42 results

HSBC set out  eleven criteria on Tuesay it will use to evaluate whether to move its headquarters from London to Asia, likely Hong Kong. (Photograph: Philippe Lopez/AFP/Getty Images)

HSBC will cut almost 50,000 jobs from its payroll, take an axe to its investment bank and shrink its risk weighted assets by $290 billion in an eff(...)

Traders work on the floor of the New York Stock. Photograph: Brendan McDermid/Reuters

Asian stocks buckled while the dollar held firm on Monday after strong US jobs data fanned expectations that the US Federal Reserve may raise interest(...)

A woman passes a sign advertising bank interest rates for home loans in Sydney today. Australia’s central bank kept its cash rate steady at a record low of 2.5 percent for a 13th straight meeting overnight, a widely expected decision given the economy is fighting the drag from a cooling mining sector and lower export prices. The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. Photograph: David Gray/Reuters

Asian shares inched tentatively higher on Tuesday as the focus turned to an imminent policy decision from the Bank of Japan, while the dollar rebounde(...)

Euro zone industrial output jumped twice as much as expected in July, breaking a two-month trend of contraction and raising hopes that the single curr(...)

 Bitcoin traders have agreed to  settle proposed  class action lawsuits over failed Mt Gox exchange. Photo: Bloomberg

US and Canadian customers of failed Tokyo-based bitcoin exchange Mt Gox have agreed to settle their proposed class action lawsuits that allege(...)

A twenty-five bitcoin, right, and one bitcoin are arranged for a photograph in Tokyo, Japan. Photo: Bloomberg

Mizuho Bank, one of Japan’s largest lenders, has became ensnared in North American legal fallout from Mt Gox, once the world’s biggest bitcoin (...)

People work on a gondola next to a construction site in Tokyo. Japan’s factory output rose in January at the fastest pace in more than two years and core inflation hovered at five-year highs, suggesting the economy has enough momentum to withstand an expected hit from a sales tax hike scheduled for April. Photograph: Yuya Shino/Reuters

Japan’s factory output rose in January at the fastest pace in more than two years and core inflation hovered at five-year highs, suggesting the(...)

A customer waits to deposit Indian 1000 rupee banknotes at a counter inside a bank  in Mumbai. India’s central bank has raised interest rates for the third time in six months, responding to sustained pressure on the rupee and accelerating inflation. Photographer: Dhiraj Singh/Bloomberg

Emerging market central banks have stepped up the fight against inflation and falling currencies, helping emerging market equities stage a nascent rec(...)

Ryanair, which is due to announce a new deal with Dublin Airport Authority today, fell 1.56 per cent to end the day at €5.695. Photograph: Rui Vieira/PA Wire

Stock markets across Europe fell as investors speculated that central banks will ease back on stimulus measures and on a general weakness in Asian mar(...)

Private industry in the euro zone expanded for the first time in more than a year in July, which was also a good month for US factories, but the massi(...)

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