HSBC Holdings Plc posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement for alleged mis-selling of U.S. mortgage securities ate into higher revenues.
Ella Pham said it was a painful thing to see. Pham, 20, and her boyfriend were walking in a parking lot Sunday when they saw a twin-engine Cessna crash, she told the Los Angeles Times. Five people on board the small airplane were killed but nobody on the ground was hurt when the plane crashed in the Southern California parking lot, authorities said. …read more […]
China’s Haier Group said rising steel prices amid hefty U.S. import tariffs was driving up costs for its business in America, and warned that consumers stood most to lose from a mounting trade spat between the world’s top two economies.
Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau.
As U.S. and Chinese firms rush for outside expertise on how to handle fallout from the escalating trade war between the two nations, consultants on everything from management to logistics say they have seen soaring demand for their services.
HSBC Holdings Plc posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million provision against sale of U.S. mortgage securities ate into higher revenues.
Asian shares pared gains on Monday as Chinese stocks swung into negative territory, dragged lower by the escalating Sino-U.S. trade war, though Beijing’s efforts to stop sharp declines in the yuan helped support the currency.
Japanese gaming group Universal Entertainment Corp said on Monday its former chairman Kazuo Okada was arrested in Hong Kong in relation to multiple corruption-related offences.
Oil prices held firm on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau.
For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War.
U.S. government debt supply will likely continue to boom, but bond market investors seem to be taking it in stride.
Aug.06 — Jose Manuel Barroso, former president at the European Commission, discusses the trade tensions between the U.S. and China, how President Trump should handle the trade deficit, the global economy, the U.S.-European trade relationship, and his outlook for Brexit. He speaks on “Bloomberg Markets: Asia.” …read more […]
Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, and sought to reassure investors worried about China’s economy as growth concerns rattled its financial markets.
Asian shares pared gains on Monday as Chinese stocks swung into negative territory, driven lower by the escalating Sino-U.S. trade war, though Beijing’s efforts to stop sharp declines in the yuan helped support the currency.
HSBC Holdings Plc said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy of returning to growth mode after years of restructuring.
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