|
.
HSBC's interim chief executive on Monday said the banking giant was underperforming in parts of Europe and the United States, as third-quarter profits slipped and the lender warned of further headwinds. The Asia-focused behemoth has been trying to lower costs as it faces the double uncertainties.... |
|
Read more...
|
|
For years, Hong Kong has been one of the world’s most profitable banking markets. That status is now under threat. The city is a money-spinner for HSBC Holdings PLC, Standard Chartered PLC, Bank of China (Hong Kong) Ltd. and others, such as Bank of East Asia Ltd. and HSBC’s local subsidiary, Hang Seng Bank Ltd. |
|
Read more...
|
|
Noel Quinn, Group Chief Executive, said: 'Parts of our business, especially Asia, held up well in a challenging environment in the third quarter. However, in some parts, performance was not acceptable, principally business activities within continental Europe, the non-ring-fenced bank in the UK, and the US. |
|
Read more...
|
|
HSBC's interim chief executive on Monday said the banking giant was underperforming in parts of Europe and the United States, as third-quarter profits slipped and the lender warned of further headwinds. The Asia-focused behemoth has been trying to lower costs as it faces the double uncertainties.... |
|
Read more...
|
|
reported third-quarter pre-tax profits that fell 18% year-on-year to $4.8 billion in the quarter that ended September. Still, the bank said its before-tax profit in Asia climbed 4% from last year, noting a "resilient performance in Hong Kong." HSBC earns most of its profits from Hong Kong, which has been hit by unrest for months. |
|
Read more...
|
|
(Bloomberg) -- Stocks in Asia began the week with subdued trading Monday after the S&P 500 Index climbed toward a record. Ten-year Treasury yields hit five-week highs. Equity benchmarks were little changed in Tokyo and Sydney, and edged up in Seoul. Shanghai and Hong Kong outperformed, with.... |
|
Read more...
|
|
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc reported an 18% drop in its third-quarter pre-tax profit, lagging forecasts, as the Sino-U.S. trade war and Brexit uncertainties weighed on business sentiment in its core markets of Asia and Britain. Pre-tax profit at Europe's biggest bank by assets was $4. |
|
Read more...
|
|
By Kim Bo-eun Local financial groups with savings bank units are following in the footsteps of commercial banks, making inroads into in Southeast Asia as they face limited growth circumstances here. OK Financial Group, which runs OK Savings Bank, completed a process on Oct. 19 to merge its Bank Oke Indonesia with the country's Bank Dinar. |
|
Read more...
|
|
BANGKOK - Negotiations on a sweeping 16-nation free trade deal and a code of conduct for the hotly contested South China Sea are expected to take center stage at a summit of Asian leaders in Bangkok next month. The leaders of all 10 member states of the Association of Southeast Asian Nations (ASEAN).... |
|
Read more...
|
|
We encourage people to resolve waste issues in their own homes, said Abdul Latief, who set up the first puppet school on Lombok in 2015.
He is accused of kidnapping and human rights violations.
Mechanical and design issues are among nine sets of factors. |
|
Read more...
|
|
Now, I can be a true and authentic advocate for mental health,” declared actress Iza Calzado, who recently admitted in a 28-minute video uploaded on Facebook by She Talks Asia that her mom, Mary Ann Ussher, “committed suicide” in 2001. “It feels liberating. I cannot be [an advocate] without talking about it,” said Iza. |
|
Read more...
|
|
Meanwhile, the HKTDC Hong Kong International Outdoor and Tech Light Expo will return in its fourth edition from 29 October to 1 November at AsiaWorld-Expo. The latest products from more than 400 exhibitors from Hong Kong, Mainland China, Taiwan and a first-time exhibitor from Thailand are on display. |
|
Read more...
|
|
By Shaza Arif* The Asia-Pacific region is becoming an interesting entity to study as of the various dynamics it entails. This region is characterized with the gradual elimination of poverty resulting from regional integration, cooperation between proximal states, inflow of capitals, and development initiatives. |
|
Read more...
|
|
In this part of the world, the regimes range from soft to more authoritarian form with the slight tinge of western democratic values. China has the political system based on the extreme authoritarian values and on the other hand its market economy is standing on the neo liberal capitalism and that.... |
|
Read more...
|
|
(Bloomberg) -- Weeks after Armand Wahyudi Hartono became the vice president director of Indonesia’s largest non-state bank, he noticed how staff were leaving half-empty glasses of water after work. The next morning, he restricted the amount of drinking water available at PT Bank Central Asia’s headquarters. |
|
Read more...
|
|
PHOTO: Mother Jones. Asia’s urban population continues to grow rapidly, according to a report by the Asian Development Bank. According to the ADB report, looking at the average growth rates of urban population from 1970 to 2017, developing Asia’s urban population grew 3.4%, compared to 2. |
|
Read more...
|
|
Horoya were ahead within a minute of the kick-off and scored a second goal before Bandari fought back to be level at 2-2 by half-time. Bance, whose nomadic career includes spells with 22 clubs in Africa, Europe, the Middle East and Asia, netted twice during the second half for the multi-national Guinean team. |
|
Read more...
|
|
An anonymous reader quotes ISP Review: The RIPE Network Coordination Centre ( RIPE NCC ), which manages regional distribution of internet addresses for the UK, Europe, Middle East and parts of Central Asia, has confirmed that their final reserve pool of Internet Protocol v4 (IPv4) addresses will completely run out in November 2019 . |
|
Read more...
|
|
HARBIN, Oct. 27 (Xinhua) -- China's Xiamen Airlines launched two air routes linking two Chinese cities and southeast Asian cities Sunday. One of the routes links Harbin City, the capital of northeast China's Heilongjiang Province, Fuzhou City, the capital of east China's Fujian Province, and Kuala.... |
|
Read more...
|
|
From above, rivers that flow into the Bay of Fundy look a bit different than most. Their waters are often chocolate-colored, swirling with eddies, and bordered by
On the afternoon of October 20, 2019, the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA’s Aqua satellite captured this.... |
|
Read more...
|
|
Rumor has it that the Pacific Century is upon us. You would never know that to look at the shipbuilding industry on the U.S. West Coast. Despite the vast volume of trade between Asia and America, and the increasing U.S. naval presence in the Pacific, shipbuilding on the coast has gradually dwindled.... |
|
Read more...
|
|
Stockpiles of low-sulphur marine fuels held in floating storage around the Singapore trading and pricing hub are steadily growing ahead of a 2020 global deadline for rules that have shaken the global oil refining and shipping industries. A total of 32 ships, mostly supertankers capable of carrying.... |
|
Read more...
|
|
At least three tankers are on their way to Asia with U.S. oil cargoes after Washington gave temporary approval to wind down transactions with a Chinese shipping company that it sanctioned last month, according to data and shipping sources. In one of the biggest sanctions actions taken by the U.S. |
|
Read more...
|
|
National Democratic Front Presidential aspirant...
The National Mobile Service Provider, Mobitel...
Allianz Insurance Lanka Ltd recently opened a...
The Tissapura Junior school situated in Andalla,...
For the first time in Sri Lanka, an insurance...
To coincide with the 24th anniversary of Pan Asia. |
|
Read more...
|
|
(Bloomberg) -- Stocks in Asia looked set to start the week with modest gains as investors weigh the ongoing flurry of corporate results and positive signals emanating from U.S.-China trade talks. Futures edged up in Japan, Hong Kong and Australia. The S&P 500 rose Friday and Treasuries declined as the U. |
|
Read more...
|
|
|
