SINGAPORE, Jan 10 (Reuters) – HSBC recommendsinvestors buy Sembcorp Marine Ltd instead of KeppelCorp to benefit from growing exploration activity inoil and gas. HSBC said at a briefing on Tuesday that SembcorpMarine is one of its top 10 stock picks for Asia excludingJapan. HSBC values Sembcorp Marine at S$6.05. COMMENTS: “The Asia Super Ten...
The Australian dollar presents the least appealing investment opportunity of any of the G10 currencies this year, according to an HSBC report. (read the story…) Related items Mongolia – Promising emerging market Philanthropic giving in Asia expected to grow rapidly Emerging markets "represent major investment opportunity" It may be time to revisit structured products...
Jan 06 – — On Oct. 7, 2011, we placed the ratings on three HSBC Asian insurance subsidiaries on CreditWatch with negative implications. — This reflected our view that HSBC Holdings PLC could possibly divest its general insurance operations in Hong Kong and Singapore and that we may consequently reduce the notches of group...
SINGAPORE, Dec 8 (Bernama) — Singapore has been ranked tops in Asia andthird globally, where the wealth and finances of its expatriates in areassuch as earning levels, disposable income, spending, savings, investing patternsand the impact of the current global financial climate, is concerned.This is revealed in the latest findings of the 2011 Expat Explorer...
SINGAPORE, Oct 19 — The Asian retail arm of Malaysia’s Parkson Holdings is planning to raise up to S$200 million (RM491 million) in a Singapore initial public offering, a source told Reuters today. Parkson Retail Asia was looking to sell shares at an indicative price of S$0.935-S$1.07 each, the source said. HSBC has been...
New HSBC study suggests that charity is increasing along with wealth and Asian philanthropists have an enormous opportunity to make an impact (read the story…) Related items Australia worst of G10 currencies: HSBC Singapore best place in Asia for expats: survey Singapore sees S$300-b opportunity in green buildings programme Opportunity missed? Emerging markets "represent...
SINGAPORE: HSBC expects its business flows between Singapore and India to more than double in the near-term. That is according to the bank’s India CEO, Stuart Davis. (read on…) Related items HSBC Singapore appoints Paul Arrowsmith head of retail banking and wealth management HSBC hiring, not axing, staff in Singapore S’pore SMEs eye China...
HONG KONG (Reuters) – HSBC Holdings Plc has launched the sale of its non-life insurance business, sources told Reuters on Monday, a global division worth about $1 billion and now part of the bank’s plan to strip away non-core units. (read on…) Related items TEXT-S&P cuts rtgs on 2 HSBC Hong Kong Insurance subs;...
Sept. 8 (Bloomberg) — Leif Eskesen, chief Asean economist at HSBC, talks about the outlook for Southeast Asian economies and monetary policy. Eskesen speaks in Hong Kong with Angie Lau, Susan Li and Rishaad Salamat on Bloomberg Television’s “Asia Edge.” (Source: Bloomberg) (read more here…) Related items Myanmar taps Singapore expertise to modernise economy...
Paul Arrowsmith has been appointed Head of Retail Banking and Wealth Management (RBWM) at HSBC Singapore with effect from 1 August 2011. In his new role, Mr Arrowsmith will manage and lead all aspects (read on…) Related items S’pore-India business flow to more than double: HSBC HSBC hiring, not axing, staff in Singapore S’pore...
HSBC today announced two new appointments in its management team for the Trade and Supply Chain business. Terence Chiu has been appointed Head of Trade and Supply Chain for Hong Kong. Terence takes ov (read on…) Related items Singapore Stocks-May slip as Greek talks stall; Olam in focus UPDATE 1-Singapore's Olam in $400 mln...
Not only will Singapore staff be spared the axe as banking giant HSBC moves to slash 25,000 jobs in the next two years, but its headcount here will also be increased. HSBC Singapore chief executive A ….. (read on…) Related items Edmund Koh accepts top Singapore job at UBS HSBC Singapore appoints Paul Arrowsmith...
