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- Qatar Islamic Bank first Qatar bank to launch 'Click to Pay' service for Mastercard cardholders
- Qamco net profit rises 25% year-on-year to QR534mn in 9M-2025
- Foreign and Gulf funds drag QSE as index falls 16 points; M-cap melts QR2.24bn
- stc reports KD 255.7 million in revenues, KD 25.8 million in net profit for 9 months
- Oman's central bank issues treasury bills worth OMR33.9mn
- SGH showcases its partnerships & pioneering achievements at Global Health Exhibition 2025
- Barclays secures Saudi licence, plans Riyadh office by 2026
- ADNOC Drilling posts strong 9-month profit surge, outlines $6.8 billion dividend roadmap
- Closing Bell: Saudi main index rises to close at 11,619?
- Riyadh takes center stage in shaping the future of investment
16/11/2009 00:00 AST
In Hong Kong Friday, the Hang Seng Index added 0.7% to close at 22,554, and the Shanghai Composite Index rose 0.5% to end the day at 3,188. Shares fell in Tokyo, sending the Nikkei Index down 0.4% to 9,770.
According to the International Monetary Fund, Hong Kongs economic recovery is fragile. This was emphasized by figures showing a rise in GDP of only 0.4% -- lower than economists had forecast. Meanwhile, the Hang Seng continued its rise with banks registering gains today. Bank of China (BACHY) gained 3.2%, Industrial & Commercial Bank of China (IDBCY) rose 1.9% and Standard Chartered (SCBFF) added 2.9%.
HSBC (HBC) racked up a 1.8% gain after reporting positive third quarter gains earlier in the week. Today rumors are swirling that the bank will sell its East London headquarters building for £800 million ($1.3 billion) to Koreas National Pension Service, according to Reuters. The building is located on the Isle of Dogs at Canary Wharf, Londons newest financial hub.
For more on this:
http://www.dailyfinance.com/2009/11/13/asian-markets-shares-in-hk-rise-in-fragile-recovery/#
Daily Finance
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
28/10/2025
HSBC Holdings said on Monday it will book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's Ponzi scheme.
Khaleej Times
28/10/2025
UK finance minister Rachel Reeves said on Monday she was confident a trade deal with Gulf countries can be done quickly after she had "really good" meetings in Riyadh about an agreement that could he
Reuters
28/10/2025
Social media giant Meta launched on Monday posts that are automatically archived 24 hours after being uploaded, dubbed "ghost posts," on its Threads app, mimicking a popular feature available on its
Reuters
27/10/2025
US President Donald Trump and Malaysian Prime Minister Anwar Ibrahim signed a trade agreement on Sunday, boosting US access to critical minerals as China tightens controls on rare earths.
Be
AFP
27/10/2025
Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal for U.S. President Donald Trump and Chinese President Xi Jinping to finalize that would pause steeper Americ
Reuters
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