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Tag: banking

Posted on 07/12/2023

Shanghai Composite index analysis: slips as China risks remains

The Shanghai Composite index has severely come under intense pressure in the past few months even as global peers like the Dow Jones, DAX index, and Nasdaq 100 have surged. The index, which tracks ... ( read original story ...)

Posted on 06/12/2023

Stock market today: Asian shares surge as weak US jobs data back hopes for an end to rate hikes

Asian shares advanced on Wednesday after most stocks slipped on Wall Street following a mixed set of reports on the U.S. economy. Hong Kong's Hang Seng gained 0.9% to 16,477.34, while the Shanghai ... ( read original story ...)

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 ...)

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