Workers are seen making shoes at a factory in Jinjiang, southeast China's Fujian province. (AFP/File)
BEIJING: China's manufacturing activity grew in November for the first time in 13 months, HSBC said, in a further sign of strength in the world's second-largest economy after a marked slowdown.
The preliminary purchasing managers' index ... Read More
China manufacturing grows in November: HSBC
Posted By admin1 On November 22nd 2012. Under BUSINESS & ECONOMY, WORLD Tags: China, China manufacturing grows in November: HSBC, China's manufacturing activity, HSBC, PMI data, purchasing managers' index (PMI) .
Workers are seen making shoes at a factory in Jinjiang, southeast China's Fujian province. (AFP/File)
BEIJING: China's manufacturing activity grew in November for the first time in 13 months, HSBC said, in a further sign of strength in the world's second-largest economy after a marked slowdown.
The preliminary purchasing managers' index ... Read More
HSBC profits slump as fine charges hit US$1.15b
Posted By admin1 On November 5th 2012. Under BUSINESS & ECONOMY, WORLD Tags: Bank Secrecy Act and Office of Foreign Assets Control investigations, British banks, HSBC, HSBC profits slump as fine charges hit US$1.15b .
A picture shows the logo on the front window of a branch of HSBC in London. (AFP PHOTO/BEN STANSALL)
LONDON: HSBC said Monday that third-quarter profits slumped after taking $1.15 billion (898 million euros) in extra charges for a money-laundering scandal in the US and insurance mis-selling claims in Britain.
Net ... Read More