The business world is not 'deglobalizing':
asia.nikkei.com/Opinion/The-business-world-is-not-deglobalizing
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| Last Updated | Jan 18 |
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Turkey’s ‘Orthodox’ Pivot Makes Lira a Favorite for HSBC: Turkey’s return to a more conventional approach to monetary policy is boosting investor confidence ...
bloomberg.com/news/articles/2024-04-24/turkey-s-orthodox-pivot-makes-lira-a-favorite-for-hsbc
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Turkey’s ‘Orthodox’ Pivot Makes Lira a Favorite for HSBC: Turkey’s return to a more conventional approach to monetary policy is boosting investor confidence ...
bloomberg.com/news/articles/2024-04-24/turkey-s-orthodox-pivot-makes-lira-a-favorite-for-hsbc
Paid articlePaid HSBC’s Private Bank Shuts IAM Business in HK, Singapore: HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong ...
bloomberg.com/news/articles/2024-04-26/hsbc-s-private-bank-shuts-iam-business-in-hk-singapore
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
North Korea officials visit Iran in a rare public trip: A North Korean delegation led by the cabinet minister for international trade is visiting Iran ...
reuters.com/world/north-korea-officials-visit-iran-rare-public-trip-2024-04-23/
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
channelnewsasia.com/business/morgan-stanley-hsbc-china-cutting-dozens-asia-investment-banking-jobs-layoffs-4271861
HSBC Cuts a Dozen Investment Bankers in Asia on Deals Slump: HSBC Holdings Plc has started a new round of job cuts at its Asia investment bank amid a slump in ...
bloomberg.com/news/articles/2024-04-16/hsbc-cuts-a-dozen-investment-bankers-in-asia-on-deals-slump
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Houthis say Iran’s attack on Israel ‘legal’: AL-MUKALLA: Houthi militia said on Sunday that Iran’s large-scale missile and drone launch on Israel was “lawful” ...
arabnews.com/node/2493066/middle-east
HSBC to sell Argentina business as Asia pivot accelerates: HONG KONG -- HSBC Holdings on Tuesday announced the sale of its business in Argentina ...
asia.nikkei.com/Business/Finance/HSBC-to-sell-Argentina-business-as-Asia-pivot-accelerates
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FG launches national single window project for enhanced trade efficiency: The project is designed to reduce clearance times, improve economic metrics ...
premiumtimesng.com/business/business-news/686704-fg-launches-national-single-window-project-for-enhanced-trade-efficiency.html
KKR, HSBC (HSBA LN) Signal Confidence in China Market, Economy: KKR & Co. and HSBC Asset Management sounded an optimistic note on China even as global investors ...
bloomberg.com/news/articles/2024-04-10/kkr-hsbc-talk-up-china-opportunities-after-lengthy-selloff
It's a scam! How deepfakes and voice cloning taps into your cash: A recent deepfake video call with what was thought to be a CFO of a company cost €23 ...
euronews.com/business/2024/04/10/its-a-scam-how-deepfakes-and-voice-cloning-taps-into-your-cash
Hong Kong Sevens 2024: New Zealand peak just as they planned, to retain the title ‘we singled out’
scmp.com/sport/rugby/hk-sevens/article/3258155/hong-kong-sevens-2024-new-zealand-peak-just-they-planned-retain-title-we-singled-out
JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank: JPMorgan and HSBC are among banks trying to capture the startup market, but the California ...
bloomberg.com/opinion/articles/2024-04-24/jpmorgan-s-jamie-dimon-has-a-tech-rival-silicon-valley-bank
Other countries are asking ‘who made you world regulator?’ - EU trade chief: Sabine Weyand said the EU’s attempt to leverage single market power to drive better ...
businesspost.ie/news/other-countries-are-asking-who-made-you-world-regulator-eu-trade-chief/
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Nigeria loses $9.2bn annually to foreign shipowners, say experts: Maritime experts have said that Nigeria is losing a sum of $9.2bn annually to foreign shipping ...
punchng.com/nigeria-loses-9-2bn-annually-to-foreign-shipowners-say-experts/
Neuss: Verdi calls for a strike day at Ikea and Metro: The Ver.di union has employees in retail and wholesale and foreign trade called for a nationwide strike ...
rp-online.de/nrw/staedte/neuss/neuss-verdi-ruft-zum-streiktag-bei-ikea-und-metro-auf_aid-111341875
Warning strike at Ikea and other retailers: 250 demonstrators in Lübeck: Shortly before the next collective bargaining, Verdi is calling on employees in retail ...
