HSBC Holdings PLC

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option
Business

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option

The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Lionel Ng | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Moneyed […]

Read More
Novo Nordisk shares slip after pharma giant announces .7 billion U.S. acquisition
World

Novo Nordisk shares slip after pharma giant announces $4.7 billion U.S. acquisition

LONDON — Shares of Danish pharmaceutical giant Novo Nordisk fell 1.1% on Thursday after the company announced plans to acquire U.S. biotech firm Akero Therapeutics. The deal will see Novo pay $54 per share, valuing Akero at $4.7 billion, with the acquisition also including a contingent value right of $6 per share, potentially adding another […]

Read More
Citi backs stablecoin firm BVNK as Wall Street warms to crypto
Technology

Citi backs stablecoin firm BVNK as Wall Street warms to crypto

BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company’s San Francisco Office. BVNK Citi has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space. Stablecoins are a type of digital asset […]

Read More
Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over  billion
World

Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over $37 billion

Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Hang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion). HSBC, Europe’s largest lender, […]

Read More
From Spain’s bull run to gold’s surge: How the third quarter played out in Europe
World

From Spain’s bull run to gold’s surge: How the third quarter played out in Europe

Spain’s IBEX equity index has posted a return of nearly 10% over the last few weeks, way above its continental peers. Source

Read More
Investors turn bullish on Indian stocks after a year of underperformance
World

Investors turn bullish on Indian stocks after a year of underperformance

Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the […]

Read More
Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
World

Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.57% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record […]

Read More
CNBC’s Inside India newsletter: As India’s rich venture abroad, many anchor fortunes in real estate
World

CNBC’s Inside India newsletter: As India’s rich venture abroad, many anchor fortunes in real estate

Hello, this is Amala Balakrishner, writing from Singapore. This week, I look at how India’s wealthy are anchoring their fortunes in real estate. Enjoy! This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. […]

Read More
Stocks making the biggest moves premarket: Starbucks, Peloton, Novo Nordisk, Mondelez and more
Finance

Stocks making the biggest moves premarket: Starbucks, Peloton, Novo Nordisk, Mondelez and more

Check out the companies making headlines before the bell. Starbucks — The coffee chain jumped more than 4% after CEO Brian Niccol said the company’s turnaround plan was ahead of schedule. On top of that, Starbucks reported fiscal third-quarter revenue of $9.5 billion, beating an LSEG consensus estimate of $9.31 billion. HSBC — Shares dipped […]

Read More
Why Revolut’s journey to become a UK bank is taking so long
Finance

Why Revolut’s journey to become a UK bank is taking so long

Key Points Revolut was granted a banking license with restrictions in July 2024 from the U.K.’s Prudential Regulation Authority (PRA). A year on, the fintech giant is still in a “mobilization” phase which limits the amount of customer deposits it can hold. Analysts say there are a number of reasons why Revolut’s authorization process is taking […]

Read More