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| | | Not even one global fund manager who responded to a recent HSBC survey is underweight equities, and more than half are underweight cash. HSBC, which released results of its fund manager survey today, said that 75% of global managers have an overweight ... |
| | | | ... new US jobless claims dropped last week to 335,000, the lowest level in five years. In local economic news on Friday, the HSBC investment report is due out while Deloitte releases its Telecommunications, Media and Technology Predictions report for 2013. ... |
| | | | ... Australian growth in 2013. Further afield, the China economy has picked up much more than anyone had expected, so much so that the HSBC PMI - now at a 19 month high - is pointing towards above trend growth. A China-led, global growth story is expected ... |
| | | | ... points to close at 22,323.94, while Shanghai shed 0.44 per cent, or 9.07 points, to 2,074.70. In Hong Kong, banking giant HSBC rose 0.3 per cent after it said it will pay a record $US1.9 billion ($A1.82 billion) settlement in the US over allegations ... |
| | | | While global demand is likely to remain fragile, HSBC maintains its above-consensus forecast that China's 2013 GDP growth will recover to 8.6% after bottoming out in the fourth quarter of 2012. Much of HSBC's projected China rebound in 2013 and beyond ... |
| | | | ... is finally freed up to rebalance growth in 2013-14 away from mining and towards other sectors, according to Paul Bloxham HSBC chief economist Australia and NZ. Bloxham reminds investors that a larger share of the economy is interest-rate sensitive than ... |
| | | | ... and Wall Street was starting out strong. All because of the better-than expected manufacturing PMI report out of China - HSBC's measure moved into expansion territory for the first time in 13 months in November, the official measure rose to a seven-month ... |
| | | | ... funding, Asia's bond markets - currently running red hot - are to expected maintain rapid growth in years to come, according to HSBC Global Research. While both Thailand and the Philippines have witnessed rapid growth over the past year, HSBC research ... |
| | | | Tony Cripps, current chief executive officer of HSBC in the Philippines, will replace Paulo Maia as the bank's chief executive officer in Australia. Cripps will take the reins from 24 December this year, with Maia departing for the role of president ... |
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