By Lawrence White and Steve Slater. HONG KONG/ LONDON, May 15- HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue.
HONG KONG/ LONDON, May 15- HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as Europe's largest bank seeks to drive earnings and dividend growth in the face of muted revenue.
*Plans to cut annual costs by up to another $3 bln. HONG KONG/ LONDON, May 15- HSBC plans to cut annual costs by up to another $3 billion and may axe a further 14,000 jobs as Europe's biggest bank strives to drive profits in the face of sluggish growth outside Asia.
BEIJING, May 7- Bank of China Ltd has shut the account of North Korea's main foreign exchange bank, which was hit with U.S. sanctions in March after Washington accused it of helping finance Pyongyang's nuclear weapons programme.
BEIJING, May 7- Bank of China Ltd has shut the account of North Korea's main foreign exchange bank, which was hit with U.S. sanctions in March after Washington accused it of helping finance Pyongyang's nuclear weapons programme.
BEIJING, May 7- Bank of China Ltd has shut the account of North Korea's main foreign exchange bank, which was hit with U.S. sanctions in March after Washington accused it of helping finance Pyongyang's nuclear weapons programme.
BEIJING, May 7- Bank of China Ltd has shut the account of a major North Korean bank which was sanctioned by the United States in March after Washington accused it of helping finance Pyongyang's banned nuclear weapons programme.
BEIJING, May 7- Bank of China Ltd has shut the account of a major North Korean bank which was sanctioned by the United States in March after Washington accused it of helping finance Pyongyang's banned nuclear weapons programme.
HONG KONG, May 6- State-owned China Galaxy Securities Co Ltd set a record for Hong Kong's IPO market on Monday, with a total of 21 banks working as joint bookrunners on its $1.37 billion offering.
*China Apr CPI seen at +2.3 pct y/y vs 2.1 pct in Mar. *Inflation data due on May 9, 0130 GMT; activity data on May 13, 0530 GMT. BEIJING, May 6- Subdued factory and investment growth probably capped China's inflation in April and depressed producer prices for a 14th consecutive month, a Reuters poll showed, clouding the outlook for the Chinese economy.
April 30- Hong Kong's Court of Final Appeal has abruptly dismissed a challenge to the powers of the city's market regulator brought by hedge fund Tiger Asia, validating the watchdog's use of civil courts in a stepped-up campaign against financial misdeeds.
HONG KONG, April 30- These are some of the leading stories in Hong Kong newspapers on Tuesday. --Hong Kong property and investment company Great Eagle Holdings Ltd plans to spin off three hotels in Hong Kong worth a total of HK $17.75 billion as a hotel investment trust.
MTN Nigeria became the latest borrower last week when it agreed a $3 billion loan to expand its network through Nigeria's Guaranty Trust Bank and other lenders Citigroup, Standard Chartered, Industrial and Commercial Bank of China, China Development Bank and China Construction Bank.
*ICBC Q1 net profit 68.7 bln yuan vs 66.1 bln yuan view. HONG KONG, April 26- Weak deposit growth weighed on China's banks in the first quarter, forcing lenders including the Industrial and Commercial Bank of China Ltd to pay more for savers' money and eating into their margins.
Asian stock markets traded cautiously on Friday as investors digested a raft of regional corporate earnings and as attention turned to first-quarter U.S. GDP figures for signs of whether the rally on Wall Street can continue.
*China Life Insurance tests April 11 high after Q1 earnings. HONG KONG, April 26- Hong Kong shares rose to their highest since mid-March on Friday, stretching gains for the week, as a recovery in physical commodity prices helped magnify earnings-driven strength in Chinese financial and energy majors.
*China Southern Airlines dives after Q1 earnings miss. HONG KONG, April 26- Hong Kong shares rose to their highest since mid-March on Friday but in weak turnover, as a recovery in physical commodity prices helped magnify earnings-driven strength in Chinese companies showing signs of a turnaround.
HONG KONG, April 26- Hong Kong shares could extend this week's gains on Friday, tracking a Wall Street rise after surprisingly resilient U.S. labour data and as physical commodity prices recovered further after their recent selloff.
-#Agricultural Bank of China Ltd. -#Aluminum Corporation of China Ltd. Q1 results.-# Angang Steel Co Ltd Q1 results.