Credit Suisse stays at 'hold' on HSBC, now expects share buybacks

3rd Aug 2021 12:25

(Sharecast News) - Analysts at Credit Suisse stayed at 'hold' on shares of HSBC, noting the lender's outlook for interest rates and likelihood of share buybacks being announced soon.

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Credit Suisse stays at 'hold' on HSBC, now expects share buybacks

3rd Aug 2021 12:25

(Sharecast News) - Analysts at Credit Suisse stayed at 'hold' on shares of HSBC, noting the lender's outlook for interest rates and likelihood of share buybacks being announced soon.

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Tuesday broker round-up

3rd Aug 2021 12:23

(Sharecast News) - Rightmove: Berenberg upgrades from 'sell' to 'hold' and lifts target price from 455.0p to 710.0p; Credit Suisse stays at 'neutral' and raises target price from 600.0p to 660.0p.

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HSBC resumes dividends as first-half profits soar

2nd Aug 2021 07:01

(Sharecast News) - HSBC on Monday said it would reinstate dividends after first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off.

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HSBC resumes dividends as first-half profits soar

2nd Aug 2021 07:01

(Sharecast News) - HSBC on Monday said it would reinstate dividends after first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off.

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Official China factory PMI slows more than expected in July

31st Jul 2021 18:54

(Sharecast News) - Activity in China's factory sector slowed more than expected in July amid higher weaker demand overseas, equipment maintenance and higher input costs, the results of a closely-followed survey revealed.

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No breakthrough at latest US-China talks

26th Jul 2021 14:24

(Sharecast News) - Talks between top Chinese and US diplomats on Sunday and Monday reportedly ended in stalemate as China refused to budge on multiple foreign policy issues.

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Chinese crackdown on US-listed stocks signals start of 'Cold War', Roach says

26th Jul 2021 12:23

(Sharecast News) - Beijing's moves against US-listed Chinese firms may be signalling the start of a 'cold war' between the two countries, a well-considered expert said.

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Barclays on outlook for Treasury yields

22nd Jul 2021 14:44

(Sharecast News) - Economists at Barclays Research think longer-term US Treasury note yields will head back higher in the back half of 2021, although they also thought that financial markets were right in judging inflationary risks to be 'transitory'.

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BoE removes restrictions on bank dividends

13th Jul 2021 07:26

(Sharecast News) - The Bank of England has removed restrictions on bank dividend payouts introduced in the wake of the Covid-19 pandemic as the sector remains "well-capitalised" and "resilient".

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Sunday newspaper round-up: Smiths Group, Virgin Galactic, Sainsbury

11th Jul 2021 18:09

(Sharecast News) - One of Britain's biggest engineering firms is on the cusp of a major break-up after receiving a £2billion takeover approach for its medical division from a US private equity predator. City sources said FTSE 100-listed engineering giant Smiths Group has been holding talks with Boston-based TA Associates. Bankers from Goldman Sachs are said to be working on the deal. - Financial Mail on Sunday

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Chinese 'narrow' money supply growth slowed further in June

9th Jul 2021 11:50

(Sharecast News) - Chinese money supply growth slowed more sharply than expected last month, but some economists warned against reading too much into the latest figures.

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PBoC cuts lenders' reserve requirement ratio

9th Jul 2021 11:21

(Sharecast News) - The People's Bank of China lowered the amount of reserves that the country's lenders need to keep on hand as reserves in a bid to keep financial conditions from tightening.

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Fed avoids providing timeline for start of 'tapering', FOMC minutes show

8th Jul 2021 01:07

(Sharecast News) - US central bankers began a discussion on when to start restricting their extraordinary policy support when they last met, the minutes of their gathering revealed.

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Didi shares fall over 25% in response to Chinese crackdown

6th Jul 2021 11:48

(Sharecast News) - Didi Global shares fell over 25% in US pre-market trade on Tuesday, ahead of its first trading session since Chinese regulators ordered the company's app be taken down in that country.

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