China's manufacturing sector hits ten-year high
1st Dec 2020 11:19
(Sharecast News) - The Chinese manufacturing sector has hit a 10-year high, a private sector survey showed on Tuesday, as the economy continued to rebound from the Covid-19 pandemic.
Read moreCiti cautiously optimistic on HK lenders, prefers StanChart and HSBC
30th Nov 2020 11:44
(Sharecast News) - Analysts at Citi sounded a cautiously optimistic note on the outlook for the main Hong Kong banking groups - and for StanChart and HSBC in particular - on the back of the improving macroeconomic backdrop.
Read moreLloyds hires HSBC's Charlie Nunn as CEO
30th Nov 2020 07:02
(Sharecast News) - Lloyds Banking Group has hired Charlie Nunn, HSBC's head of retail banking, as the FTSE 100 lender's next chief executive.
Read moreSunday newspaper round-up: Brexit, HSBC, BT
29th Nov 2020 18:52
(Sharecast News) - The Foreign Secretary Dominic Raab has claimed there is a "Brexit deal to be done" this week, but warned fishing rights remained an "outstanding major bone of contention" in trade talks. Mr Raab suggested it could be the "last week or so" of substantive negotiations as he urged Brussels to give ground on fishing rights by accepting Britain's right to control its own waters as a "point of principle." - Sunday Telegraph
Read moreSector movers: Health Care stocks and Banks pace gains
27th Nov 2020 16:29
(Sharecast News) - Shares of those firms that are more insulated from fallout of the Covid-19 pandemic paced gains at the end of the week, after the government unveiled a stricter tiered system that would take effect when the latest national lockdown ends on December 2, with tier 3 the most severe.
Read moreBank may soften resistance to restart of UK lenders' dividend payouts
23rd Nov 2020 12:27
(Sharecast News) - UK regulators may be set to ease their resistance to dividend payments starting from early 2021.
Read moreJP Morgan most positive on dividend restarts at NatWest Group and Barclays
23rd Nov 2020 12:09
(Sharecast News) - Analysts at JP Morgan sounded a particularly positive note on the outlook for Barclays and NatWest Group after Bloomberg reported at the weekend that the Prudential Regulatory Authority would consider easing their resistance to dividend payouts from UK lenders on a case-by-case basis.
Read moreTrump to end administration by clamping down on China - reports
16th Nov 2020 13:50
(Sharecast News) - Outgoing US president Donald Trump will end his administration with a series of hard-line policies against Beijing, it was reported on Monday.
Read more15 Asia-Pacific countries sign biggest regional trade deal ever
16th Nov 2020 11:57
(Sharecast News) - Over a dozen Asia Pacific nations inked the largest regional free trade agreement ever at the weekend, spanning a third of the world's population and gross domestic product.
Read moreSector movers: Investors seek out value in 'bombed out' Aerospace, Bank shares
3rd Nov 2020 11:30
(Sharecast News) - Aerospace and Defence names extended their gains from the preceding session on the back of analysts' upgrades, some of whom had pointed out that the historic valuation discount versus the broader market, defined as the Stoxx Europe 600, that they had reached in October.
Read moreThursday broker round-up
29th Oct 2020 13:18
(Sharecast News) - Morrison: Barclays upgrades to equal weight and keeps target price at 180p.
Read moreBrexit deal may be ready by early November - Bloomberg
28th Oct 2020 14:34
(Sharecast News) - A Brexit deal could be ready by early November after progress made by negotiators in unblocking disagreements on maintaining a s0-called 'level playing field' between the UK and the European Union.
Read moreHSBC reports smaller-than-expected fall in Q3 profits
27th Oct 2020 07:02
(Sharecast News) - HSBC Holdings said it planned to move to a fee-based businesses model and consider paying a "conservative" dividend as it unveiled a less-than-expected 36% fall in third quarter profits.
Read moreCiti sees contrarian 'opportunity' in UK banks
12th Oct 2020 12:40
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.
Read moreHSBC targets net zero emissions by 2050 with $1trn in financing
9th Oct 2020 08:16
(Sharecast News) - HSBC is set to target net zero carbon emissions by 2050 at the latest and is expected to provide between $750bn and $1trn in financing to help clients make the change.
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