AFP Asia Business
HSBC reports $8.5 billion pre-tax profit in third quarter
Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 percent year-on-year, citing revenue growth in two of its divisions, days after the lender announced an organisational overhaul.The rise in pre-tax profit to $8.5 billion reflected a strong performance in its wealth management division as well as higher revenues in global …
HSBC reports $8.5 billion pre-tax profit in third quarter Read More »
Asian shares rise as markets await tech results
Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.Oil prices steadied following sharp falls Monday on relief that Israel’s strikes on Iran spared the country’s energy infrastructure and that the risk of escalation in the Middle East had eased.Concerns …