ln-online.de/lokales/luebeck/warnstreik-bei-ikea-und-anderen-einzelhaendlern-250-demonstrierende-in-luebeck-WF4UUPNWJFE7FEIOKBSJJL2URM.html
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Comparing Gray-Zone Tactics in the Red Sea and the South China Sea: The Houthis’ activities in the Red Sea and the Chinese actions around Second Thomas Shoal ...
thediplomat.com/2024/04/comparing-gray-zone-tactics-in-the-red-sea-and-the-south-china-sea/
Ukraine is Anticipating the Upcoming of a New Era for its Relations with Brazil : The Ukrainian side is sending Brazil messages signaling its desire for ...
ukrinform.net/rubric-polytics/3857032-ukraine-is-anticipating-the-upcoming-of-a-new-era-for-its-relations-with-brazil.html
Union calls for a strike at Ikea and Metro: These are the effects on the locations in Siegen
siegener-zeitung.de/lokales/siegerland/siegen/gewerkschaft-ruft-zum-streik-bei-ikea-und-metro-auf-das-sind-die-auswirkungen-auf-die-standorte-in-QXBW7CHVGBHG7HL4VI5INQZB24.html
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Collective bargaining conflict: Verdi plans nationwide strike: Verdi is again calling for a nationwide strike. This time the appeal is aimed at employees both ...
lebensmittelzeitung.net/politik/nachrichten/tarifkonflikt-verdi-plant-bundesweiten-streik-177422
Paid articlePaid A blast near a ship off Yemen may mark a new attack by Houthis after a recent lull
arabnews.com/node/2498546/middle-east
Usiminas Gains Most from Steel Trade Protection in Brazil: Brazil's government recently raised the import tariff on steel to 25% for selected products ...
riotimesonline.com/usiminas-gains-most-from-steel-trade-protection-in-brazil/
GCC commerce officials discuss trade, investment | kuwaittimes: GCC commerce officials discuss trade, investment - Kuwait - DOHA: Undersecretaries of the ...
kuwaittimes.com/article/13516/kuwait/other-news/gcc-commerce-officials-discuss-trade-investment/
Visa appoints Sabbir Ahmed as country manager for Bangladesh, Nepal and Bhutan: Visa has appointed Sabbir Ahmed as the country manager for Bangladesh ...
thedailystar.net/business/news/visa-appoints-sabbir-ahmed-country-manager-bangladesh-nepal-and-bhutan-3594321
Will Commodities Continue To Outperform In 2024?: Most of the major asset classes are in the red so far this year. A widely followed marker in the commodities ...
seekingalpha.com/article/4685271-will-commodities-continue-to-outperform-in-2024
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Trending on tick-tock: why British watches have hit the big time: UK brands are piquing international interest and proving that a high-status timepiece need not ...
theguardian.com/lifeandstyle/2024/apr/21/trending-on-tick-tock-why-british-watches-international-timepiece-high-status
JSW Steel lenders in talks to refinance Rs 7,500-crore debt: The lenders, including Standard Chartered, HSBC, BNP Paribas and First Abu Dhabi Bank ...
financialexpress.com/business/industry-jsw-steel-lenders-in-talks-to-refinance-rs-7500-crore-debt-3461512/
UAE President witnesses signing of UAE-Costa Rica Comprehensive Economic Partnership Agreement
gulfnews.com/videos/news/uae-president-witnesses-signing-of-uae-costa-rica-comprehensive-economic-partnership-agreement-1.1713420560032
China's government is helping fuel the U.S. fentanyl crisis, House panel reveals
axios.com/2024/04/16/china-fentanyl-crisis-us-house-investigation
Quick Glance: China's Subsidization of Fentanyl Production Intensifying Crisis in the U.S.
- A report from a special House committee states that China is fueling the Fentanyl crisis in the U.S. directly by subsidizing the manufacturing of materials used by traffickers outside the country to produce the drug.
- The committee found that the Chinese government provides tax rebates for the production of specific Fentanyl precursors and other synthetic drugs as long as they are sold outside of China.
- The report highlights that China not only subsidizes the manufacturing of precursor chemicals but also thwarts investigations into illegal manufacturers by warning the targets when formal requests for assistance are made by U.S. law enforcement.
- Former Attorney General William Barr recommended that the U.S. should leverage its trade and economic power to push for stronger enforcement from Chinese authorities, and victims should take civil actions against companies and individuals involved in distributing the precursors and synthetic drugs.
