The Philippines is exploring the possibility of converting two islands that were once part of a U.S. navy base into a ...
Starting 2025, HSBC and Philips will convert into RMB the intra-group cross-border foreign currency payments and receipts of Philips entities in Mainland China.
HSBC reiterated its commitment to mainland China as a “priority market” after two sources said the lender was reducing staff numbers at its digital wealth-management business Pinnacle by ...
also recently acquired the remaining 50% stake in HSBC Life China and launched other private banking initiatives across six cities in mainland China. In 2022, HSBC raised its stake in its Chinese ...
According to Morgan Stanley’s chief China economist, Robin Xing, the change was made because of a “stronger-than-expected starting point” plus growth in capital expenditures, the bank said in an ...
HSBC has upgraded its economic outlook for China, raising its 2025 GDP growth forecast to 4.8% from the previously projected ...