HSBC Holdings PLC on Tuesday posted a fall of 33per cent in annual profit, lagging analyst estimates, mainly due to a goodwill impairment of US$7.3 billion related to its investment banking and commercial banking businesses in Europe.
HSBC Holdings PLC on Tuesday posted a fall of 33per cent in annual profit, lagging analyst estimates, mainly due to a goodwill impairment of US$7.3 billion related to its investment banking and commercial banking businesses in Europe.
Japan's cabinet on Tuesday approved a bill to support companies to develop secure 5G mobile networks and drone technologies amid growing alarm among Tokyo policymakers over the increasing influence of China's 5G technology.
The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan's TSMC , the world's largest contract chipmaker, two sources familiar with the matter said.
U.S. stock futures slipped from record levels on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China.
ANOTHER staff of DBS has tested positive for the novel coronavirus (Covid-19), the bank said in response to The Business Times’ (BT) queries on Tuesday.
ANOTHER staff of DBS has tested positive for the novel coronavirus (Covid-19), the bank said in response to The Business Times’ (BT) queries on Tuesday.
Nissan Motor Co Chief Executive Makoto Uchida on Tuesday said he expects the Japanese automaker's earnings and cashflow to remain pressured through the end of the financial year in March as it grapples with weak global car sales.
U.S. stock futures slipped from record levels on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China.
Apple Inc said on Monday it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak slowing production and weakening demand in China.
