Standard Chartered PLC


  • METALS-Copper dips on strong dollar, supply in focus Wednesday, 15 Oct 2014 | 6:35 AM ET

    *China inflation data leaves room for more stimulus. LONDON/ SYDNEY, Oct 15- Copper prices dipped on Wednesday pressured by a strong dollar, Chinese inflation data and gloom in the euro zone, though losses were kept in check by a growing consensus that a surplus of the metal will be delayed until next year. "I still see more downside this quarter particularly for...

  • Banks hire HK traders on lure of China bourse link Wednesday, 15 Oct 2014 | 3:13 AM ET

    *BNP Paribas, StanChart, China Renaissance among banks hiring. HONG KONG, Oct 15- Banks in Hong Kong are building up their trading desks to capitalize on the imminent link-up of the Hong Kong and Shanghai stock exchanges, spelling a reprieve for one of the banking industry's endangered species. But banks including BNP Paribas and Standard Chartered hope the link...

  • *China inflation data leaves room for more stimulus. SYDNEY, Oct 15- London copper hovered near its highest in four weeks on Wednesday, supported by a growing consensus that a market surplus will be delayed until next year, although a stronger dollar pressured prices. But with demand from the world's top consumer remaining tepid, copper prices were seen stranded...

  • LONDON, Oct 14- Britain began to take orders for its first government bond denominated in renminbi on Tuesday, after finance minister George Osborne announced plans for the issuance last month. An investor presentation on Monday suggested that Britain expected the bond- the first from a Western government- would offer a yield of around 2.7 percent.

  • *Agile Property shares close down 17.2 pct. HONG KONG, Oct 13- Chinese developer Agile Property Holdings Ltd, battling an industry slowdown and speculation about ties to China's former security chief, said it is in talks with banks about extending a bridge loan and the founder's family would commit to lending $200 million. Agile said Chen- whose family wealth of...

  • *Agile Property shares drop more than 20 pct. HONG KONG, Oct 13- Chinese developer Agile Property Holdings Ltd, battling an industry slowdown and media speculation about ties to China's former security chief, said it was in talks with banks about extending what remains of a $475 million loan due in December. Agile said Chen- whose family wealth of $3.2 billion was...

  • HONG KONG, Oct 13- China's Agile Property Holdings Ltd is in talks with banks to extend a remaining bridge loan, the company said on an analyst briefing call on Monday. Shares in the Hong Kong- listed property developer slumped by more than a fifth as trading in the stock resumed following news last week that it withdrew a rights issue and that its chairman Chen Zhuo...

  • Why the strong dollar may sink junk bonds Thursday, 9 Oct 2014 | 11:14 PM ET

    A simmering mix of a strong dollar and weak commodity prices may brew up trouble for junk bond ETFs with a hefty weighting in materials companies.

  • China to levy coal import tariffs after a decade Thursday, 9 Oct 2014 | 7:26 PM ET

    China will levy import tariffs on the commodity, in its bid to prop up ailing domestic miners who have been hit by rising costs and tumbling prices.

  • UK hires banks for first renminbi bond Thursday, 9 Oct 2014 | 4:21 AM ET

    Britain's finance ministry said it had appointed Bank of China, HSBC and Standard Chartered to help organize the first sale of British government debt denominated in China's renminbi currency.

  • StanChart to hire 1,000 more staff in Africa Tuesday, 7 Oct 2014 | 10:59 AM ET

    LONDON, Oct 7- Standard Chartered plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 percent, even as its expansion elsewhere has slowed. Diana Layfield, Standard Chartered's chief executive for Africa, declined to specify where the extra staff would go, but picked out Nigeria, Kenya and Ghana as three of the most...

  • LONDON/ WASHINGTON, Oct 3- The world's largest banks are pushing regulators for more flexibility in the last major set of rules to come out of the global financial crisis: requirements that would double the capital cushion banks are forced to hold. Leaders of the 20 most important economies, the G20, in November will issue a draft rule, which many of the biggest banks...

  • How Hong Kong protests affect the big money Tuesday, 30 Sep 2014 | 2:16 PM ET
    Student protesters chant pro-democracy slogans on the streets on September 30, 2014 in Hong Kong.

    Hedge funds and other big money managers in Hong Kong aren't panicking about the democracy protests sweeping the city.

  • Europe stocks close higher; Next shares fall 3.7% Tuesday, 30 Sep 2014 | 11:57 AM ET

    European shares closed higher on Tuesday, after investors focused on key data from the euro zone rather than the Hong Kong protests. protests.

  • LONDON, Sept 30- European shares rose on Tuesday, as another batch of weak euro zone inflation data raised the prospect of new stimulus measures from the European Central Bank to boost the region's flagging economy.

  • Asian equities were mixed on Tuesday amid caution over developments in Hong Kong and as investors focused on data in China and Japan.

  • Hong Kong protesters stock up supplies for long haul Monday, 29 Sep 2014 | 9:04 PM ET
    People pass out food and drink at a pro-democracy protest on Nathan Road, a major route through the heart of the Kowloon district of Hong Kong, on September 29, 2014.

    Tens of thousands of pro-democracy protesters extended a blockade of Hong Kong streets on Tuesday, stockpiling supplies and erecting makeshift barricades ahead of what some fear may be a push by police to clear the roads before Chinese National Day.

  • NEW YORK, Sept 29- New York's financial regulator wants some Commerzbank AG employees to be fired as part of a settlement over allegations the German lender improperly processed transactions with Iran and other countries facing U.S. sanctions, according to people familiar with the matter.

  • *HSBC, Standard Chartered fall as Hong Kong unrest hits markets. LONDON, Sept 29- HSBC, LVMH and other companies exposed to Hong Kong underperformed a broader drop in European stock markets on Monday as civil unrest in the Asian city continued.

  • Dollar slips as Hong Kong protests halt recent rally Monday, 29 Sep 2014 | 12:33 PM ET

    The dollar's three-month rally took a breather on Monday on nervousness over Beijing's response to democracy protests in Hong Kong.