Tag: Banking Sector
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HSBC and Hang Seng Bank Move Forward with Hang Seng Privatisation Scheme
Overview of the Privatisation Proposal HSBC Holdings plc and Hang Seng Bank (China) Limited have taken a decisive step in their jointly announced plan to privatise Hang Seng Bank. The latest update confirms that the Scheme Document has been dispatched to Hang Seng Bank shareholders, marking a key milestone in the proposed privatisation process. This…
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Nifty 50, Sensex Today: What to Expect from Indian Stock Market in Trade on November 26
Markets look poised for a positive start on November 26 The Indian stock market is set for a likely upbeat opening on Wednesday, with both the Nifty 50 and Sensex expected to trade higher at the start of today’s session. Traders will be eyeing global cues, domestic earnings, and sector-specific moves that could shape the…
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Alliance Bank Leads Malaysia Q3 Rebound: Daily Business News Recap
Malaysia’s Nov 25 Business Recap: Key Highlights Across Industry Tuesday’s market and corporate headlines featured a mix of earnings updates, strategic moves, and project milestones from a broad cross-section of Malaysia’s industry players. The focus centered on liquidity, growth prospects, and capital allocation as firms navigate a changing economic climate. Here are the standout items…
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Domestic Flows and Earnings Recovery Help Indian Stocks Decouple from the US
India’s equities find a new resilience amid domestic drivers Indian equities are showing signs of resilience as domestic forces gain traction, helping Indian stocks decouple from the direction of U.S. markets. After a period of global uncertainty, investors are turning their attention to home‑grown catalysts — notably domestic flows and a steady earnings recovery —…
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Nifty 50, Sensex Today: What to Expect from Indian Markets in Trade on November 19
Muted Start Expected for Nifty 50 and Sensex on November 19 The Indian stock market is poised for a cautious session as traders head into trading on Wednesday, November 19. Benchmark indices, the Sensex and Nifty 50, are expected to open with a muted bias as global equities waver and investors reassess near-term catalysts. The…
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Public Bank Q3 Profit Slips on Lower Interest Income
Public Bank reports 3Q 2025 net profit decline on softer interest income Public Bank Bhd, one of Malaysia’s leading lenders, posted a 3.65% year-on-year decline in net profit for the third quarter ended September 30, 2025. The bank’s bottom line fell to RM1.84 billion from RM1.91 billion a year earlier, reflecting softer interest-based income amid…
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SBI Share Price Target Climbs as Q2 Earnings Boostraise Analysts’ Conviction
State Bank of India Faces Upbeat Analyst Upgrades After Strong Q2 Results State Bank of India (SBI), the country’s largest lender by assets, is attracting renewed attention from the equity research community after reporting its second-quarter (Q2) results. A majority of analysts covering the stock have raised their earnings estimates and price targets, underscoring a…
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SBI share price target raised after Q2 results as analysts lift earnings estimates
Overview: SBI gains traction after a solid Q2 State Bank of India (SBI), the country’s largest lender, is drawing fresh attention from equity researchers after delivering its second-quarter results. With a majority of analysts already favorable on the stock, recent earnings revisions and higher price targets signal improving sentiment around SBI’s growth trajectory and profitability.…
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Trade Setup for October 31: Top 15 Things to Know Before the Opening Bells
Overview: Nifty Prepares for October 31 Trading As October 31 approaches, traders are eyeing a cautious start after the Nifty 50 failed to sustain follow-through buying on October 30. The index closed below the 26,000 mark, with a 0.7% dip influenced by the Federal Reserve’s policy stance and evolving risk sentiment. With the pre-market mood…
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Dow Jones Slide Amid Banking jitters as AI hardware stocks rally
Market Overview: Banks Weigh on The Dow, Yet AI Hardware Stocks Shine The stock market faced a cautious session as concerns over regional banks and a lingering federal funding stalemate overshadowed gains in technology shares. The Dow Jones Industrial Average traded lower, with financial shares among the hardest hit, while the broader market saw pockets…