HSBC Holdings PLC
British fintech Revolut reports record annual profit as it gears up for U.S. push
British fintech Revolut on Tuesday reported a record annual pretax profit, as it ramps up plans to expand into the U.S. following its long-awaited granting of a full U.K. banking license earlier this month. Profit before tax rose 57% to £1.7 billion ($2.3 billion) in 2025, compared to £1.09 billion in 2024. Group revenue increased […]
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India’s March private business activity slows to lowest since Oct 2022, missing forecasts
MANGALURU, INDIA – SEPTEMBER 05: A general view shows a section of the Mangalore Refinery and Petrochemicals Limited (MRPL) refinery on September 05, 2025 in Mangaluru, India. India’s vast oil refining complexes are among the largest in the world, processing millions of barrels of crude daily to meet rising domestic and export demand. Abhishek Chinnappa […]
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China vows to continue opening its economy amid trade tensions with U.S.
Li Qiang, China’s premier, speaks at the China Development Forum in Beijing, China, on Sunday, March 22, 2026. The forum runs through March 23. Photographer: Qilai Shen/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Chinese Premier Li Qiang pledged on Sunday to further open the country’s economy to foreign firms and pursue more […]
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Stocks making the biggest moves midday: SolarEdge Technologies, Super Micro Computer, FedEx & more
Check out the companies making the biggest moves midday: SolarEdge Technologies — The solar stock popped 14% following an upgrade to hold from underperform at Jefferies. “We are tactically upgrading SEDG to HOLD, as the escalating ME conflict is triggering a replay of the European energy security dynamics that ‘turbocharged’ SEDG’s business during the Russia-Ukraine […]
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Stocks making the biggest moves premarket: York Space Systems, Super Micro Computer, Planet Labs, FedEx & more
Check out the companies making headlines before the bell. York Space Systems — The space and defense stock gained 11% after posting full-year revenue that topped analyst expectations. The company’s top line totaled $386.2 million, while analysts polled by FactSet expected revenue of $383.5 million. York Space Systems also issued strong revenue guidance for 2026. […]
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Inside India newsletter: Gold loans are thriving in India — and attracting global investors
Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world’s fastest growing large economy. This week, I unpack what’s driving the rapid surge in gold‑loan growth in the world’s second‑largest bullion market. Loans against gold are […]
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Inside India newsletter: Gold loans are thriving in India — and attracting global investors
Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world’s fastest growing large economy. This week, I unpack what’s driving the rapid surge in gold‑loan growth in the world’s second‑largest bullion market. Loans against gold are […]
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The U.S. dollar is back on top – for now
The U.S. dollar has enjoyed a reprieve in recent weeks, strengthening against all major currencies and once again regaining its place as a safe-haven asset in times of market stress. But analysts warn it will likely be short-lived. During the first half of 2025, the dollar posted its worst performance in over 50 years after […]
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Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%, amid sticky […]
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Eli Lilly catches a downgrade as HSBC warns of an overhyped obesity drug market
HSBC analysts just slashed their recommendation on the world’s most valuable pharmaceutical company, Eli Lilly, signaling a potential cooling period for the red-hot obesity drug trade that has come to dominate market narratives of the sector. Analysts led by Rajesh Kumar downgraded Lilly to Reduce from Hold, cutting their target price to $850 from $1,070, […]
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