Top HSBC Shareholder Ping An Exploring Ways to Cut $13 Billion Stake
Ping An Insurance Group Co. is weighing options that would allow it to reduce its 8% stake in HSBC Holdings Plc, according to people familiar with the matter.
Ping An Insurance Group Co. is weighing options that would allow it to reduce its 8% stake in HSBC Holdings Plc, according to people familiar with the matter.
At least four people were killed and more than 960,000 customers in Texas — about 7% of the total — were without power Thursday night as an intense rainstorm swept through the Houston area.
The Biden administration is initiating a suite of policies it says will help foster a deeper domestic supply chain for solar panels, following pleas from US manufacturers confronting a surge of tariff-free imports.
Shares of India’s vaunted IT outsourcing firms are facing a reality check, as global investors’ rush into the artificial intelligence theme starts to leave pricey old-economy tech stocks behind.
The Bank of Japan left the amount of bonds it buys at regular operations unchanged on Friday, contributing to a small decline in the yen after aiding the currency earlier in the week with a surprise reduction in purchases.
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