seskimde

Delivering the Best News to you!

HSBC fund arm toughens thermal coal policy to curb climate change

HSBC Holdings Plc said on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an acceleration of a broader commitment

Read More

Credit Suisse considers splitting investment bank in three

Credit Suisse Group AG (CSGN.S) has drawn up plans to split its investment bank in three, the Financial Times reported on Thursday, as the Swiss lender attempts to emerge from

Read More

ECB must keep raising rates despite downturn, Schnabel says

The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going up, European Central Bank board member Isabel Schnabel

Read More

Markets ‘Fed Up’

A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be message from the Fed as it gave sobering

Read More

Japan ‘most certainly’ will intervene in FX market if needed -top FX diplomat

Japan has not intervened in the currency market yet but will “most certainly” do so when necessary, the country’s top currency diplomat, Masato Kanda, said on Thursday. “Markets are making

Read More

U.S. theft claims soar for Hyundai, Kia vehicles, non-profit group says

U.S. theft claims were nearly twice as common for Hyundai Motor (005380.KS) and Kia Corp (000270.KS) vehicles compared with all other manufacturers among 2015 through 2019 model-year vehicles, a non-profit

Read More

HSBC to raise best lending rate to 5.125% after HK rate hike

HSBC Holdings (0005.HK), said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city’s central bank raised

Read More