The FTSE 100 climbed to a record high, buoyed by rising expectations of Bank of England interest rate cuts and strong gains in HSBC shares.
HSBC Profits Fall 14% as Hong Kong Property Slump and Madoff Lawsuit Take Toll
HSBC has reported a 14% decline in third-quarter profits to $7.3 billion (£5.5 billion), as the bank faced a dual setback from the Hong Kong real estate downturn and a
HSBC Shares Fall as Bank Takes $1.1bn Provision Linked to Madoff Case
HSBC was among the biggest fallers on the FTSE 100 this morning, with shares down almost 2%, after the bank revealed it will take a $1.1bn provision in its upcoming
LCF fraud victims seek £20 million from Google
Victims affected by the London Capital & Finance (LCF) debacle are pressing Google to reimburse tens of millions of pounds that were expended on deceptive digital advertising to endorse the
BTC & Gold Leave The S&P500 Behind
Over the past couple of weeks, we’ve seen a slight recovery for Bitcoin (BTC), gold, and the overall stock market. But, as expected, BTC & gold appear to have taken
Hong Kong Investment Guru Lures Investors into HK$6.9 Million Crypto Ponzi Scheme
Hong Kong-based stock market commentator Raymond Yuen has been indicted for misleading web users into investing into a Crypto Mining Ponzi Scheme.