This banker’s memoir recounts his journey from a junior officer to executive director
scroll.in/article/1064649/this-bankers-memoir-recounts-his-journey-from-a-junior-officer-to-executive-director
Developer Times China faces winding-up case from HSBC unit: SHANGHAI/HONG KONG -- Hong Kong lender Hang Seng Bank has filed a petition with the territory's ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Developer-Times-China-faces-winding-up-case-from-HSBC-unit
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Two Tales Of Subsidies| Countercurrents: The Secretary of the US Department of the Treasury, Janet L. Yellen visited the People’s Republic of China (PRC) from ...
countercurrents.org/2024/04/two-tales-of-subsidies/
Merchandise trade deficit in March stands at $15.6 billion, shows data: According to commerce ministry data released on Monday, the imports during 2023-24 stood ...
business-standard.com/economy/news/merchandise-trade-deficit-in-march-stands-at-15-6-billion-shows-data-124041500438_1.html
Hong Kong Taxes: City Considers Changing Rules to Lure Private Credit Business: Hong Kong’s government is considering new tax rules that would give more ...
bloomberg.com/news/articles/2024-04-10/hong-kong-taxes-city-considers-changing-rules-to-lure-private-credit-business
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Türkiye unveils curbs on exports to Israel until Gaza cease-fire: Türkiye on Tuesday announced it was restricting exports of a wide range of products to Israel ...
dailysabah.com/business/economy/turkiye-unveils-curbs-on-exports-to-israel-until-gaza-cease-fire
Quick Glance: US Warns of Possible Iranian Attacks on Israel
- The United States believes Iran could attack Israel in the coming days, potentially escalating a war in the region.
- Threats of an Iranian attack on Israeli assets have been shared with U.S. lawmakers.
- The attacks are expected to be in retaliation for Israel's airstrike in Syria last week, which killed a top Iranian Revolutionary Guard Corps commander.
- The U.S. is concerned about the potential destabilization of the region due to a possible Iranian attack.
The EU Must Seize its Opportunity to Inspire, Not Regulate, Innovation: New leadership must determine which policies can help Europe balance sustainability and ...
euractiv.com/section/digital/opinion/the-eu-must-seize-its-opportunity-to-inspire-not-regulate-innovation/
Caucasus: Transit trade ambitions compound challenges of containing pollution: Will rising prosperity have life-expectancy downside?
eurasianet.org/caucasus-transit-trade-ambitions-compound-challenges-of-containing-pollution
China's March exports and imports shrink, miss forecasts by big margins: China's exports contracted sharply in March while imports unexpectedly shrank ...
reuters.com/markets/asia/chinas-march-exports-imports-shrink-miss-forecasts-by-big-margins-2024-04-12/
Maldives in discussion with India to pay in local currency for imports: Minister: Male, Apr 12 (PTI) The Maldives is currently discussing with India if the ...
deccanherald.com/world/maldives-in-discussion-with-india-to-pay-in-local-currency-for-imports-minister-2975383
A story of two halves: The NDA’s foreign trade policy, viewed through FTAs, has changed over two terms
financialexpress.com/opinion/a-story-of-two-halves-the-ndas-foreign-trade-policy-viewed-through-ftas-has-changed-over-two-terms/3455541/
2 in 1: Türkiye grabs record share in global goods, services exports: Türkiye managed to secure a record share in global outbound shipments and services exports ...
dailysabah.com/business/economy/2-in-1-turkiye-grabs-record-share-in-global-goods-services-exports
EU justice chief Reynders defends EU supply chain law against German liberals' rebuke
euractiv.com/section/economy-jobs/news/eu-justice-chief-reynders-defends-eu-supply-chain-law-against-german-liberals-rebuke/
William Dalrymple’s next: How Ancient India changed the world: Historian William Dalrymple argues that India's influence spread far and wide before the Silk ...
indianexpress.com/article/books-and-literature/william-dalrymple-new-book-india-world-9264062/
Türkiye imposes restrictions on exports to Israel amid Gaza war: Türkiye said it would impose restrictions on exports of certain products to Israel over the war ...
dailysabah.com/business/economy/turkiye-imposes-restrictions-on-exports-to-israel-amid-gaza-war
Cathay Pacific Upgrades Premium Economy, Business Class in Time for Summer: Welcome to Hong Kong Edition, your guide to the people and money shaking up the Asian ...
