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HSBC veteran banker Wallace Lam likely to join rival bank Bank fighting to retain staff after cuttin

China will more than double the number of millionaires in the next five years and boost the size of the middle class by almost half, spurring consumption in the economy, according to HSBC Holdings Plc.The number of high-net-worth individuals -- those with the equivalent of at least 10 million yuan in investable assets -- will likely increase to 5 million by 2025 from more than 2 million currently, the bank estimated. The middle class, which numbers about 340 million now based on the narrowest d

(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal

May 18 (Reuters) - U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks

Sea Limited today announced its financial results for the first quarter ended March 31, 2021.Sea reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 16.98 percent. This is a 19.23 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same

AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat

London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver

Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.Di

The Nasdaq Composite managed to claw back most of its losses Tuesday after falling 2.2% shortly after the open. But that doesn't mean the index itself or the tech sector stocks that populate it are out of the woods. To the contrary, $one$ trader is seeing short opportunities in not only the Nasdaq, but it's biggest component, Apple .Tech stocks have been lagging the Dow and S&P 500 this year, but JC Parets, founder of allstarcharts.com, explains to Yahoo Finance Live that this phenomenon stretc