• Sunday
  • November 23, 2014
  • Last updated: 10:26pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 43 for hsbc

Search results

  1. Business - Banking & Finance - CURRENCIES

    Sydney yuan hub status a windfall for importers

    Posted Nov 18th 2014, 05:11am by Bloomberg

    ... than first converting them into US dollars, will save companies as much as 7 per cent on deals with China, according to HSBC. Chinese investment into Australia has the potential to increase ...

  2. Business - Banking & Finance - CURRENCIES

    Shanghai's role shrinks as Hong Kong scraps yuan cap

    Posted Nov 14th 2014, 07:00am by Daniel Ren

    ... yuan assets freely, the city was set to witness "broader growth" of the offshore yuan market, HSBC said in a research note. "Eventually, Shanghai will be forced to focus on only ...

  3. Business - Money - CURRENCIES

    Yuan hits its stride as offshore hubs catch up

    Posted Oct 31st 2014, 06:04am by Jeanny Yu

    ... in trade, investment, cash management and funding," said Vina Cheung, HSBC's global head of yuan internationalisation, payments and cash management. "HSBC forecasts that a third ...

  4. Business - Banking & Finance - CURRENCIES

    Banks raise offshore yuan deposit rates ahead of through train scheme

    Posted Nov 05th 2014, 03:21am by Jeanny Yu

    ... eight banks have raised their yuan deposit rates or extended their promotional offers. HSBC and China Construction Bank were the two banks that raised their short-term yuan deposit rates last ... The one-month Shanghai Interbank Offered Rate, the interbank borrowing rate on mainland, now stands at 3.9 per cent. HSBC on Friday raised its one-week yuan deposit rate from 0.45 per cent to 6.5 per ...

  5. Business - Banking & Finance - CURRENCIES

    Hong Kong yuan business boosted by banks' appointments as liquidity providers

    Posted Nov 04th 2014, 05:37am by Jeanny Yu

    ... urged international fund managers to apply through their overseas units for fresh yuan investment quotas. Bank of China, BNP Paribas, China Construction Bank, Citibank, HSBC, Industrial ...

  6. Business - Economy - CURRENCIES

    Yuan milestone as onshore direct trade with Singapore dollar starts

    Posted Oct 28th 2014, 05:42am by Jeanny Yu

    ... the acceleration of renminbi internationalisation, as well as its growing prominence in global currency markets," said Ryan Song, head of markets for China at HSBC, which was picked as one ...

  7. Business - Companies - CURRENCIES

    Soaring greenback poses earnings threat to US companies

    Posted Oct 07th 2014, 12:14pm by Reuters

    ... rates, according to KPMG. Amid the increasingly crowded playing field, prices have jumped more than 10 per cent since January, HSBC data shows. "Investors are flocking to Europe because ... as co-head of HSBC's credit situations group in London. "The market for non-core and distressed assets has become more competitive," Murphy said. "The trend towards selling ...

  8. Business - Economy - CURRENCIES

    Pound traders braced for more political turbulence

    Posted Oct 21st 2014, 04:56am by Bloomberg

    ... for the pound, said David Bloom, the global head of currency strategy at HSBC Holdings. A measure of anticipated price swings in the pound during the next 12 months has jumped since October 9, when ...

  9. Business - Banking & Finance - CURRENCIES

    Yuan to start direct trading with euro today

    Posted Sep 30th 2014, 04:32am by Bloomberg

    ... when conducting bilateral trade and investment, the People's Bank of China said yesterday in a statement on its website. HSBC said separately it had received regulatory approval to be one ... report by HSBC that was based on a survey of 1,304 businesses in 11 major economies that have ties with the mainland. Some 26 per cent of French companies and 23 per cent of German ones were ...

  10. Business - Economy - CURRENCIES

    Use of yuan in cross-border mainland China trade hits 3-month low

    Posted Sep 13th 2014, 04:47am by Jeanny Yu

    ... of the year, a 1.8 per cent decline from yesterday's close of 6.1354, as it is bullish on the US currency. HSBC, however, expects the yuan to rise further by year-end on the back of a large trade ... HSBC's currency analysts said in a note. "While official intervention is on the sidelines for now and [yuan] strength could overshoot, we cannot lose sight of China's [foreign exchange] ...




SCMP.com Account