HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

Feb 21, 2023

HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net interest income, while the bank also flagged a special dividend on the sale of its Canadian business. HSBC’s profit before tax

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Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance

Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance

Jan 23, 2023

Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each,

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Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap

Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap

Jan 20, 2023

Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as well as growing concerns over a potential recession this year. China-exposed currencies were the worst performers this week, even as

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Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Jan 4, 2023

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong

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