Gold settled at its lowest level since in more than eight months as the dollar index jumped to a four-year peak after the Federal Reserve signaled that a faster hikes.» Read More
HONG KONG, Sept 19- Hong Kong shares had solid rises on Friday, after Alibaba Group's red-hot initial public offering underpinned U.S. bourses, but they were still down for for the week. HSBC Holdings, top boost on the Hang Seng, added 1.7 percent to a seven-month high and Standard Chartered rose 0.9 percent.
LONDON, Sept 19- Investors in British financial assets breathed a sigh of relief on Friday, spared a prolonged and unprecedented degree of uncertainty from the United Kingdom splitting apart after Scotland voted against independence.
*CAR Inc surges 28 pct in HK debut. HONG KONG, Sept 19- Hong Kong's benchmark index rose on Friday following gains on U.S. exchanges, but trimmed earlier gains as a weaker Chinese market weighed on sentiment. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.3 percent.
*Gold drops towards 8-1/ 2 month low but recovers. SINGAPORE, Sept 19- Gold edged up slightly on Friday but concerns remained over a rate hike in the United States and a strengthening economy, keeping the metal firmly near its lowest in 8-1/ 2 months.
DUBAI, Sept 18- Middle Eastern banks bought the vast majority of a debut $500 million sukuk issue by Goldman Sachs, a positive sign for other conventional banks hoping to tap the region's liquidity by issuing Islamic debt, according to data from lead managers.
LONDON, Sept 17- London's trading rooms are gearing up for an extra long shift to cover Scotland's independence referendum and drafting in extra staff, anticipating a surge in activity when the result comes through early on Friday.
LONDON, Sept 17- London's trading rooms are gearing up for an extra long shift to cover Scotland's independence referendum and drafting in extra staff, anticipating a surge in activity when the result comes through early on Friday. The vote on whether Scotland should end its 300- year-old union with England was set for a nail-biting finish.
*Coming Up: Fed statement 1800 GMT. LONDON, Sept 17- Gold inched up for a third straight session on Wednesday as the dollar eased and speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the U.S. central bank concludes its policy meeting later in the day.
SINGAPORE, Sept 17- Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the U.S. central bank concludes its policy meet later in the day.
*China, Singapore sentiment slips to neutral from positive. MUMBAI, Sept 17- Business sentiment among Asia's top companies fell sharply in the third quarter, weighed down by worries about China's slowing economy, a possible end to the U.S.
*Size $500 mln; order book about $1.5 billion. DUBAI, Sept 16- Goldman Sachs raised $500 million with its debut sale of Islamic bonds on Tuesday, becoming the first conventional U.S. bank to issue sukuk as Islamic finance develops beyond its traditional homes in the Middle East and southeast Asia.
NEW YORK/ LONDON, Sept 15- Gold rose on Monday after weak Chinese factory data, but the precious metal hovered just above an eight-month low as investors worried that the Federal Reserve may start hinting at plans to raise U.S. interest rates sooner than expected.
SANTANDER, Spain, Sept 15- Ana Botin, the new chairwoman of Santander, told shareholders on Monday she would defend the legacy of her father at the helm of the euro zone's biggest bank and her priorities include maintaining its generous dividend policy.
*SocGen, BTMU, Goldman set up sukuk programmes since June. Sept 14- Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.
WASHINGTON— British bank HSBC has agreed to pay $550 million to resolve U.S. claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.. The Federal Housing Finance Agency, which oversees Fannie and Freddie, announced the settlement Friday with HSBC.
NEW YORK, Sept 12- HSBC Holdings Plc is expected to pay $550 million to resolve a U.S. regulator's claims the bank made false representations in selling mortgage bonds to Fannie Mae and Freddie Mac before the financial crisis, a person familiar with the matter said Friday.
HONG KONG, Sept 12- China's yuan slipped against the dollar on Friday after the central bank fixed a weaker midpoint for a second consecutive day, but it was set to rise slightly for the week as market sentiment on the currency improves.
LONDON, Sept 11- Gold fell to its lowest level in 7-1/ 2 months on Thursday, as European shares edged up and the dollar traded around a 14- month high while tensions in Ukraine seemed to be easing. Spot gold slipped 0.4 percent to $1,243.25 an ounce by 1156 GMT, after dropping to its lowest since Jan. 31 at $1,238.86 in earlier trade.
MUMBAI, Sept 11- A government drive to expand banking services in India is giving a boost to home-grown card payment network RuPay, which expects to quadruple the number of users by March and make debit cards more acceptable in a nation where cash is still king.
LONDON, Sept 11- Gold fell near a three-month low on Thursday, as European shares edged up and the dollar traded around a 14- month high while tensions in Ukraine seemed to be easing. Spot gold slipped 0.2 percent to $1,246.15 an ounce by 1001 GMT, after dropping to a three-month low of $1,243.56 in the previous session.