According to Swift, the renminbi is one of the world’s top three currencies ... lending and corporate cash management for Greater China. Lee explained that the bank manages its risks through ...

HSBC is arguably choosing a side where it has better growth prospects, even though there is uncertainty given China’s economic slowdown and regulatory crackdowns.” ...

HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets ...

Some believe the significant boost in U.S. computational capabilities will widen the gap with China in artificial intelligence. “And this is an industrial buildout that, at least right now ...

We must be living in the Upside Down right now, because why is Taylor Swift being booed at the Super Bowl while Donald Trump gets cheers? Early into the first quarter of the 2025 Super Bowl ...

HSBC's headcount fell 3% last year and its staff bonus pool hardly changed as a new CEO sharpened focus on costs and ...

However, current financial numbers may not be the only driving force behind HSBC’s recent decisions. Stamakun also believes geopolitics have played a role. “The U.S. government’s position on the ...

That amplifies attention on US export curbs of such advanced semiconductors to China, which were intended to prevent a breakthrough of the sort that DeepSeek appears to represent. DeepSeek says R1 ...

Economic relations between the U.S. and China have been deteriorating for years, but a new presidential administration offers the opportunity to reset the relationship. That’s what the US-China ...

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...

The much better efficiency of DeepSeek puts into question the need for vast expenditures of capital to acquire the latest and most powerful AI accelerators from the ...

Here's what we know about the industry disruptor from China. The Hangzhou ... independent researchers can look at the code of the model and try to determine whether it is secure.