In the ever-evolving global financial landscape, HSBC Holdings PLC (GB:HSBA) stands tall as the largest bank in Europe (in terms of assets), generating most of its profits in Asia. Originating from ... ( read original story ...)
China’s exporters, eager for Russia foothold, tread lightly to avoid financial bear trap
Though the Russian market is an appealing one for Chinese exporters, Western sanctions are making payment processing a challenge as delays mount and few avenues for financial transactions remain. ( read original story ...)
Major US Bank Boss Issues Grim Economic Warning
JPMorgan Chase CEO Jamie Dimon issued a stark warning about the potential for a "hard landing" for the U.S. economy, citing concerns about stagflation and persistent inflation. Read more: Chase Bank ... ( read original story ...)
Hesai Group Reports First Quarter 2024 Unaudited Financial Results
Quarterlylidarshipments were59,101 units SHANGHAI, China, May 20, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light ... ( read original story ...)
China Market Update: Hong Kong & Mainland China Climb The Great Wall Of Skepticism
Asian equities were largely higher despite the US dollar’s strength overnight though India was on holiday for election day. ( read original story ...)
Can A New Model Y Challenger Get Nio Stock Back On Track?
SHANGHAI, CHINA - MAY 15 ... an increase of about 40% for the S&P 500 over this roughly 3-year period. Notably, NIO stock has underperformed the broader market in each of the last 3 years. Returns for ... ( read original story ...)
Shanghai Interbank Offered Rate holds steady on Monday at 1.719 percent
(MENAFN) On Monday, the overnight Shanghai Interbank Offered Rate (Shibor), a key indicator ... the general trend suggests a balanced borrowing landscape, facilitating smooth financial intermediation ... ( read original story ...)