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EXPLAINED: Hsbc | Vintage Vibes

RBI GDP growth 2026-27: Forecast cut to 6.6% as oil, war and subpar monsoon risks mount

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts, energy prices, and weather. The central bank has maintained the key interest rate at 5.25 percent. India's economy shows resilience, but future…

The Economic Times

Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homes

Dharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai slum into a smart city. The initiative involves rehabilitating over 125,000 homes and creating a multi-modal transport hub, public spaces, and significant infrastructure improvements.

The Economic Times

Title on line, Levi braces for sevens finale comeback

Australian try-scoring ace Maddison Levi could feature in Bordeaux's world sevens finale despite missing their emotional Spanish triumph with a knee injury.

AAP

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China's factory activity flatlines in May casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.

Euronews

Aussie teams seal clean sweep at Valladolid Sevens

Comeback wins over the No.1-ranked teams earned Australia's men's and women's rugby sevens team a title double at the the Valladolid finals in Spain.

AAP

China's factory activity slows in May

China's factory activity slowed in May, indicating the manufacturing sector is under pressure ⁠from weak domestic demand and higher production costs.

AAP

China’s factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

The Independent UK

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China's factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

AAP

Sun Reporter Sends £1K to Katie Price's 'Conman Husband' — HSBC Refunds Every Penny After Explosive Sting

The Sun's investigation exposes online investment fraud, with HSBC's £1,000 refund highlighting social media scam dangers. Learn how to protect yourself from fraudsters exploiting trust and urgency.

International Business Times UK

The $43 Billion Reason to Buy Microsoft Stock Here

HSBC says Microsoft's deal with Anthropic could unlock $43 billion in annual Azure revenue by 2030. Here's why MSFT stock looks like a strong buy at current prices.

Barchart

From ‘Clusters’ to ‘Factories,’ An AI Networking Supercycle Will Lift Marvell Stock Higher

HSBC upgraded Marvell on an AI networking supercycle that could drive the stock higher. Investors await earnings release today after market close.

Barchart

HSBC eyes Chinese clients in Thailand

HSBC Thailand aims to increase its new Chinese corporate clients by 50 companies annually over the next few years in response to the strong growth of Chinese foreign direct investment (FDI) in Thailand.

Bangkok Post

Oil price rises back above $100 a barrel as energy market may be past ‘point of no return’

Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’

The Guardian - UK

Warren Buffett sits on $400 bn cash as Michael Burry warns of AI bubble. Is a massive market crash coming?

Berkshire Hathaway holds nearly $400 billion in cash. Michael Burry warns of an AI bubble, citing similarities to the Dotcom crash. The AI boom is reshaping global markets. South Korea's Kospi and Taiwan's stock market have seen significant gains, surpassing established Western exchanges. This shift highlights a new global market…

The Economic Times

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Euronews

'Historic' UK trade deal with Gulf states set to add billions to British economy

The deal is the first of its kind between the GCC and a G7 country, and will scrap tariffs on billions of euros worth of British exports.

International Business Times

HSBC CEO Tells Staff Not To Resist AI As It Could Make Them 'More Productive Versions Of Themselves'

HSBC CEO Georges Elhedery told staff not to fight AI as it could make them "more productive versions of themselves".

The Economic Times

AI boom: Global stock market order shuffles as Taiwan, South Korea overtake Western giants

Asian markets are making waves. South Korea's Kospi and Taiwan's stock market have surged, driven by the AI boom. These markets are now outperforming many Western exchanges. Investors are watching closely as capital shifts towards these AI-focused economies. This new global stock market order presents exciting opportunities and potential risks.

The Economic Times

AI will destroy and create new jobs, urges staff to embrace change: HSBC CEO

HSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its 200,000 employees to embrace this technological shift. This comes as rival Standard Chartered announced significant job cuts due to AI integration. Financial institutions are increasingly focused on cost savings and…

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The Economic Times

HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issue

HSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.

AAP

Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer

NEW YORK, May 19, 2026 /PRNewswire/ -- Augustus, the company building the world's first clearing bank for the AI era, today announced the appointment of Benjamin Alexander as Chief Compliance Officer. Benjamin joins from Column, where he served as Chief Compliance Officer and BSA/AML Officer, and brings over 15 years…

The Economic Times

Surging global bond yields, elevated oil deepen rupee's slide to record lows

Elevated energy prices and weak capital flows have left India staring at a third consecutive fiscal year of a deficit in its balance of payments (BoP), straining the rupee. Economists at HSBC have forecast a ⁠BoP deficit ‌of around $65 billion in the fiscal year ending April 2027.

The Economic Times

HSBC to lend $4 billion to help China clean tech scale globally

HSBC has unveiled a groundbreaking $4 billion credit facility aimed at propelling Chinese enterprises forward in sustainable and transitional tech. Key sectors under this initiative include renewable energy, data management hubs, and electric transportation. With China at the forefront of green technology innovation, this strategic funding is set to bolster…

Barchart

The Trade Desk Slumps Following String of Analyst Downgrades

Wall Street firms have downgraded Trade Desk stock in recent sessions. Here’s what is hurting sentiment surrounding TTD shares in 2026.

The Guardian - UK

From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success

The group’s latest triumph won over the Department for Business and Trade, now it is eyeing private care providers and supermarkets

The Independent UK

Revealed: The five high street banks with the most customer complaints

In total banks paid out £236.2m to complainants, with the average pay-out totalling £215

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