(Alliance News) - Stock prices in London closed higher on Friday, joining a broader rally across European and US equities, while Federal Reserve Chair Kevin Warsh's inflation warning boosted expectations for higher US interest rates. Read More
(Alliance News) - on Thursday, as markets await the imminent start of the Jackson Hole summit and Federal Reserve Chair Kevin Warsh's Friday speech. Read More
(Alliance News) - HSBC Holdings PLC is considering a restructuring of its Singapore units to simplify operations, Bloomberg reported on Thursday. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Tuesday. Read More
(Alliance News) - Chesnara PLC on Tuesday said integration of its largest acquisition to date was progressing at pace and highlighted "strong capital generation" in the first five months of ownership. Read More
(Alliance News) - Stock prices in London opened slightly higher on Tuesday, but trade was cautious as Middle East sabre-rattling continues, while sterling faded after a weaker UK unemployment reading. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
HSBC Holdings PLC - London-based bank - Tender for up to USD6.75 billion in debt notes receive acceptances from holders that will result in a total payment of USD4.90 billion by HSBC. This includes USD1.48 billion for USD1.52 billion in principal amount tendered for USD2.00 billion in notes due September 2028; USD1.00 billion for USD973.4 million in principal amount tendered for USD2.25 billion in November 2028 notes; USD1.01 billion for USD1.00 billion in principal amount tendered after proration for USD1.85 billion in May 2028 notes; and USD1.40 billion for the same amount in principal amount tendered for USD2.50 billion in March 2028 notes. Read More
(Alliance News) - The chief executive of the insurance arm of HSBC Holdings PLC has left the company, amid a restructuring of the business globally by HSBC and uncertainties for the insurance market in Hong Kong, the Financial Times reported on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
HSBC Holdings PLC - London-based, Asia-focused universal bank - Increases on Thursday its tender offer for four series of 2028 debt notes with a combined face value of USD8.60 billion to USD6.75 billion from USD5.00 billion. The tender launched on Wednesday and expires on Wednesday next week. It is being run by HSBC Bank PLC, a subsidiary. The debt notes mature in March, May, September and November 2028. The USD2.50 billion in March notes will have a sub-cap on the tender offer of USD1.75 billion. The USD1.85 billion in May notes will have a sub-cap of USD1.00 billion, which is raised from USD750.0 million on Thursday. The USD2.00 billion of September notes and USD2.25 billion of November notes have no sub-cap on the tender offer. Read More
(Alliance News) - The FTSE 100 edged higher on Wednesday, with gains in Next and mining stocks offsetting a drag from lower Asia-focused finance stocks. Read More
(Alliance News) - Stock prices in London were mixed at midday on Wednesday, with the FTSE 100 edging lower despite strong gains after a series of upbeat corporate updates. Investors also welcomed signs of a return to growth in the UK services sector. Read More
HSBC Holdings PLC - London-based, Asia-focused universal bank - Plans to start on Thursday the USD1.00 billion share buyback announced with its interim results on Tuesday. The buyback will be run by BNP Paribas Financial Markets SNC, conducted in both London and Hong Kong, and completed by October 23. The repurchased shares will be cancelled. HSBC also had held its interim dividend steady on Tuesday at USD0.10 per share, as it reported a 23% increase in pretax profit for the six months that ended June 30. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, with the FTSE 100 supported by strong gains in miners as industrial metals rallied. Read More
(Alliance News) - Glencore reports a surge in first-half profit, announces USD1.5 billion of additional shareholder returns and plans an Australian listing, while Next lifts its annual profit guidance after stronger-than-expected second-quarter sales. Coca-Cola HBC also upgrades its 2026 outlook following first-half revenue and earnings growth. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, with mining shares driving the FTSE 100 higher as copper prices climbed to a two-month high, while investors continued to monitor a busy day of corporate earnings. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, with mining and defence shares leading gains as investors monitored developments in the Middle East, while a busy day of corporate earnings kept individual stocks in focus. Read More