Shares in London-based bank HSBC plunged nearly 7 percent on the Hong Kong stock exchange after the bank reported unexpectedly weak third-quarter results. It was the stock’s biggest drop in a year.
BusinessWhen the war in Iran broke out in March, other countries dumped assets into US government bonds.
BusinessThe British banking group HSBC Holdings is falling on the London Stock Exchange after an unexpectedly weak first-quarter report.
BusinessThe price of fossil gas in Europe is rising in line with the increasing risk of the flow of Russian gas to the EU via Ukraine being cut off at the turn of the year. The prospects of getting a new Russian-Ukrainian gas agreement in place look difficult.
Business
