, HSBC Holding sheds about 50,000 jobs in push to cut billions in costs
On Tuesday, British multinational banking company – HSBC Holding plc, in a major revamping of its global strategy said that it would eliminate as …
, HSBC Says Initial China Manufacturing PMI Grows to 50.9 in December
On the 14th of December, HSBC Holding Plc informed that the initial China manufacturing grew to 50.9 in December. The results of the HSBC survey show that the world’s second economy is on the track to recovery despite the fact that the country is facing external weaknesses. The growth, which was seen in new orders and employment, means that China may expect better days. In addition, the China PMI suggests that the country will be able to resist an evident slowdown in exports.
