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Hong Kong Stock Exchange

Hong Kong stocks notch best day in a month as protests scale down

Hong Kong's benchmark index posted its biggest daily gain in more than a month on Monday, as pro-democracy activists scaled down protests and upbeat U.S. jobs data provided some relief over the outlook for the global economy.

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Steel factory in China

China final September HSBC PMI steady but risks remain

China's vast factory sector showed signs of steadying in September as export orders climbed, a private survey showed on Tuesday, easing fears of a hard landing but pointing to a still-sluggish economy facing considerable risks.

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Traders work on the floor of the New York Stock Exchange

Stocks fall, bonds rise on Hong Kong unrest

Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while U.S. Treasury debt prices rose over uncertainty sparked by the protests.

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London Stock Exchange

Luxury shoe brand Jimmy Choo to float on London Stock Exchange

European luxury shoe brand Jimmy Choo said on Tuesday that it would float on the London Stock Exchange, with an offer of existing shares from owner JAB Luxury.

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China Car Factory

China September factory activity edges up on stronger orders but employment shrinks

Activity in China's manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, a survey showed on Tuesday, a potential source of worry for Communist leaders who prize social stability above all else.

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Goldman Sachs

Goldman Sachs plans sukuk issue as Islamic finance goes mainstream

Goldman Sachs (GS.N) is reviving plans to issue at least $500 million worth of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.

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India Oil Well

Citi and HSBC among banks to manage $3 bln ONGC share sale -sources

Citigroup and HSBC are among five banks chosen to manage India's planned sale of a stake in state oil company Oil and Natural Gas Corp (ONGC), three sources with direct knowledge of the development said on Monday.

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JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC

Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.

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HSBC's Natalie Blyth learns business lesson from bees

For investment banker Natalie Blyth, the bees gave her a business model to follow and teaches her lessons about "risk, efficiency and productivity," Reuters reported.

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Daimler AG

Daimler-backed BAIC Motor plans $2B Hong Kong IPO in 2014 -IFR

Chinese auto manufacturer BAIC Motor plans to raise around $2 billion in an initial public offering (IPO) in Hong Kong in 2014's second quarter, according to sources cited by Thomson Reuters publication IFR.

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Oxford Instruments

Belfast's Andor finally agrees to £176M Oxford Instruments takeover

Belfast-based scientific camera maker Andor Technology has finally agreed to a GBP176 million takeover bid from Oxford Instruments after five months of stalemate between the two firms.

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Bankers says HSBC spinoff of UK operations is a logical offshoot of ringfencing requirements

Bankers told the Financial Times that the news of HSBC's planned spinoff of its UK unit logically follows the ringfencing requirements that will be part of the UK Banking Reform Bill about to be passed through the British parliament.

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People enter and exit the AVIVA headquarters building in Dublin October 19, 2011. REUTERS/Cathal McNaughton

Aviva, Sabanci hire banks for Turkish pension unit IPO - sources

British insurer Aviva Plc and Turkey's Sabanci Holding have mandated Citigroup and HSBC to sell between 20 and 25 percent of Turkish life and pensions joint venture Avivasa Emeklilik & Hayat Sigorta in an initial public offering, two sources told Reuters on Friday.

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A structure showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt July 11, 2012. REUTERS/Alex Domanski

Banks expecting ECB rate cut

More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.

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HSBC's USD2.46 billion judgment just tip of iceberg

As ordered by US District Judge Ronald Guzman, HSBC and individual plaintiffs would go into the process of evidentiary discovery.

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