HSBC plans retail wealth headcount boost; eyes Singapore expansion
HONG KONG (Reuters) – HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe’s biggest lender by assets…
Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on Huawei
WASHINGTON (Reuters) – President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk,…
Stocks slip, dollar drifts after Fed cools rate cut bets
LONDON (Reuters) – The dollar nursed overnight gains while Europe’s share markets struggled early on, after the U.S. central bank dampened bets that it might be readying its first interest…
HNA denies embezzlement claims as it fights for control of Hong Kong Airlines
HONG KONG (Reuters) – Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as…
Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of the Taiwan Relations Act, in Taipei, Taiwan April 16, 2019. REUTERS/Tyrone…
Asia stocks hover below nine month peak after Wall Street stalls
TOKYO (Reuters) – Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a…
Foxconn says Gou will remain chairman, to withdraw from daily operations
FILE PHOTO: Terry Gou, founder and chairman of Taiwan’s Foxconn Technology, attends a session of the second annual World Internet Conference in Wuzhen town of Jinxing, Zhejiang province, China, December…
Asian shares pause near eight-month high, dollar weakens
SYDNEY (Reuters) – Asian stocks held near eight-month highs on Thursday and the dollar slipped again on expectations global interest rates will stay lower for longer after a dovish turn…
Asia shares sit on weekly gains, await U.S. jobs test
SYDNEY (Reuters) – Asian share markets consolidated weekly gains on Friday as Sino-U.S. talks dragged on with no concrete conclusions, while caution ahead of U.S. payrolls and a holiday in…
Chinese smartphone firms jazz up products, seize turf in home market from Apple
SHANGHAI (Reuters) – Smartphone retailers in China say it’s a tough sell of late with consumers reluctant to upgrade, put off by chill economic winds. Even so domestic brands led…