HSBC Holdings PLC
Trade wars to extended truce: Analysts expect ‘stabilization’ in U.S.-China ties as Trump-Xi meet
U.S. President Donald Trump and Chinese President Xi Jinping attend a bilateral meeting at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images As the world watches U.S. President Donald Trump and Chinese leader Xi Jinping’s historic summit, analysts suggest it could […]
Read More
Global week ahead: Crude diplomacy casts shadow over Trump-Xi summit
Waitforlight | Moment | Getty Images China has quietly amassed the world’s largest stockpile of crude oil. This is no mean feat for a country that is also the globe’s biggest importer of energy. It brings a fresh dynamic to Beijing’s relations with the United States, as Premier Xi Jinping prepares to host President Donald […]
Read More
HSBC first-quarter pre-tax profit misses estimates on wider-than-expected credit losses
Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates on the back of larger-than-expected credit losses and other impairment charges. HSBC’s revenue gained 6%, year on year, exceeding estimates. Here are HSBC’s first-quarter results compared with the consensus estimates compiled by the bank. Pre-tax profit: $9.4 billion vs. $9.59 billion […]
Read More
Stock futures are little changed as Wall Street eyes latest developments in Middle East and oil prices: Live updates
A trading floor manager works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Monday night after the major averages suffered declines amid growing concerns […]
Read More