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HSBC Holdings PLC

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  • HONG KONG, Jan 26- Li Ka- shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month- good news for investment bankers close to the 86- year-old Hong Kong tycoon's empire. The brisk business- $108 billion of Asia M&A makes it the best start to a year, according to Thomson Reuters data- raises hopes that the Chinese Year of the Goat could...

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...

  • *Euro slumps towards $1.11 to 11- year low, bond yields reach new lows. LONDON, Jan 23- The European Central Bank's plan to pump out about 1 trillion euros to revive the euro zone economy put stocks in the region on track for their best week since 2011 but hammered the shared currency. Oil prices rose on hopes for a boost to global growth from the ECB's landmark move,...

  • *China factory activity contracts for 2nd month. LONDON/ BEIJING, Jan 23- Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, vindicating the European Central Bank's decision to print money in a bid to revive inflation. Euro zone firms cut prices at the fastest rate in nearly five years and Chinese...

  • LONDON, Jan 23- Stocks and bonds surged worldwide and the euro sank to an 11- year-low on Friday, the day after the European Central Bank announced a quantitative easing plan. Oil rose following the death of the king of Saudi Arabia. Europe's FTSEurofirst 300 index responded with a 1.4 percent gain to 1,474 points, a seven-year high.

  • *China factory activity contracts for 2nd month. BEIJING/ SEOUL, Jan 23- Chinese factories were forced to cut prices for the sixth straight month in January to sell their products, while economic growth in South Korea slowed sharply, raising the prospect of more policy easing from major central banks in Asia. The weak manufacturing reading from China added to...

  • TOKYO, Jan 23- Asian stocks extended a global rally on Friday after the European Central Bank launched a landmark bond-buying stimulus programme that buoyed investors' risk appetite, drove bonds higher and kept the euro pinned near 11- year lows. Spreadbetters expect Europe to retain the previous session's sunny mood, forecasting Britain's FTSE to open up by...

  • China, Hong Kong stocks extend gains on policy optimism Thursday, 22 Jan 2015 | 11:56 PM ET

    SHANGHAI, Jan 23- China and Hong Kong shares were firmer by midday on Friday, propped up by rising expectations the Chinese central bank will move to ease liquidity to support the flagging economy. The Shanghai index has been notching weekly gains since early November, and is currently up 0.4 percent for the week. "The market has been rising for the past few days and...

  • *HSBC/ Markit Flash Manufacturing PMI at 49.8 in January. BEIJING, Jan 23- China's manufacturing growth stalled for the second straight month in January and companies had to cut prices at a faster clip to win new business, adding to worries about growing deflationary pressures in the economy, a private survey showed. "Today's data suggest that the manufacturing...

  • SYDNEY/ SINGAPORE, Jan 23- The euro wallowed near an 11- year low on Friday after suffering a massive decline as the European Central Bank launched a stimulus program that would pump hundreds of billions in new money into a sagging euro zone economy. Even though it's intended to last until September 2016, it's not an actual line in the sand, "said Jesper Bargmann, head...

  • SINGAPORE, Jan 23- Gold steadied above $1,300 a tonne on Friday, near its strongest level in five months, after the European Central Bank launched a multi-billion bond-buying programme to invigorate the euro zone economy. Gold's gains came despite a slide in the euro which analysts say also attest to the metal's safe-haven draw. Gold may have room to rise further...

  • HSBC China factory index weak for second month Thursday, 22 Jan 2015 | 9:10 PM ET

    HONG KONG— China's manufacturing shrank for a second month in January, further evidence that momentum in the world's second-biggest economy remains weak after posting its slowest growth in more than two decades. HSBC said Friday its preliminary index of manufacturing activity, based on a survey of factory purchasing managers, rose to 49.8 from 49.6 in...

  • BEIJING, Jan 23- China's manufacturing growth stalled for the second straight month in January and companies had to cut prices at a faster clip to win new business, adding to worries about growing deflationary pressures in the economy, a private survey showed. The HSBC/ Markit Flash Manufacturing Purchasing Managers' Index hovered at 49.8 in January, little...

  • BEIJING, Jan 23- China's manufacturing growth stalled for the second straight month in January and companies had to cut prices at a faster clip to win new business, adding to worries about growing deflationary pressures in the economy, a private survey showed. The HSBC/ Markit Flash Manufacturing Purchasing Managers' Index hovered at 49.8 in January, little...

  • SAO PAULO/ BRASILIA, Jan 22- Brazilian President Dilma Rousseff's crusade to win back investor confidence has entrusted policymakers with the tough mission of hiking interest rates while major central banks cut them, raising the prospect of another recession in Latin America's biggest economy. The move left the Brazilian central bank at odds with the...

  • *Saudi Arabia 2015 growth forecast cut to 3.2 pct from 4.3 pct. *Even Oman, Bahrain to sustain solid growth. As a result, Saudi Arabia's hydrocarbon export revenue in 2015 is forecast to tumble to $213 billion, instead of totalling $290 billion as the September survey predicted.

  • *He is Hong Kong's top tax payer for 5 years- report. HONG KONG, Jan 22- In late summer 2014, as mass protests rocked central Hong Kong, Canning Fok sat in his office quietly planning a business overhaul that would make his boss Li Ka- shing, Asia's richest man, richer still. After Li revealed the fruits of Fok's labour on Jan. 9, describing it as a "watershed" moment in the...

  • SINGAPORE, Jan 21- Gold climbed above $1,300 an ounce on Wednesday for the first time since August as a softer dollar, worries over the global economy and hopes of stimulus measures from the European Central Bank fuelled safe-haven bids. "Prices have been boosted by hopes of QE by the European Central Bank, which is expected to have far-ranging effects on the bond...

  • SINGAPORE, Jan 21- Gold climbed to a fresh five-month high on Wednesday as a softer dollar, worries over the global economy and uncertainty over whether the European Central Bank would announce stimulus measures pushed investors towards the safe-haven metal. "Bullion's recent divergence from moving in tandem with the euro to the opposite of the euro is...

  • *Gold hits 5- month high. TOKYO, Jan 21- Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen jumped after the Bank of Japan left policy unchanged. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.1 percent to hit its highest level in six...