International Finance

Tag : HSBC

Banking

Location, location, location: Why the HSBC headquarters stayed in London

Moving to a more economically dynamic Hong Kong would subject it to China’s not-yet-ready-for-prime-time economic institutions Richard S. Grossman March 27, 2017: In February this year, HSBC, one of the world’s largest banks, decided not to move its headquarters from London to Hong Kong. The revelation that a company is staying put is usually not...
Trading

India’s big players will embrace digitisation as they become major exporters

The GTR India Trade and Treasury Conference in Mumbai was an eye-opener Ian Kerr March 20, 2017: India is on the move towards digitisation in trade. Our attendance at this year’s GTR India Trade and Treasury Conference in Mumbai certainly confirmed that. With delegates from more than 120 companies and the key banks in the...
Economy

Things are finally looking up for Asia

Asia has managed to stabilise itself thanks to China’s improved economic performance Suparna Goswami Bhattacharya October 20, 2016: It is the last quarter of the year and things have changed drastically since January for the global economy. Asia, in particular, has witnessed a change in outlook by economists. Back in January, things looked shaky. Chinese...
Economy

‘China’s shift to services not good in long run’

The country is going through premature deindustrialisation, say experts Suparna Goswami Bhattacharya August 3, 2016: Of late, China has been less in the news for its ‘slowdown’. Economic activity in the country has stabilised in recent months, mostly on the back of the property market rally and strong infrastructure investments. But, there is another challenge...
Economy

Oil at $50 is not a cause for concern

Experts say the quantum of price increase is not difficult to absorb IFM Correspondent May 27, 2016: After hovering around $30 per barrel for close to five months, oil price is finally heading northwards. The price touched $50 a barrel — around 70 per cent up on its February low. It is a rapid climb,...
Banking

BoK may keep policy rate on hold

Change of board members in April 2016 may have been a factor behind the move IFM Correspondent March 7, 2016: Bank of Korea (BoK), the central bank of South Korea, is likely to keep its policy rate on hold when it meets on March 10 despite the economy being weak with January posting slower than...
Economy

Betting big on India

Acting as a catalyst to its growth story is US President Barack Obama’s recent visit, which may inspire investors to pile up Indian stocks throughout 2015 Suparna Goswami Bhattacharya February 19, 2015: If one were to describe India’s growth story in one line, it would read something like this– A nation of unrealised potential. The...