The Latest Breaking News from HSBC

Morgan Stanley was among first global banks to back MFS before boom and bust

Morgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt. Documents reveal the US investment bank bought £50 million in loan notes from a company controlled by MFS founder Paresh Raja. This early support lent credibility to MFS, which later…

The Economic Times · Jun 25

Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gains

The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-Iran deal, analysts suggest Asian currencies may face continued pressure from a strong…

The Economic Times · Jun 22

‘The agentic enterprise is happening right here, right now’: Google Cloud hails the AI age for businesses everywhere

Google Cloud reveals HSBC, UK Government partnerships to help accelerate the AI age.

TechRadar · Jun 17

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 · Jun 9

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 · Jun 8

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 · Jun 7

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 · Jun 7

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 · Jun 5

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 · Jun 4

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 · Jun 1