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HSBC targets additional $2-3 billion cost savings by 2016
ReutersHONG KONG (Reuters) - HSBC said on Wednesday that it would target additional cost savings of $2 billion to $3 billion in 2014-2016, as Europe's biggest bank cuts jobs and sells noncore businesses to bolster profitability under a restructuring plan led...Tags: Hong Kong, China, HSBC Holdings plc, Business
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Hong Kong shares end down 0.1 pct, snap 4-day winning streak
ReutersHONG KONG, May 9 (Reuters) - Hong Kong shares halted a four-day winning streak on Thursday after divergent April China consumer and producer price data sparked a rotation out of growth-sensitive counters as investors braced for more economic data in the...Tags: Money and Monetary Policy, Hong Kong, China, China Enterprises, Morgan Stanley Dean Witter & Company
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Hong Kong shares may hold steady ahead of China trade data
ReutersHONG KONG, May 8 (Reuters) - Hong Kong shares may start steady on Wednesday as investors brace for China trade data at 0200 GMT for the latest gauge of the health of the region's biggest economy after a recent series of soft data raised concerns about the...Tags: South Korea, Hong Kong, PetroChina Company Limited, China, Husky Energy Incorporated
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EU rules risk driving London Metal Exchange to Hong Kong -brokers
Reuters* Change of regulation will drive up costs, hurt free credit * New rules could erode LME volumes, which hit record in April * LME's new Hong Kong owners need to justify $2.2 billion price By Susan Thomas and Maytaal Angel LONDON, May 3 (Reuters) -...Tags: Hong Kong, Science and Technology, New Products, European Union, Metal and Mineral
May 15, 2013
|Story| Reuters
May 9, 2013
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May 7, 2013
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May 3, 2013
|Story| Reuters
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