HSBC

POLL - Asia to see soaring prices in 2011

Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.

U.S. executives to meet China's Hu in Washington

Chinese President Hu Jintao and President Barack Obama will meet with U.S. and Chinese business leaders at the White House on Wednesday to discuss ways to expand trade and investment opportunities, with the U.S. executives seeking deals to tap into China's economic growth.

Shanghai eyes foreign firm listings, cross-border trade

Shanghai hopes to encourage foreign companies to raise capital through stock and bond issuance in Shanghai this year, Mayor Han Zheng said on Sunday, while also confirming the city plans a trial property tax during 2011.
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H&R Block's refund loans hit regulatory hurdle

H&R Block Inc, the largest U.S. tax preparer, said it will not be able to help customers borrow money against their tax refunds in the coming months, as the bank that was supposed to provide the loans is under a regulatory directive not to.
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H&R Block says HSBC terminates RAL funding pact

H&R Block Inc has said HSBC Holdings Plc will not provide funding for the no.1 U.S. tax preparer's refund-anticipation loans, or RALs, after U.S. regulators ordered the lender to terminate the contract.
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Gold Tops Hedge-Fund Strategies

Nerbrand's team at HSBC reckon that Gold Investment accounts for just 0.14% of the average global portfolio today. If this figure increases, as we expect, the Gold Price could rise significantly...We believe asset allocators are likely to increase their weighting in gold over the next ten years if they focus on risk management
Precious metals and USD index as on November 24

PRECIOUS ROUNDUP- Silver set to be best performer in November

The week to November 24 was marked by tensions in Korean peninsula that prompted investors to flee from risky assets to safer avenues like US dollar and gold, helping the yellow metal outshine its colleagues in the precious group. However, silver and palladium remained strong in the month, mainly helped by demand for cheaper alternatives in jewelry and industrial applications.
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Sinochem hires HSBC regarding Potash options - report

China's Sinochem has hired HSBC bank to advise it on its options regarding Potash Corp , the target of a $38.6 billion (25 billion pound) hostile bid from BHP Billiton, the Wall Street Journal reported on its blog on Wednesday, citing a person familiar with the situation.
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SocGen says recovery fragile, Q2 beats forecasts

French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.
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SocGen says recovery fragile as Q2 beats forecasts

French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.
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Australian Dollar Outlook 3/8/2010

The AUD has had a strong night during the offshore session, currently trading comfortably above USD0.9100 after better than expected manufacturing data was released in the US and exceptional profit reports from some of Europe's main banks saw risk appetite back on the table.
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Wall Street set to jump on earnings optimism

Wall Street was poised to open about 1 percent higher on Monday, building on last month's solid gains as investors focused on encouraging corporate results, including strong bank earnings out of Europe.

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