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Headlines on HBC

A look at economic developments around the world

A look at economic developments and stock market activity around the world Tuesday: ___READ MORE
Nov 18, 2008 6:53PM
Keywords: MTU, HBC

HSBC to cut 500 jobs in Asia as slump takes toll

(HONG KONG)HSBC Holdings PLC, Europe's largest bank by market value, plans to cut 500 jobs in Asia due to the global economic slump. The cuts will be made in various parts of the business, in...READ MORE
Nov 18, 2008 6:58AM
Keywords: HBC

Hong Kong index falls 4.5 pct as bank shares hit

(HONG KONG)Hong Kong's main stock index tumbled 4.5 percent Tuesday as another wave of bank layoffs spurred selling in financial shares. The blue-chip Hang Seng Index shed 613.64 points to cl...READ MORE
Nov 18, 2008 5:23AM
Keywords: C, HBC

Japan stocks fall as layoffs hammer bank shares

(TOKYO)Japanese stocks retreated Tuesday amid broad regional declines as investors grappled with more bad news about the global economy, including a massive round of layoffs in the financ...READ MORE
Nov 18, 2008 2:52AM
Keywords: C, JPM, HBC, MFG, NMR, MTU, F

Dubai property boom gets hit by financial crisis

(DUBAI, United Arab Emirates)This Arab Gulf boomtown--so business-friendly it's been called "Dubai Inc."--is suddenly getting a nasty taste of the global financial crisis. Housing prices are falling for the fi...READ MORE
Nov 13, 2008 2:52PM
Keywords: HBC, MS

Dubai property boom gets hit by financial crisis

(DUBAI, United Arab Emirates)This Arab Gulf boomtown--so business-friendly it's been called "Dubai Inc."--is suddenly getting a nasty taste of the global financial crisis. Housing prices are falling for the fi...READ MORE
Nov 13, 2008 2:21PM
Keywords: HBC, MS

Regulators nix credit card debt forgiveness plan

(WASHINGTON)Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt.READ MORE
Nov 12, 2008 9:23PM
Keywords: BAC, JPM, COF, AXP, HBC, DFS


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