MARKET TALK: HK Short Sales +44.2% Tuesday; Tencent Tops
6th Jul 2010 00:38
2338 GMT [Dow Jones] HK short-selling volume +44.2% at HK$3.855 billion Tuesday, 8.3% of market total vs 6.7% Monday, suggests investors not impressed by HSI's 1.2% rebound yesterday as rise modest vs 4.3% fall over previous 4 sessions. Tencent (0700.HK) leads with HK$336.06 million, then China Life
Read moreUPDATE:BP Oil Spill Loan Inches Up To $9B As More Banks Join-Sources
5th Jul 2010 16:05
(Adds detail, background, comment) By Carol Dean Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Oil company BP PLC's (BP) standby loan has inched up to around $9 billion as more banks join the group of lenders supporting the company against possible claims related to the oil spill in the Gul
Read moreGermany's Phoenix Plans EUR500M 4-Yr High Yield Bond
5th Jul 2010 10:59
LONDON (Dow Jones)--German pharmaceutical distribution company Phoenix Pharmahandel GmbH is planning a EUR500 million, four year high yield bond, with proceeds to be used for repaying debt, a bank working on the deal said Monday. Roadshows for the senior notes will begin in Frankfurt Monday, bef
Read moreMARKET TALK: HK Short Sales Down 49.9% Midday; BoCom Leads
5th Jul 2010 07:35
0635 GMT [Dow Jones] HK short-selling volume down 49.9% at HK$1.127 billion at interval, while percentage of market total lower at 4.9% vs 6.7% Friday's half-day, suggests any further declines in HSI likely limited after index's 0.2% fall midday. Bank of Communications (3328.HK) leads with HK$119.87
Read moreMARKET TALK:HSBC Dn 0.5%;RBS Indian Units Buy Impact Small-JPM
5th Jul 2010 04:39
0339 GMT [Dow Jones] HSBC (0005.HK) down 0.5% at HK$71.35, in line with HSI's 0.5% fall, as news it will buy Indian retail and commercial businesses of Royal Bank of Scotland (RBS) likely taken as neutral. JPMorgan notes transaction is small relative to HSBC (0.08% of total assets) or to Asia ex-HK
Read moreMizuho Corporate Bank To Lead-Manage Bond Issuance In China -Nikkei
4th Jul 2010 18:02
SHANGHAI (Nikkei)--Mizuho Corporate Bank will lead-manage a $400 million bond offering from China Development Bank this month, the first time a foreign bank will serve as a principal underwriter for a bond issuance by a Chinese bank, the Nikkei reported in its July 5 edition. Although the terms
Read moreHSBC Exec Advocates Jail For Defaulting UAE Customers-Report
4th Jul 2010 12:59
DUBAI (Zawya Dow Jones)--HSBC Holdings PLC's (HBC) country head for the United Arab Emirates has advocated jailing defaulting customers in an interview with Dubai-based magazine Arabian Business. Abdulfattah Sharaf told the magazine that detaining individuals with debt problems was an effective
Read moreUPDATE: HSBC To Buy RBS' Indian Retail, Commercial Ops
2nd Jul 2010 11:19
(Adds comment and detail.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) said Friday that it will buy the Indian retail and commercial businesses of Royal Bank of Scotland Group PLC (RBS), which, as opposed to its peer, is shrinking its retail pr
Read moreCORRECT: HSBC To Buy RBS' Indian Retail, Commercial Ops
2nd Jul 2010 10:56
("HSBC To Buy RBS' Indian Retail, Commercial Ops For $95M," at 0911 GMT, misstated the acquisition amount in the first paragraph. The correct version follows:) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HSBC Holdings PLC (HBC) said Friday that it will buy the Indian
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Jul 2010 10:32
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100702/LTN201007021037.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires July 02, 2010 05:32 ET (09:32 GMT)
Read moreHsbc Holdings Plc Acquisition Of Rbs Businesses In India
2nd Jul 2010 10:00
Notes to editors: HSBC in India HSBC is one of India's leading banking and financial services institutions, with over 35,000 employees in its banking, investment banking and capital markets, asset management, life insurance, software development and global resourcing operations. In 2008, the HSBC G
Read moreRussia's Sberbank Not Bidding For Poland's Bank Zachodni WBK
2nd Jul 2010 09:15
MOSCOW (Dow Jones)--OAO Sberbank (SBER.RS), Russia's biggest bank, said it won't be among the bidders for Allied Irish Bank PLC's (AIB) 70.5% stake in Poland's Bank Zachodni WBK SA (BZW.WA). "Sberbank has taken the decision not to participate in the tender for acquiring Bank Zachodni WBK," a spo
Read moreMARKET TALK: HK Short Sales +7.1% Midday; China Mobile Tops
2nd Jul 2010 06:53
0553 GMT [Dow Jones] HK short-selling volume +7.1% at HK$2.248 billion midday, as percentage of market total at 6.7% little changed vs 6.8% at Wednesday's half-day, suggesting bears not aggressively adding to positions. China Mobile (0941.HK) tops list with HK$117.51 million -- only stock to manage
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Jul 2010 02:24
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100702/LTN20100702115.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires July 01, 2010 21:24 ET (01:24 GMT)
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
2nd Jul 2010 02:20
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100702/LTN20100702109.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires July 01, 2010 21:20 ET (01:20 GMT)
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