Stocks HSBC Holdings PLC

More

  • *China outbound M&A climbs to record $102 bln in 2015. Asia-Pacific M&A totalled $1.2 trillion so far this year, up 46 percent from last year, preliminary data from Thomson Reuters showed, as China rediscovered an appetite for outbound deals after 2014' s 20 percent drop. "China is on the move, we are preparing for a busy year for deal making," said Joseph Gallagher, head...

  • HONG KONG, Dec 22- Asia-Pacific mergers and acquisitions hit a record $1.2 trillion so far in 2015, preliminary data released by Thomson Reuters showed. Goldman Sachs was the top M&A adviser, followed by Morgan Stanley and HSBC Holdings plc. *According to estimates from Thomson Reuters/ Freeman Consulting Co.

  • FACTBOX-Job cuts across Europe's banks Monday, 21 Dec 2015 | 10:06 AM ET

    LONDON, Dec 21- Some of Europe's biggest banks have said in the last six months they plan to cut more than 130,000 jobs as they ramp up plans to cut costs, sell businesses and restructure. Earlier this month, Dutch lender Rabobank said it would cut 9,000 jobs, joining Deutsche Bank, UniCredit, Credit Suisse, HSBC and Standard Chartered to announce hefty job culls since...

  • *Europe's 10 biggest banks announced 130,000 job cuts since June. By Anjuli Davies, Sinead Cruise and Steve Slater. LONDON, Dec 21- Regulation, anaemic economic growth and technology changes will force banks across Europe to find more savings in 2016, with jobs likely to be the biggest casualty, according to investors and analysts.

  • LONDON/ BRASILIA/ BENGALURU, Dec 20- The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. "The key question is whether the U.S. economy is finally robust enough not only to sustain its own recovery but also...

  • Yellen's "tightening" promises a slow crawl higher Thursday, 17 Dec 2015 | 3:23 PM ET

    WASHINGTON, Dec 17- The policy tightening kicked off by the Fed this week promises to be among the longest and slowest of modern times, a crawl forward that may last as long as former fed chair Paul Volcker's legendary battle against inflation in the 1980 s. One thing the Fed is keen to avoid is the sort of forced policy retreat experienced in recent years by the...

  • Dollar at the heart of post-Fed market puzzle Thursday, 17 Dec 2015 | 10:09 AM ET

    *Dollar and previous "liftoffs" http://reut.rs/1PuuPZI. *Who's right on rates: Fed or market? LONDON, Dec 17- The reaction across global markets to Wednesday's historic rise in U.S. interest rates appears to have been smooth and pain-free.

  • *Palladium drops nearly 3 pct. LONDON, Dec 17- Gold fell on Thursday, as the dollar surged after the Federal Reserve increased U.S. interest rates for the first time in nearly a decade and hinted at more increases in 2016.. Gold has slumped nearly 10 percent this year so far, largely on uncertainty around the timing of the rise and on fears that higher rates would hit...

  • Argentina floats peso in bid to boost economy Thursday, 17 Dec 2015 | 5:29 AM ET
    Argentine peso bills

    Argentina said it was lifting its currency controls and would allow the peso to float when markets open, setting the stage for a sharp devaluation.

  • Asian markets close up, after Fed hiked rates overnight Thursday, 17 Dec 2015 | 3:11 AM ET

    Asian stock markets closed in positive territory, taking cues from a positive finish in Wall Street overnight after the Fed raised interest rates.

  • JAKARTA, Dec 17- Asia policymakers on Thursday applauded an historic turn in U.S. monetary policy, but analysts cautioned that the region's economies faced vulnerabilities even as markets took the Federal Reserve rate hike in their stride. The palpable relief among policymakers, and investors, comes as the global economy navigates through some rough terrain,...

  • PRECIOUS-Gold falls on Fed rate hike, dollar surge Wednesday, 16 Dec 2015 | 10:49 PM ET

    *Gold gives back some of overnight gains. SINGAPORE, Dec 17- Gold slipped on Thursday to give back some of its overnight gains, with trading choppy as the dollar surged after the Federal Reserve hiked U.S. interest rates for the first time in nearly a decade. Gold has slumped nearly 10 percent this year, largely on uncertainty around the timing of the rate rise and on...

  • BUENOS AIRES, Dec 16- Argentina said on Wednesday it was lifting its currency controls and would allow the peso to float when markets open, setting the stage for a sharp devaluation, following promises by President Mauricio Macri for reforms in order to increase exports and spur economic growth. Macri, a free-market advocate who took office last week, has vowed to...

  • PRECIOUS-Gold dips in choppy trade after Fed rate hike Wednesday, 16 Dec 2015 | 7:48 PM ET

    SINGAPORE, Dec 17- Gold slipped on Thursday, giving back some of its overnight gains, in choppy trading after the Federal Reserve raised U.S. interest rates for the first time in nearly a decade. Gold has slumped nearly 10 percent this year, largely on uncertainty around the timing of the U.S. rate hike and on fears that higher rates would hit demand for the...

  • Major banks move to 3.5% prime rate Wednesday, 16 Dec 2015 | 2:58 PM ET
    A pedestrian walks by a Wells Fargo home mortgage office in San Francisco.

    JPMorgan Chase, U.S. Bancorp and PNC joined Wells Fargo in raising the prime rate.

  • LONDON, Dec 16- If you're trying to identify next year's big risk from global currency markets, look no further than a sharper-than-expected fall in China's yuan. That would in turn encourage more money to leave China and China- related investments, slashing the value of currencies in South Korea, Malaysia or Taiwan and raising broader questions over the...

  • Europe ends slightly higher ahead of crucial Fed decision Wednesday, 16 Dec 2015 | 11:51 AM ET
    Chair of the US Federal Reserve Janet Yellen testifies before a Joint Economic Committee hearing on 'The Economic Outlook,' on Capitol Hill in Washington, DC, on December 3, 2015.

    European markets held onto gains on Wednesday ahead of a widely-expected interest rate rise by the U.S. Federal Reserve.

  • SINGAPORE, Dec 16- As investors brace for this week's historic U.S. interest rate decision, central banks in Asia's emerging markets will be standing by a quarter of a trillion dollars in emergency liquidity lines with China and Japan to prevent routs in their currencies. "I would expect China and even Japan to be much more proactive should financial uncertainty...

  • *Sources: banks ready to lend Abengoa 210 mln eur by end-Jan. *Abengoa to present restructuring plan by Jan. 18. MADRID, Dec 15- Creditor banks are ready to extend a 210 million euro lifeline to debt-laden Spanish energy and engineering firm Abengoa over the next six weeks in exchange for a new viability plan, two sources said on Tuesday.

  • *Gold edges higher after sliding 1 pct on Monday. LONDON, Dec 15- Gold rose on Tuesday as a retreat in the dollar sparked a rebound after the previous day's 1 percent slide, but moves were muted as traders awaited the outcome of this week's Federal Reserve policy meeting. Gold has fallen 10 percent this year, largely on the back of expectations that the Fed is set to hike...