HSBC says 2021 profit triples to $12.6B, outlook ‘good’
HONG KONG (AP) — HSBC PLC on Tuesday reported 2021 profit more than tripled to $12.6 billion as the bank…
War, Market Jitters Threaten Europe’s IPO Launch Season
By Lucy Raitano (Reuters) – March was expected to be a busy window for Europe’s stock market listings, but a…
Asian stocks rebound after Wall St falls on Ukraine tensions
BEIJING (AP) — Asian stock markets rebounded Wednesday after Wall Street slid on anxiety over President Vladimir Putin’s authorization to…
HSBC Says Hong Kong COVID Clampdown May Hurt Ability To Hire, Keep Staff
LONDON/SINGAPORE (Reuters) – HSBC said Hong Kong’s strict curbs on travel and social interaction are hurting the economy and may…
Yen Firm, Euro Falters As Ukraine Crisis Deepens
By Tom Westbrook SINGAPORE (Reuters) – The safe-haven yen hit a near three-week high and the euro touched a one-week…
Toshiba Says 3D Drops Part Of Proposal On Articles Of Incorporation
TOKYO (Reuters) – Japan’s Toshiba Corp said on Tuesday that a major shareholder, 3D Investment Partners, had withdrawn part of…
China Plans Bigger Tax Cuts In 2022 To Prop Up Slowing Growth
BEIJING (Reuters) -China will unveil bigger tax and fee cuts this year and step up payments to local governments to…
HSBC Annual Pretax Profit More Than Doubles, Brings Forward Key Target
SINGAPORE (Reuters) -HSBC Holdings on Tuesday reported annual pre-tax profit more than doubled as the Asia-focused bank reversed hefty credit…
Japan Finance Minister Says Tokyo Will Coordinate With G7 In Dealing With Ukraine
TOKYO (Reuters) – Japan will coordinate with the Group of Seven (G7) advanced economies in dealing with the Ukraine situation,…
Stocks Slide, Oil Jumps As Russia Orders Troops To Ukraine Regions
By Tom Westbrook and Xie Yu SINGAPORE (Reuters) – Oil jumped to a seven-year high, safe-havens rallied and U.S. stock…