bloomberg.com/news/newsletters/2024-04-11/cathay-pacific-upgrades-premium-economy-business-class-in-time-for-summer
Internationalisation Of The Rupee: Baby Steps Taken, A Long Road Ahead - Forbes India
forbesindia.com/article/news/internationalisation-of-the-rupee-baby-steps-taken-a-long-road-ahead/92427/1
HSBC CEO Noel Quinn Targets Lifting Wealth Management in China, India: HSBC Holdings Plc’s top boss said he’s pushing to improve his firm’s wealth management ...
bloomberg.com/news/articles/2024-04-08/hsbc-s-quinn-targets-lifting-wealth-management-in-china-india
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How did Sulphur, Louisiana get its name? Not from a rotten egg smell.: Sulphur is that little Calcasieu Parish town with a funny name.
theadvocate.com/curious_louisiana/sulphur-la-once-was-a-major-player-in-international-trade/article_e7aa8758-d74d-11ee-bb79-2b3a2714cf19.html
Paraguay’s Strong Trade Performance in Early 2024: In the first quarter of 2024, Paraguay demonstrated significant economic resilience, with a reported 3 ...
riotimesonline.com/paraguays-strong-trade-performance-in-early-2024/
IRLA sets up Bermuda chapter: The Insurance and Reinsurance Legacy Association has launched a Bermuda chapter.
The international trade association for the legacy ...
royalgazette.com/reinsurance/business/article/20240411/irla-sets-up-bermuda-chapter/
Buyout: The Bloomberg Close, Asia Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-09/buyout-the-bloomberg-close-asia-edition
Paid articlePaid How an election-packed 2024 is shaping up for world markets: In an election-packed year, markets have so far shrugged off results, with the focus squarely on the ...
reuters.com/markets/global-markets-election-pix-graphic-2024-04-09/
Malawi: Unlocking Malawi's Trade Barriers Through One-Stop Border Posts: Press Release - The Dedza border post, situated between Malawi and Mozambique ...
allafrica.com/stories/202404110031.html
FAO Food Price Index rises in March - Guyana Chronicle: The FAO Food Price Index, which tracks monthly changes in the international prices of a set of ...
guyanachronicle.com/2024/04/09/fao-food-price-index-rises-in-march/
Japan current account surplus up to ¥2.64 tril in February: Japan's current account surplus in February grew 20.2 percent from a year earlier to 2 ...
japantoday.com/category/business/update2-japan-current-account-surplus-up-to-2.64-tril.-yen-in-february
Weak February: Foreign trade still under pressure: Demand for “Made in Germany” weakens in February - especially in the EU. However, the development of ...
lebensmittelzeitung.net/industrie/nachrichten/schwacher-februar-aussenhandel-weiter-unter-druck-177067
Paid articlePaid HSBC helps overseas funds navigate India's bond market as inclusion nears: Investors have cited several obstacles to obtaining an onshore permit in India ...
business-standard.com/markets/news/hsbc-helps-overseas-funds-navigate-india-s-bond-market-as-inclusion-nears-124040800054_1.html
Parasitic wasps, vibrating make up part of war against spotted lanternfly: Recent international research has found that while a lanternfly infestation can have ...
pennlive.com/news/2024/04/parasitic-wasps-vibrating-make-up-part-of-war-against-spotted-lanternfly.html
HSBC’s Top Banker Sees Muted Recovery for Hong Kong IPOs Even as China Recovers: Hong Kong’s sluggish IPO market isn’t likely to recover until at least the ...
bloomberg.com/news/articles/2024-04-05/hsbc-s-top-banker-sees-muted-recovery-for-hk-ipos
Paid articlePaid HSBC's chairman says Asia business spin-off 'will not happen': HSBC Chairman Mark Tucker told the bank's shareholders in Hong Kong on Wednesday a spin-off of its ...
reuters.com/business/finance/hsbcs-chairman-says-asia-business-spin-off-will-not-happen-2024-04-03/
‘Prestige and history’ put Hong Kong Sevens on pedestal, says Ireland icon Brian O’Driscoll
scmp.com/sport/rugby/hk-sevens/article/3258060/prestige-and-history-put-hong-kong-sevens-pedestal-says-ireland-icon-brian-odriscoll
Quick Glance: New Zealand Teams Clinch Titles at Hong Kong Sevens
- New Zealand secured both the men's and women's titles at the Hong Kong Sevens, concluding a tournament that showcased rugby ahead of the Paris Olympics.
- The All Blacks Sevens scored the initial two tries in a 10-7 victory against France in the men's final, successfully defending their title and closing the three-day event in the traditional home of rugby sevens.
