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2024-10-31T17:36:14+0000
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2024-10-31T17:36:14+0000
HSBC Holdings posted a 1.8% drop in first-quarter pretax profit to $12.7 billion, a performance partly due to rising costs from expansion in Asia and amid inflationary pressures.
2024-04-30T08:00:30+0100
The coming week’s economic highlights include an FOMC announcement, the latest US jobs report, and Bank of Japan minutes.
2024-04-26T16:09:45+0100
Moderna, all-sessions, falls almost 2% after HSBC downgraded stock to "reduce" rating from "hold". IGTV financial analyst Angeline Ong looks at what’s behind the stock reaction.
2024-02-26T14:44:20+0000
Lloyds investors look past Lloyds motor finance probe charge and focus on its results instead, sending its shares up 3%. IGTV's Angeline Ong looks at the share reaction alongside HSBC and Barclays results this week.
2024-02-22T12:54:46+0000
HSBC posted a record annual profit, however, below analysts' forecasts. Pretax profit came in at $30.3 billion in 2023, up 78% on the previous year.
2024-02-21T08:00:03+0000
UK banks are expected to see a better 2024 thanks to stronger credit conditions and reduced pressure on margins.
2024-02-13T12:04:36+0000
US stocks indicated slightly higher after PCE data. Nike, all-sessions, shares fall after the company cut its sales forecast.
2023-12-22T14:42:55+0000