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HSBC Holdings PLC

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  • *Europe shares dip off lows as Vivendi weighs. China rate cut helps lift Asian equities, gold. LONDON, March 2- European shares slipped from seven-year highs on Monday, weighed down by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend.

  • China steps up policy easing, India uses fiscal levers. BENGALURU/ SYDNEY, March 2- Global stimulus is swelling, with China cutting interest rates ahead of disappointing factory data and the European Central Bank set to start government bond purchases just as data hints the euro zone economy may be picking up. Central banks from Switzerland to Turkey, Canada and...

  • *Domestic demand already driving Hungary, Poland. WARSAW, Mar 2- Central Europe's manufacturing expanded in February, a series of reports showed, and an expected economic recovery in the euro zone, the region's largest export market, should help it continue to grow. The Purchasing Managers' Index for manufacturing in Poland, the region's biggest economy, eased...

  • *China rate cut helps lift Asian shares, gold. LONDON, March 2- European shares clung to seven-year highs on Monday, lifted by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend. German manufacturing activity expanded further in February as new order rose, according to Markit's final purchasing...

  • *China Feb PMI edges up to 7- mth high- HSBC. Brent crude was down 38 cents at $62.20 a barrel by 0645 GMT after an 18 percent gain in February, the largest monthly rise since May 2009. Manufacturing activity in China edged up to a seven-month high in February, HSBC's survey showed.

  • *China steps up policy easing, India uses fiscal levers. SYDNEY, March 2- The tide of global stimulus is swelling as China cut interest rates and India launched an expansionary budget over the weekend, even as a mixed bag of manufacturing surveys underlined the challenges facing the region. There was better news from the private HSBC/ Markit version of the PMI on...

  • *China Feb PMI edges up to 7- mth high- HSBC. SINGAPORE, March 2- Oil stayed in the red on Monday on supply concerns despite partly recovering from earlier losses after a private business survey showed an improvement in China's manufacturing sector in February. HSBC's survey on private business showed that activity in China's factory sector edged up to a...

  • BEIJING, March 2- Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed, adding to the view that yet more interest rate cuts will be needed. The People's Bank of China cut interest rates on Saturday, in the latest effort to support the economy as...

  • Survey shows China manufacturing improving Sunday, 1 Mar 2015 | 10:49 PM ET

    BEIJING— China's manufacturing activity improved in February for the first time in four months but export demand weakened, a survey released Monday showed. HSBC's manufacturing index based on a survey of factory purchasing managers rose to 50.7 from January's 49.7. The HSBC survey, conducted by Markit Economics, found growth in output and total new orders...

  • BEIJING, March 2- Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed on Monday, underlying economic fragility that may need more policy support. China's central bank cut interest rates on Saturday, just days before the annual meeting of...

  • FOREX-Euro slips, Aussie shrugs off China rate cut Sunday, 1 Mar 2015 | 5:45 PM ET

    *Aussie reverses rally as China rate cut effect quickly fades. *HSBC final China PMI report due next. SYDNEY, March 2- The flagging euro probed fresh one-month lows early on Monday in a subdued start to the week, while an interest rate cut in China over the weekend gave commodity currencies only a fleeting boost.

  • *Performance beat expectations, follows HSBC flash survey showing recovery. SHANGHAI, March 1- Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.

  • *Numbers came out right after China c.bank cut rates. SHANGHAI, March 1- Hours after China's central bank cut interest rates to battle slowing growth and rising deflationary risk, an official survey showed on Sunday that activity in China's factory sector contracted for a second straight month in February. Accounting for 48 percent of China's $10.2 trillion...

  • BEIJING, March 1- Activity in China's factory sector contracted for a second straight month in February on unsteady exports and slowing investment, an official survey showed on Sunday, reinforcing bets that more policy loosening is needed to lift the economy. Accounting for 48 percent of China's $10.2 trillion economy last year, the services sector has...

  • NEW DELHI, Feb 28- India said it plans tougher punishments including jail terms of up to 10 years for those who hide undeclared cash outside the country and for the banks and advisers who help them, as it tries to bring back illicit billions stashed abroad. Illegal deposits abroad cost India billions of dollars in lost revenue and Prime Minister Narendra Modi's...

  • *Gold up 0.3 pct on week, could end 4- week losing streak. LONDON, Feb 27- Gold steadied on Friday, due to a softer dollar, but was heading for its biggest monthly loss since September as European shares traded near seven-year highs and upbeat U.S. data supported expectations of a rate hike by the Federal Reserve this year. Gold has fallen more than 7 percent from a...

  • *Gold up 0.3 pct on week, could end 4- week losing streak. LONDON, Feb 27- Gold edged down on Friday and was heading for its biggest monthly loss since September as European shares traded near seven-year highs and upbeat U.S. data supported expectations of a rate hike by the Federal Reserve this year. Gold has fallen more than 7 percent from a five-month high above...

  • LONDON, Feb 27- The stark choice faced by Britons in May's national election is summed up nowhere more clearly than by the two men vying to be finance minister. The Conservatives' George Osborne, 43, and Labour's Ed Balls, 48, have helped define what their parties stand for. "We are getting a genuinely significant choice," said Paul Johnson, director of the Institute...

  • *Gold down nearly 6 pct in Feb, biggest monthly loss since Sept. SINGAPORE, Feb 27- Gold advanced for the third session on Friday and was on track to end a four-week losing streak, supported by firm Chinese demand and a change in views on U.S. interest rates, with some again betting that an increase would not be delayed. Gold has fallen more than 7 percent from a five-month...

  • Global stocks higher on Chinese, German data Thursday, 26 Feb 2015 | 3:19 AM ET

    SEOUL, South Korea— Global stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. KEEPING SCORE: Britain's FTSE 100 was nearly flat at 6,937.52 while Germany's DAX inched up 0.1 percent to 11,221.95. ASIA'S DAY: Japan's Nikkei 225 rose 1.1 percent to 18,785.79 while Hong Kong's Hang...