World

HSBC exits loss-making U.S. retail banking as part of Asia pivot

HSBC (HSBA.L) announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business…

5 years ago

U.S. trade chief Tai says U.S. faces ‘very large challenges’ on China

U.S. Trade Representative Katherine Tai said on Wednesday that the United States still faces "very large challenges" in its trade…

5 years ago

EXCLUSIVE KPMG managers back liquidation of Singapore firms in $1 bln nickel scandal

Singapore firms accused of being involved in a $1.1-billion bogus nickel trading scheme should be placed in liquidation as there…

5 years ago

EXCLUSIVE Hyundai to slash combustion engine line-up, invest in EVs – sources

Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest…

5 years ago

Cryptos turn choppy as bounce momentum ebbs

Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to hopes that the asset class…

5 years ago

Analysis: Early or late cycle? Fast-running bull market unnerves investors

Will history's longest-ever bull market be followed by one of the shortest?

5 years ago

Tech M&A in Asia at record high, main deal driver in the region -industry data

Mergers and acquisitions targeting technology companies have hit a record high in Asia Pacific, Dealogic data shows, and dealmakers expect…

5 years ago

Airbus hikes jet output targets in bet on aviation recovery

Airbus ramped up its jet production targets on Thursday, backing signs of global recovery and strengthening its hand ahead of…

5 years ago

Total, Chevron suspend payments to Myanmar junta from gas project

French oil and gas group Total (TOTF.PA) and U.S. energy company Chevron (CVX.N) have suspended some payments from a gas…

5 years ago

Senator Warren attacks JPMorgan’s Dimon over ‘baloney’ overdraft fees

Progressive firebrand Senator Elizabeth Warren on Wednesday attacked JPMorgan Chase & Co (JPM.N) chief executive Jamie Dimon after the country's…

5 years ago