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India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
China's credit growth slips below estimatesApril marked a significant slowdown in China's credit growth, tumbling below projections. Banks curtailed the issuance of new loans, while ...
China's factories jolt back to inflation on Iran war price shockChina’s factory-gate inflation turned positive in March for the first time in over three years, with the producer price index rising 0.5% y...
AI demand is shielding China’s booming trade from war shocksThis AI-driven upcycle, particularly in semiconductors, signals resilience for the nation's external trade outlook.
ANZ Bank in talks with Australia Pensions on India investmentsANZ Group Holdings Ltd. is exploring investment opportunities in India's infrastructure assets and debt market with Australian pension fund...
Oil prices down on weaker growth in China, US rate hike jittersBrent crude futures fell 37 cents, or 0.44%, to $83.08 a barrel, while U.S. West Texas Intermediate crude (WTI) was down 39 cents, or 0.49%...
China property protests threaten to dent $220 bln of banks' mortgage loansThe widening home buyer protest in China adds to the woes for the country's property sector, which accounts for a quarter of the economy, a...
Biggest forex buyer in emerging Asia builds on record bufferIt purchased $30 billion of foreign exchange in the four months to July to bolster what is already the world’s fifth-largest FX hoard.
Central banks just love gold and it's going to stay that wayCentral-bank accumulation of bullion has emerged as a increasingly important trend.
Oil bounces back, but markets remain fragile amid trade disputesUS West Texas Intermediate (WTI) crude futures were up 63 cents, or 1.1 per cent.
ANZ Bank may apply for more branch licences in India, looks to hire moreANZ Banking Group may apply for more branch licences in India, even as it is looking to invest, expand and hire more in this country.
- Australia's ANZ to invest another $300 million in China
Banking giant ANZ announced plans to invest another Aus$300 million to expand its China operations, boosting the number of its outlets in t...
- Agricultural Bank of China, ANZ, DBS & RBC among bidders for RBS Asia equities and advisory business
ABC, ANZ, DBS Bank and RBC are among those who have submitted interest to purchase parts of the Asian equities and advisory business of RBS...
- China PMI shrinks for 1st time in 3 yrs as economy slows down
The Chinese economy is headed for troubled waters, with its manufacturing sector shrinking in November for the first time in nearly three y...
ANZ pledges to form subsidiary in IndiaAustralia and New Zealand Banking Group (ANZ) pledged to form a subsidiary in India unlike rivals that see obstacles.
- HCL, Finzsoft partner for banking solution
HCL Technologies has entered into an agreement with the New Zealand-based banking and finance software solutions company Finzsoft.
- ANZ bank gets RBI okay to open account in India again
Ten years after selling off its business in India, Middle East and other parts of South Asia, Australia and New Zealand (ANZ) Banking Group...
- Global bank majors find India hot, vie for licence
Top global banking majors have sought a licence in India, the most attractive mkt after China. Stocks 52 Week: High | Low | Gainers & Loser...
- ANZ hires HSBC's Smith as CEO
Australia & New Zealand Banking Group hired HSBC Holdings’ head of Asia Michael Smith as chief executive officer to drive expansion in the ...