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Global bank says PH remains resilient malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
India s economic growth, which is one of the strongest in Asia, is expected to continue next year, according to James Cheo, CIO for Southeast Asia, Global Private Banking and Wealth at HSBC. This is due to a rebound in consumer demand, a healthier banking sector, and improved earnings outlook, particularly in the banking and IT sectors. Cheo also predicts that digitalisation will continue to bolster spending in the informal economy, and the weaker USD trend will keep the rupee stable, making Indian local currency (LC) government bonds more attractive. ....
HSBC hikes Philippine GDP growth forecast to 6.5% philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
HSBC Holdings PLC’s global private banking and wealth management division has an upbeat outlook for Taiwan, the only North Asian market for which it had raised its outlook, as the domestic semiconductor sector is expected to continue to benefit from digitalization worldwide, it said yesterday. Although the semiconductor sector has posted robust profit growth this year, it is likely to expand further next year thanks to a rising demand for chips, Hong Kong-based chief investment officer for Asia Fan Cheuk Wan (范卓雲) told a news conference. Next year, semiconductor companies’ earnings per share are likely to grow at a slower pace, due ....
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