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The Latest Breaking News from HSBC

HSBC offers new £220 cash bonus for customers switching current accounts

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The Independent UK

HSBC launch £220 offer to switch banks - but how does it stack up against the competition?

Nationwide, Lloyds and first direct are among the other providers with ongoing switch offers

The Independent UK

The Ferret: Oligarchs, royalty and foreign banks all flouting Scots land laws

RUSSIAN oligarchs, billionaires, foreign governments, international royalty, and banking giants are among those behind nearly 1000 offshore…

The National (Scotland)

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Why Emma Raducanu will play twice in one day after storming into Queen’s quarter-finals

British number one Emma Raducanu secured her place in the HSBC Championships quarter-finals for the second consecutive year, defeating Romanian Sorana Cirstea 6-4 6-2 at the Queen’s Club. Raducanu displayed an animated and confident performance, establishing an early 4-0 lead in the first set and securing a double break in…

The Independent UK

AI Chip Rally Leaves Asia's Fund Managers Struggling To Keep Pace

The dominance of Taiwan and South Korean chipmakers has intensified concentration risks across Asian equity markets and altered how professional investors build portfolios.

International Business Times

The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, Taiwan

A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows…

The Economic Times

Levi-powered Aussie women roar to world sevens title

Australia's rugby women have become world sevens champions after defeating their great rivals New Zealand in the final match of the season in Bordeaux.

AAP

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Dharavi redevelopment poses one of India's biggest real estate execution tests: HSBC

The Dharavi Redevelopment Project, one of the world's largest urban regeneration initiatives, presents a "massive execution challenge"Group as it seeks to rehabilitate more than one million residents and construct over 125,000 housing units over the next seven to eight years, according to an HSBC Global Investment Research report.

The Economic Times

RBI GDP growth 2026-27: Forecast cut to 6.6% as oil, war and subpar monsoon risks mount

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts, energy prices, and weather. The central bank has maintained the key interest rate at 5.25 percent. India's economy shows resilience, but future…

The Economic Times

Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homes

Dharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai slum into a smart city. The initiative involves rehabilitating over 125,000 homes and creating a multi-modal transport hub, public spaces, and significant infrastructure improvements.

The Economic Times

Title on line, Levi braces for sevens finale comeback

Australian try-scoring ace Maddison Levi could feature in Bordeaux's world sevens finale despite missing their emotional Spanish triumph with a knee injury.

AAP

China's factory activity flatlines in May casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.

Euronews

Aussie teams seal clean sweep at Valladolid Sevens

Comeback wins over the No.1-ranked teams earned Australia's men's and women's rugby sevens team a title double at the the Valladolid finals in Spain.

AAP

China's factory activity slows in May

China's factory activity slowed in May, indicating the manufacturing sector is under pressure ⁠from weak domestic demand and higher production costs.

AAP

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The Independent UK

China’s factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

AAP

China's factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

International Business Times UK

Sun Reporter Sends £1K to Katie Price's 'Conman Husband' — HSBC Refunds Every Penny After Explosive Sting

The Sun's investigation exposes online investment fraud, with HSBC's £1,000 refund highlighting social media scam dangers. Learn how to protect yourself from fraudsters exploiting trust and urgency.

Barchart

The $43 Billion Reason to Buy Microsoft Stock Here

HSBC says Microsoft's deal with Anthropic could unlock $43 billion in annual Azure revenue by 2030. Here's why MSFT stock looks like a strong buy at current prices.

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Barchart

From ‘Clusters’ to ‘Factories,’ An AI Networking Supercycle Will Lift Marvell Stock Higher

HSBC upgraded Marvell on an AI networking supercycle that could drive the stock higher. Investors await earnings release today after market close.

Bangkok Post

HSBC eyes Chinese clients in Thailand

HSBC Thailand aims to increase its new Chinese corporate clients by 50 companies annually over the next few years in response to the strong growth of Chinese foreign direct investment (FDI) in Thailand.

The Guardian - UK

Oil price rises back above $100 a barrel as energy market may be past ‘point of no return’

Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’

The Economic Times

Warren Buffett sits on $400 bn cash as Michael Burry warns of AI bubble. Is a massive market crash coming?

Berkshire Hathaway holds nearly $400 billion in cash. Michael Burry warns of an AI bubble, citing similarities to the Dotcom crash. The AI boom is reshaping global markets. South Korea's Kospi and Taiwan's stock market have seen significant gains, surpassing established Western exchanges. This shift highlights a new global market…

Euronews

'Historic' UK trade deal with Gulf states set to add billions to British economy

The deal is the first of its kind between the GCC and a G7 country, and will scrap tariffs on billions of euros worth of British exports.

International Business Times

HSBC CEO Tells Staff Not To Resist AI As It Could Make Them 'More Productive Versions Of Themselves'

HSBC CEO Georges Elhedery told staff not to fight AI as it could make them "more productive versions of themselves".

The Economic Times

AI boom: Global stock market order shuffles as Taiwan, South Korea overtake Western giants

Asian markets are making waves. South Korea's Kospi and Taiwan's stock market have surged, driven by the AI boom. These markets are now outperforming many Western exchanges. Investors are watching closely as capital shifts towards these AI-focused economies. This new global stock market order presents exciting opportunities and potential risks.

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