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Tag: banking

Posted on 06/12/2023

Apple Stock Rallies To 4-Month High—Market Cap Tops $3 Trillion Again

Apple’s market capitalization crossed the elusive $3 trillion threshold again Tuesday as its stock rallied to a four-month high amid projections about a booming holiday quarter for the Silicon Valley ... ( read original story ...)

Posted on 05/12/2023

Stock market today: Wall Street retreats after Moody’s downgrades China’s credit rating

In Asian trading, Hong Kong’s Hang Seng dropped 1.9% to 16,327.86, while the Shanghai Composite lost 1.7% to 2,972.30 ... could provide more insight into consumer spending and the jobs market. The government will release its October update on job ... ( read original story ...)

Posted on 05/12/2023

Moody’s cuts China credit outlook to negative, cites slowing economic growth, property crisis

Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector ( read original story ...)

Posted on 05/12/2023

HSBC recognised as the best transaction, cash management bank at the CorporateTreasurer Awards

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been recognised as the best bank in two categories at the CorporateTreasurer Awards 2023. The categories are Best Cash ... ( read original story ...)

Posted on 05/12/2023

Stock market today: Asian shares slip ahead of key US economic reports

TOKYO -- Asian shares declined Tuesday on heavy selling of property and technology shares. U.S. futures slipped and oil prices were little changed. Hong Kong’s Hang Seng dropped 2.4% to 16,238.79, ... ( read original story ...)

Posted on 05/12/2023

More steps on anvil to hike financial oversight

China is capable of dealing with various financial risks and challenges, with more steps in the offing to step up financial oversight, officials and experts said. ( read original story ...)

Posted on 04/12/2023

Stock market today: Global shares trade mostly lower ahead of updates on jobs, inflation

Global shares are mostly lower as investors await a slew of U.S. economic data set for release later in the week ... ( read original story ...)

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