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Microsoft Deal Signals Booming Demand from Data Centers to Power AI
US utilities are finally signing concrete supply deals with data-center operators as the artificial-intelligence wave sparks ...
Fed’s Relaxed Bank-Capital Plan Faces Bipartisan FDIC Pushback
A plan to dial back US regulators’ landmark bank-capital proposal is running into a wall of resistance at the Federal Deposit ...
HSBC share price is up 200% from 2020 lows; more upside?
The HSBC share price has soared by over 200% from its lowest point in 2020. We explain what to expect as the turnaround ...
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How Long Should You Keep Your Bank Statements?
You don’t want to ignore the bank and credit card statements, bills and correspondence you receive. That’s how you miss an important deadline. You also don’t want to keep everything. That’s how you ...
A World in Turmoil Is Leading to ‘Decision Paralysis.’ An HSBC Study Shows a Way Out.
New global research reveals widespread difficulties faced by most individuals in making all kinds of choices, but also a ...
Hong Kong banks trim prime rates by a quarter point, meeting Fed’s aggressive cut halfway
Hong Kong cut its base rate cut by 50 basis points for the first time in four years, kicking off a cycle that would help ...
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
HSBC Holdings rises Thursday, outperforms market
HSBC Holdings PLC (UK Reg) HSBA shares rose 1.67% to £6.69 Thursday, on what proved to be an all-around great trading session for the stock market, with the FTSE 100 Index UKX rising 0.91% to 8,328.72 ...