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Alibaba Loses $100 Billion Amid Battle In China's Food Delivery Market
A protracted battle in China's food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence.
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Entrepreneur Turned Beauty Mogul Is South Korea's Newest Billionaire
APR Corp., a once-obscure Seoul-based startup is now at the center of the K-beauty boom. Behind the firm is 36-year-old Kim Byung Hoon, a tech entrepreneur-turned-beauty mogul whose company has made him South Koreas newest billionaire.
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India's Services Sector Activity Surges To 10-Month High In June: Report
The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.
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India's Factory Growth Hits 14-Month High On Exports Surge: Report
India's manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted output and sparked record-breaking hiring, a business survey showed on Tuesday.
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Who Is Queen Maxima? Dutch Empress Stole The Show At NATO Summit
The Netherland's Queen and her husband, King Willem-Alexander, welcomed world leaders from 32 countries at The Hague's World Forum on Tuesday.
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HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
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India's Electric Vehicle Penetration Banking On Hybrid Cars: HSBC
Strong Hybrid Electric Vehicles (SHEVs) and Battery Electric Vehicles (BEVs) are not cannibalising each other but, rather, are attracting different sets of customers.
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Trump Tariffs Wiped $10 Trillion From Stock Markets. It's 50% Of EU Economy
The stock market rout triggered by US President Donald Trump's punishing tariff wars wiped over $10 trillion off major markets across the globe.
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Xavi, Rivaldo, Owen, Pepe, Saviola, Cocu & Karembeu Join Legends Faceoff In Mumbai On April 6
Organised by The Sports Front with HSBC as the official banking partner, this is more than just a match - it is a collision of legacies, a night where history will be rewritten under the Mumbai skyline.
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US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 since December.
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Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
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HSBC Names Indian-Origin Banker Pam Kaur As Its First Woman CFO
HSBC Holdings Plc, which was founded by a Scotsman more than 150-years ago, named Pam Kaur the first female chief financial officer in its history.
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Bestselling Smartphone Deals During Amazon Great Indian Festival Sale
Amazon Great Indian Festival 2024 Sale now offers discounts for HDFC Bank, HSBC, Bobcard, and IndusInd Bank debit card and credit card holders and we've handpicked a list of some of the bestelling deals on smartphones during the ongoing Amazon Great Indian Festival sale event.
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India's Heat Is Now A Better Predictor Of Food Prices Than Rain: Report
Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.
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Byju's, Once Valued At $22 Billion, Is Now Worth "Zero"
In what could be a shocker to many, edtech firm Byju's, which was once valued at $22 billion, is now worth zero, according to a research note by financial firm HSBC
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Alibaba Loses $100 Billion Amid Battle In China's Food Delivery Market
A protracted battle in China's food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence.
-
Entrepreneur Turned Beauty Mogul Is South Korea's Newest Billionaire
APR Corp., a once-obscure Seoul-based startup is now at the center of the K-beauty boom. Behind the firm is 36-year-old Kim Byung Hoon, a tech entrepreneur-turned-beauty mogul whose company has made him South Koreas newest billionaire.
-
India's Services Sector Activity Surges To 10-Month High In June: Report
The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. Service sector growth also improved recruitment.
-
India's Factory Growth Hits 14-Month High On Exports Surge: Report
India's manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted output and sparked record-breaking hiring, a business survey showed on Tuesday.
-
Who Is Queen Maxima? Dutch Empress Stole The Show At NATO Summit
The Netherland's Queen and her husband, King Willem-Alexander, welcomed world leaders from 32 countries at The Hague's World Forum on Tuesday.
-
HSBC Launches Blockchain-Based Tokenised Deposit Service in Hong Kong
HSBC has launched a new tokenised deposit service for Hong Kong-based corporate clients. Singapore-based fintech firm Ant International was the first corporate to use this service that supports real time payments between HSBC Hong Kong wallets throughout the day.
-
India's Electric Vehicle Penetration Banking On Hybrid Cars: HSBC
Strong Hybrid Electric Vehicles (SHEVs) and Battery Electric Vehicles (BEVs) are not cannibalising each other but, rather, are attracting different sets of customers.
-
Trump Tariffs Wiped $10 Trillion From Stock Markets. It's 50% Of EU Economy
The stock market rout triggered by US President Donald Trump's punishing tariff wars wiped over $10 trillion off major markets across the globe.
-
Xavi, Rivaldo, Owen, Pepe, Saviola, Cocu & Karembeu Join Legends Faceoff In Mumbai On April 6
Organised by The Sports Front with HSBC as the official banking partner, this is more than just a match - it is a collision of legacies, a night where history will be rewritten under the Mumbai skyline.
-
US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 since December.
-
Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
-
HSBC Names Indian-Origin Banker Pam Kaur As Its First Woman CFO
HSBC Holdings Plc, which was founded by a Scotsman more than 150-years ago, named Pam Kaur the first female chief financial officer in its history.
-
Bestselling Smartphone Deals During Amazon Great Indian Festival Sale
Amazon Great Indian Festival 2024 Sale now offers discounts for HDFC Bank, HSBC, Bobcard, and IndusInd Bank debit card and credit card holders and we've handpicked a list of some of the bestelling deals on smartphones during the ongoing Amazon Great Indian Festival sale event.
-
India's Heat Is Now A Better Predictor Of Food Prices Than Rain: Report
Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to HSBC Holdings Plc.
-
Byju's, Once Valued At $22 Billion, Is Now Worth "Zero"
In what could be a shocker to many, edtech firm Byju's, which was once valued at $22 billion, is now worth zero, according to a research note by financial firm HSBC
