.

Huawei has reported record profit for 2021 defying US sanctions as the company’s CFO Meng Wanzhou made her first public appearance since returning to China from Canadian custody.

HSBC Holdings reported a surprise 74% rise in third quarter profit as concerns about pandemic-related bad loan receded, allowing it to announce a share buyback of $2 billion.

Cars with greater fuel efficiency and low maintenance cost are expected to attract more buyers, says HSBC Global Research report

The author of a report alleging institutional racism inside HSBC has resigned, citing frustration at its response to some of his criticism and a lack of support from white colleagues, two internal emails seen by Reuters show.

HSBC Holdings Plc said India's potential growth could drop to 5% in the post-pandemic world from 6% on the eve of the outbreak and more than 7% before the global financial crisis.

Europe's largest bank is a possible candidate for China's "unreliable entity list" that aims to punish firms, organizations or individuals that damage national security.

The new recruiters for 2019-2020 academic year included Google, AstraZeneca, Tredence, HSBC and Ninjacart.

HSBC said it could not provide a comment as the bank is in a closed period ahead of reporting full-year results for 2019.The cuts come as the bank's interim chief executive Noel Quinn prepares to update investors on the lender's new strategy when it reports the results on Feb