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HSBC MALAYSIA
India's services growth hits six-month high on domestic demandIndia's service sector experienced its fastest expansion in six months in May, driven by robust demand and new business wins. Manufacturing...- HSBC sees Biocon share price rallying up to Rs 430; stock surges 5%Biocon Ltd shares rose 4.7% after HSBC upgraded its rating to "buy" and raised the target price to Rs 430. The upgrade reflects a turnaroun...
- ICRA appoints Ramnath Krishnan as President of RatingsKrishnan will be responsible for driving strategy for ICRA, the group’s ratings business, continuing to strengthen ICRA’s analytical capabi...
- HSBC study shows Indian parents are crazy about sending kids to foreign universityThe study of over 8,000 parents found that more than two-fifths (42%) would consider sending their child to university abroad, compared to ...
- HSBC still underweight on the Indian marketFactors such as higher public sector salaries and lower fuel prices, which have supported consumption in the past, are also tapering off.
- India less vulnerable to global shocks than before: HSBCSince the Asian Crisis in 1997, the region has run large and persistent current account surpluses as savings exceed investments, HSBC said.
- India ranked cheapest for international students: StudyThe study was carried out by HSBC's Retail Banking and Wealth Management business, drawing on publicly available sources including universi...
- FDI flows likely to rise in India, Asean: HSBCForeign direct investment is likely to rise in India thanks to large labour force and strong domestic market, but weak infrastructure and r...
- HSBC to scale back Islamic banking operationsThe bank will focus its Islamic finance business on customers in Malaysia & Saudi Arabia and keep a limited presence in Indonesia.
- India will be Asia's fastest growing exporter and importer in five years: HSBC reportOver the next five years, India will serve as Asia's fastest growing exporter and importer with annualised growth averaging 5% and 7% respe...
- Credit card numbers dropped in India in 2011: HSBC surveyThe proportion of single card-holders has grown most in India in 2011 at 90%. The second was the Philippines with 84%, followed by Malaysia...
- Number of credit card holders in India dipThe number of credit cardholders in India has dipped. The credit cardholders in India stands at 21% in 2011 as compared to 23 % in 2010 sai...
- 'There is no reason why trade values cannot surpass 2008-09 figures'Puneet Chaddha, managing director and head (commercial banking), HSBC India, gives his views on Indo-Malaysian trade.
- India is HSBC Life's 2nd largest marketIndia has emerged the second-largest life insurance market for HSBC after Hong Kong in terms of new business premium.
- HSBC may get to take over some branches of ABNHSBC may get a go-ahead from the regulator to take over some of the branches of ABN Amro in India when it acquires the retail and commercia...
- HSBC eyes ING, RBS assets in AsiaGlobal lender HSBC is in advanced talks to buy assets of two troubled financial groups--ING and RBS in Asia in a move to expand its base in...
- HSBC in talks to buy RBS Asia assets including in India: ReportFinancial services major HSBC Holdings Plc is in advanced talks to acquire the retail and commercial banking assets of Royal Bank of Scotla...
- Indo-Malaysia trade opportunities galoreThe trade between India and Malaysia has been growing steadily over the last few years. Puneet Chaddha, country head, commercial banking, H...
- HSBC turns to rising markets for takeoversAfter taking a $10.6-billion hit due to bad loans after the acquisition of Household in the US, HSBC on Thursday announced that it would no...
- India pumps it up for HSBC, profit up 85%With corporates on a roll, India’s importance for global banks has grown manifold. India is now the 10th largest profit contributor for Eur...
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