Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register HSBC Bank for InfoPages here.
HSBC Bank - Latest News [Page 7]
Global Fund Managers Less Bullish Towards Equities
Friday, 17 June 2011, 11:41 am | HSBC Bank
Over four in 10 global fund managers (44%) polled in HSBC’s latest Fund Managers’ Survey continue to hold an overweight view towards equities in the second quarter of 2011 while another 44 per cent shifted their views to neutral. All fund managers ... More >>
Cash rate steady, but statement hawks up
Thursday, 9 June 2011, 12:19 pm | HSBC Bank
Six weeks have gone by and the Governor has shifted his tone from rates are on hold for ‘some time’, to rates are on hold ‘for now’. What will another six weeks bring? The statement acknowledges continued recovery and that the negative effect ... More >>
The RBNZ Observer On hold this month
Wednesday, 8 June 2011, 12:18 pm | HSBC Bank
Recovery in business conditions continues and inflation expectations are rising... ...nonetheless, we expect the RBNZ to remain on hold this week, awaiting further data on the quake’s effect. We still view the risks to inflation as to the upside ... More >>
Calling expats everywhere – make sure you have your say!
Thursday, 2 June 2011, 11:56 am | HSBC Bank
HSBC New Zealand has today announced its involvement in the 2011 Expat Explorer Survey for the first time. The survey is now in its fourth year and Expat Explorer is the largest global survey for expats, where expats worldwide can have their say about ... More >>
Floods hit coal exports but domestic demand strong
Thursday, 2 June 2011, 9:26 am | HSBC Bank
Domestic demand was strong! That should be today’s headline. Instead, most will report that GDP fell by its largest amount in 20 years. True. It did. Down 1.2% in Q1. But this was due to the Queensland floods severely disrupting coal exports, which ... More >>
HBSC Announces Wealth Campaign
Monday, 23 May 2011, 9:25 am | HSBC Bank
HSBC has today announced a new investment campaign which will offer HSBC Premier customers an HSBC Term Fund interest rate of 7.00% p.a for four months if they invest an equal or greater amount in one of HSBC’s Global Unit Trusts or World Selection ... More >>
Tight Budget May Do Some of RBNZ's Work, Says HSBC
Thursday, 19 May 2011, 4:52 pm | HSBC Bank
Sailing a course between supporting a quake-stricken economy and concerns about sovereign rating was always going to be tough. Today's budget manoeuvres through those obstacles well, with a more expansionary fiscal stance in 2011. More >>
HSBC Closes Floating Rate Notes Issue
Thursday, 19 May 2011, 12:16 pm | HSBC Bank
HSBC New Zealand branch (rated AA/Aa1/AA*) has today announced that its five year Wholesale Floating Rate Notes issue due May 2016 closed over subscribed. The transaction was launched as a capped issue of NZD$200 million at a margin of 125 basis points ... More >>
North Asia Investments Will Outperform South Asia in 2011
Tuesday, 17 May 2011, 1:57 pm | HSBC Bank
In 2010 North Asian markets like South Korea, Taiwan and China lagged well behind their South Asian counterparts (Thailand, Indonesia, Malaysia and the Philippines) due to domestic issues such as inflation. However, in 2011 this looks set to change ... More >>
HSBC Donates $250,000 To Canterbury Business Recovery Fund
Wednesday, 11 May 2011, 10:29 am | HSBC Bank
HSBC has today made a $250,000 donation to the Canterbury Business Recovery Fund to help support a number of businesses that have been affected by the February earthquake. More >>
HSBC Names New CEO for New Zealand
Tuesday, 10 May 2011, 12:55 pm | HSBC Bank
HSBC has appointed Noel McNamara as the new Chief Executive Officer for New Zealand, effective 1 September 2011, subject to local regulatory approvals. More >>
Global Trade Confidence High Despite Inflation
Monday, 9 May 2011, 11:16 am | HSBC Bank
Exporters and importers around the world remain optimistic about trade prospects in the next six months despite increasing concerns about rising costs, reduced profitability and volatile demand. The HSBC Trade Confidence Index held steady at 114 in the first ... More >>
New Zealand employment jumps
Thursday, 5 May 2011, 1:07 pm | HSBC Bank
Today's employment data provides further confirmation that the New Zealand economy was already in a solid upswing before the quake struck Canterbury in late February. Employment jumped by a strong 1.4% in Q1, to be back above previous peaks. The unemployment ... More >>
RBNZ Observer Update: Rates to be steady for 'sometime'
Thursday, 28 April 2011, 12:28 pm | HSBC Bank
The RBNZ left the OCR unchanged at 2.50%, as expected, with the Governor indicating that he expected to hold steady for 'sometime'. He noted some signs of recovery, particularly in farm investment and the housing market, and that recent weakness ... More >>
The RBNZ Observer
Wednesday, 27 April 2011, 11:15 am | HSBC Bank
Recent data shows modest recovery before the quake … … and quake weakness largely isolated to Canterbury region With inflation elevated, the RBNZ is expected to highlight the role of high commodity prices and indicate that ... More >>
New Zealand CPI solid -Inflation remains above target
Monday, 18 April 2011, 1:22 pm | HSBC Bank
Kiwi inflation was 4.5% over the year to Q1, a touch weaker than the market expected (4.6%) but a little stronger than RBNZ forecast (4.4%). Headline CPI rose by 0.8% in Q1 (3.2% annualised), which is still above the RBNZ's comfort zone. While some ... More >>
HSBC Joins In WWF’S Earth Hour 2011
Monday, 28 March 2011, 4:26 pm | HSBC Bank
HSBC offices in 60 countries switched off their lights this year to show support for WWF’s Earth Hour. More >>
Mild recovery was underway before quake
Thursday, 24 March 2011, 12:49 pm | HSBC Bank
GDP rose by a modest 0.2% in Q4 2010, to be 0.8% higher over the year. New Zealand thus avoided technical recession and was staging a mild recovery before February's quake. The earthquake is expected to have significantly disrupted economic activity ... More >>
Global Fund Managers Bullish On North American Equities
Friday, 18 March 2011, 1:18 pm | HSBC Bank
***More fund managers neutral towards Asia ex-Japan and Greater China equities*** ***All fund managers are positive on Asian bonds*** ***New Zealand investors should be looking for exciting new investments*** More >>
RBNZ Observer Update: Quake drives 50bps cut
Thursday, 10 March 2011, 12:38 pm | HSBC Bank
The RBNZ cut the OCR by 50bps to 2.5%, a larger cut than market pricing implied (33bps). Economists were split, with 5 for hold (including HSBC), 4 for a 25bps cut and 6 for a 50bps cut. The RBNZ suggested confidence was substantially hit by the ... More >>