- Michaela Blyde's exceptional performance with three tries and Mahina Paul's late double secured New Zealand's 36-7 victory over the United States in the women's final.
- The Black Ferns Sevens claimed their third consecutive tournament title, surpassing Australia in the women's world series standings.
HSBC’s Top Tech Banker Winston Cheng Exits to Join Tech Firm: HSBC Holdings Plc’s global co-head of technology, media and telecom Winston Cheng is leaving the ...
bloomberg.com/news/articles/2024-03-25/hsbc-s-top-tech-banker-winston-cheng-exits-to-join-tech-firm
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How HSBC Transformed Its Customer Experience - SPONSOR CONTENT FROM HSBC: Sponsor content from HSBC.
hbr.org/sponsored/2024/03/how-hsbc-transformed-its-customer-experience
China wins WTO dispute with Australia over steel products: China has won a nearly three-year-long dispute with Australia at the World Trade Organization over ...
apnews.com/article/australia-china-world-trade-organization-steel-eafedf512ca145f0d3f911c691cec415
Martin Lewis reveals how you can get £200 'free cash' today: Loyalty doesn't always pay off. There are currently five banks offering up to £200 if you ...
metro.co.uk/2024/03/27/martin-lewis-reveals-can-get-200-free-cash-today-20540468/
Türkiye looks at reserve buildup as current account gap narrows: Türkiye seeks to reduce its current account deficit to below 2.5% of the national income this ...
dailysabah.com/business/economy/turkiye-looks-at-reserve-buildup-as-current-account-gap-narrows
Erdoğan's impending Iraq visit sparks business community's interest: The Turkish business community appears to be widely focused on the outcomes of President ...
dailysabah.com/business/economy/erdogans-impending-iraq-visit-sparks-business-communitys-interest
The Baltimore bridge collapse and its impact on global trade: Three days after the Francis Scott Key Bridge crossing the Port of Baltimore was struck by a ...
scmp.com/news/china/article/3257285/baltimore-bridge-collapse-and-its-impact-global-trade
Paid articlePaidQuick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
India's Modi says central bank must prioritise growth, ensure rupee's global appeal
reuters.com/world/india/indias-modi-says-central-bank-must-prioritise-growth-ensure-rupees-global-appeal-2024-04-01/
Brazil Faces Sharp Decline in March Trade Surplus: In March, Brazil experienced a notable 30.4% reduction in its trade surplus from February, landing at $7 ...
riotimesonline.com/brazil-faces-sharp-decline-in-march-trade-surplus/
Belgian economy set to grow by 1.3% in 2024: This represents a slight slowdown from 2023 when Belgian GDP climbed by 1.5%.
brusselstimes.com/economics/992522/belgian-economy-to-grow-by-1-3-in-2024
Türkiye's foreign trade gap narrows in March, first quarter: Turkish monthly exports maintained an upward trajectory in March, Trade Ministry data showed on ...
dailysabah.com/business/economy/turkiyes-foreign-trade-gap-narrows-in-march-first-quarter
EU-Mercosur trade deal: impossible to achieve?: With France continuing to voice strong objections, stalled trade deal looks no closer to reaching fruition.
batimes.com.ar/news/economy/eu-mercosur-trade-agreement-impossible.phtml
De-dollarization: Russia has few options other than CNY for reserves: Currencies from other countries "not unfriendly" to Russia are even less stable and liquid ...
businessinsider.com/dedollarization-russia-economy-sanctions-tighten-options-chinese-yuan-international-reserves-2024-4
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Poor Nations Are Writing a New Handbook for Getting Rich: Economies focused on exports have lifted millions out of poverty, but epochal changes in trade ...
nytimes.com/2024/04/02/business/economy/global-economic-growth.html
China Lifts Punishing Tariffs on Australian Wine: Despite its thirst for Australian wine, China had taxed the imports in 2020 over a dispute about Covid-19.
nytimes.com/2024/03/28/business/china-australia-wine-tariffs.html
Local officials court delegation of Indian business owners to Georgia: More than 50 Indian CEOs and business leaders traveled thousands of miles to meet this ...
ajc.com/news/business/local-officials-court-delegation-of-indian-business-owners-to-georgia/ETCFAM3PR5EBRJEZIH3J23HFA4/
Financial Sanctions Need Global Governance | by Paola Subacchi & Rosa M. Lastra - Project Syndicate
project-syndicate.org/commentary/international-framework-governing-financial-sanctions-needed-by-paola-subacchi-and-rosa-m-lastra-2024-04
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