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HSBC ASIA EXPANSION
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- Manufacturing activity at 3-month high in May despite cost woesIndia's manufacturing sector saw strong growth in May, reaching a three-month high. Demand remained steady, boosted by infrastructure proje...
- India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
- Private sector activity eases in May; HSBC flash PMI slips to 58.1 amid West Asia conflictIndia's private sector activity saw a slight dip in May. New orders, output, and exports grew slower. This slowdown was influenced by the W...
- The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
- Europe lacks everything needed to make its stock market a winnerEuropean stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a glob...
- Wall Street upside? HSBC sees S&P 500 at 8,000, raises 2026 target as AI boom and tech earnings fuel optimismHSBC raised its 2026 S&P 500 target to 7,650, citing strong corporate earnings and resilient technology stocks. The brokerage said improvin...
- India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...
- PMI rises to 54.7; Inflation pressures mountIndia's manufacturing sector saw modest growth in April. New orders and production improved, boosting activity. However, rising costs due t...
- Bharti looks to sell 85% of insurance business to PrudentialBharti Group is in talks to sell up to 85% of its life insurance business to Prudential Plc for an estimated ₹7,000-8,000 cr. This potentia...
- India Inc pulls back a bit from Gulf as cracks widen across operationsIndian consumer companies are scaling back West Asian operations due to steep losses and a fivefold surge in container costs amid the US-Is...
- India services growth slows to 14-month low in March amid rising costs, weak demandIndia's services sector saw its slowest growth in 14 months during March. This slowdown was influenced by the Middle East conflict affectin...
- PMI slows to lowest level in 4 years in MarchIn March 2026, India's manufacturing sector hit a snag with its lowest growth in nearly four years. The HSBC India Manufacturing PMI took a...
- Private sector growth hits 3.5-year low in MarchIndia's private sector growth slowed to its weakest pace in over three years in March, impacted by the West Asia conflict dampening demand ...
- HSBC pulling back from China credit card business after struggling to expandHSBC is retreating from its struggling credit card business in China, ceasing new card issuance and planning to wind down services for most...
- HSBC reaches deal to buy out China fund partnerHSBC, which currently owns a 49% stake in HSBC Jintrust Fund Management, has signed an agreement with Shanxi Trust under which the Chinese ...
- HSBC arm picks up stake in Newgen for Rs 30 croreNew Delhi-based software product firm Newgen Software Technologies on Monday announced that a wholly-owned subsidiary of HSBC Asian Venture...
- HSBC to refocus on emerging mktsHSBC Holdings Plc to step up expansion in emerging markets such as India.
- ANZ hires HSBC's Smith as CEOAustralia & New Zealand Banking Group hired HSBC Holdings’ head of Asia Michael Smith as chief executive officer to drive expansion in the ...
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