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HSBC Bank - Latest News [Page 4]
HSBC Announces Five Year Global Investment In Water
Tuesday, 12 June 2012, 7:24 pm | HSBC Bank
HSBC Group Chairman, Douglas Flint, has announced the launch of the HSBC Water Programme , a new $100 million, five-year partnership with WWF, WaterAid and Earthwatch to tackle water risks in river basins; bring safe water and improved sanitation to over ... More >>
New Zealand Budget Sticking to the Plan
Friday, 25 May 2012, 10:13 am | HSBC Bank
As was expected, there was no change in the New Zealand government’s medium term goal of returning to a surplus by 2014/15. Furthermore, the government has re-affirmed its commitment to ensure net debt remains below its hard ceiling of 35% of GDP. Any ... More >>
RBNZ Observer Update
Tuesday, 15 May 2012, 9:50 am | HSBC Bank
- While commodity prices are now off their peaks, the NZD has not fallen in line with this, which is dampening incomes More >>
New Zealand Retail Sales Fall: Blame Post Rugby Blues
Monday, 14 May 2012, 2:20 pm | HSBC Bank
Retail sales growth fell sharply in Q1 2012 as the boost from the Rugby World Cup reversed. Total sales fell by -1.5% in volume terms, well below market expectations of a -0.5% decline, but remain +3.4% higher in annual terms. More >>
Australian Budget Observer Update
Wednesday, 9 May 2012, 12:09 pm | HSBC Bank
As expected the government is projecting a massive budget swing as it continues to forecast a surplus by next year, despite fiscal slippage this year. The implied fiscal contraction is the largest since the 1950s (-3.1% of GDP). At the same time, growth ... More >>
New Zealand unemployment rate rises, but not all bad news
Thursday, 3 May 2012, 2:52 pm | HSBC Bank
The New Zealand unemployment rate jumped to 6.7% in Q1 2012, up from a revised higher 6.4% in Q4 2011. The rise went against market expectations centred on 6.3%. But, it is not all bad news. More >>
New Zealand inflation modest RBNZ to stay dovish
Thursday, 19 April 2012, 6:01 pm | HSBC Bank
Kiwi CPI inflation was in line with market expectations, at +0.5% in Q1 12 and +1.6% y-o-y. The rise partly reflects a bounce back in food price inflation, up +0.2% in Q1 after a -2.2% fall in Q4 11, as well a 14.5% hike in excise duty on tobacco. Exchange ... More >>
HSBC Emerging Markets Index Q1 2012
Thursday, 12 April 2012, 4:29 pm | HSBC Bank
HSBC Emerging Markets Index Q1 2012 Emerging market growth gathers pace in the first quarter of the year as manufacturing activity rebounds More >>
Fund Managers Turn Positive on Greater China Equities
Monday, 26 March 2012, 2:20 pm | HSBC Bank
Global fund managers are most optimistic about Greater China1 equities with 56% holding an overweight view in the first quarter of 2012 as they look to move away from cash to equities and bonds this quarter, according to HSBC’s latest Fund Managers’ ... More >>
New Zealand’s GDP Lacklustre
Thursday, 22 March 2012, 4:11 pm | HSBC Bank
GDP surprised on the downside. Over the year, growth was +1.8%, against an expected +2.2%. The Rugby World Cup supported services in H2, but this was partly offset by falling manufacturing, particularly meat. The story is similar on the expenditure ... More >>
HSBC Announces Lowest One Year Fixed Home Loan Rate
Sunday, 11 March 2012, 1:51 pm | HSBC Bank
HSBC Announces NZ's Lowest One Year Fixed Home Loan Rate in 10 Years - HSBC Premier offers 5.29% p.a. fixed for one year - More >>
HSBC Annual Results 2011
Tuesday, 28 February 2012, 3:27 pm | HSBC Bank
Please see the attached press release on HSBC Holdings plc's 2011 Annual Results and the attached release on HSBC’s performance in Asia. More >>
New Zealand to Outperform World Trade Growth, Says HSBC
Wednesday, 22 February 2012, 1:56 pm | HSBC Bank
- New trade corridors and demand for protein provides opportunities - Despite the difficult current economic climate, New Zealand’s trade is set to grow at an annualised rate of 5.88% over the next five years, outperforming world trade growth predicted ... More >>
The NZD Can't Escape "Risk On-Risk Off", Says HSBC
Monday, 13 February 2012, 1:34 pm | HSBC Bank
The NZD continues to be one of the currencies most strongly correlated with the “risk on-risk off” (RORO) factor, leaving economic fundamentals playing second fiddle. More >>
NZ Will Be Top Performer in the Developed World in 2050
Sunday, 12 February 2012, 10:26 am | HSBC Bank
New Zealand will top the league table of ‘developed countries’ with predictions of GDP growth of 2.9% growth in 2050, according to the newly released HSBC Report The World in 2050 . This result for New Zealand outshines predictions for GDP growth ... More >>
New Zealand’s modest recovery continues, says HSBC
Friday, 10 February 2012, 10:23 am | HSBC Bank
Commodity exports to Asia and the post-earthquake reconstruction will drive growth in 2012 and beyond At the same time, household deleveraging and the unwinding fiscal deficit will continue to keep the recovery modest Very low ... More >>
NZ Govt China Strategy warmly welcomed, says HSBC
Friday, 3 February 2012, 1:47 pm | HSBC Bank
Gary Cross, Head of Trade and Supply Chain, at HSBC New Zealand says: “2012 marks the fourth anniversary of the signing of the Free Trade Agreement with China and the auspicious Year of the Dragon, so it is fitting that we now have a formal strategy ... More >>
Russian Foreign Minister Visit Positive for Trade
Tuesday, 31 January 2012, 3:25 pm | HSBC Bank
- Russia one of NZ’s top growing trade partners in next 5 years – - Trade with Russia forecast to grow by 14.06% over next 5 years More >>
NZ Businesses Need To Take Heed Of Davos, Highlights HSBC
Friday, 27 January 2012, 5:30 pm | HSBC Bank
With attention at the World Economic Forum in Davos overnight turning to China and how and whether it could help developed economies such as the USA and Europe avoid further recessions, there are some strong messages coming out of the forum that New ... More >>
RBNZ Observer Update: On hold for a while yet
Thursday, 26 January 2012, 4:56 pm | HSBC Bank
No surprises here. RBNZ remained on hold today at 2.50%, as expected. Governor Bollard suggested that the domestic recovery had been modest, inflation pressures well contained and that the global economy remains fragile. All of this is a recipe for keeping ... More >>
