HSBC shares fall to lowest level since 1995 following money-laundering report
23 September 2020 |
8:56 am
Yifan Wang. Shares of HSBC Holdings PLC and Standard Chartered PLC dropped in Asian trading Monday following media reports overnight that the two banks and others moved suspected illicit funds despite red flags about their origins.
Related
6 Mar 2022
With the city of Kharkiv devastated and Kyiv braced for attack by an approaching Russian convoy, we are asking whether the US has made the right calls on Ukraine. The message of Biden's State of the Union address was one of solidarity with President Volodymyr Zelensky. But seen from Kyiv, will this feel like enough?
26 Mar 2022
There is currently more trade with western and eastern countries than there is within the continent. Printing banknotes in Africa would boost profits on the continent and, at least theoretically, African countries could choose those with printing capabilities since there's likely some idle capacity.
19 Apr 2022
We take a closer look at the bid by the world's richest man to buy Twitter for $43 billion. Elon Musk would need the backing of major investment firms for the hostile takeover. We explore what a potential purchase could mean for free speech on Twitter and find out why Musk's asking price may have a drug-related reference. Also on the show, we report on why the price of fertilisers is skyrocketing and we get the latest on a fuel shortage in Kenya.
23 May 2022
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
5 Oct 2022
Hungary's parliament approved two anti-corruption reforms to unlock funding from the European Union. The EU has long-expressed rule of law and graft concerns about the illiberal government of Prime Minister Viktor Orban.
26 Nov 2022
African leaders said they would try to alleviate cyclic food insecurity on the continent back in 2003. It's time they got on with it, and they can use Western money to do so, writes DW’s George Okach.
22 Dec
The 2022 FIFA World Cup champions, Argentina, received the biggest monetary award in the history of the competition. Argentina were awarded $42 million for winning the tournament, while runners-up France received $30 million.
20 Jan
The super-rich have more money than they could ever spend. But how can society compel them to give up their excessive wealth? Billionaires counter that they work hard, create jobs and make big donations.
6 Feb
The US announced that it will allow the first transfer of a Russian oligarch's confiscated funds to Ukraine. In the meantime, Germany says it has evidence of over 100 war crimes in Ukraine.
17 Feb
Germany took in more than 1.2 million refugees in 2022. Ahead of a policy summit in Berlin, DW looks at how this has impacted different towns in very different ways.
26 Feb
The Financial Action Task Force (FATF) has also added South Africa and Nigeria to its "grey list," a move that can be devastating to a nation's economy.
Latest
6 hours ago
Angelina Jolie is collaborating with French luxury house Chloé to unveil hew new capsule collection for sustainable fashion label Atelier Jolie.
6 hours ago
The spiritual leader of the world’s 1.3 billion Catholics has suffered several health issues in the last year, but the pontiff is recovering well from his operation, the Vatican has said.
7 hours ago
France, Portugal and Spain, as well as the US, are joining the fight to put out hundreds of active wildfires in Canada. Heavy smoke from wildfires has traveled thousands of miles and shrouded many US cityscapes.
8 hours ago
Northeastern states in the US are experiencing historically high levels of air pollution due to wildfires in Canada. Experts say these types of situations will only increase in the future as the climate warms.
8 hours ago
English midfielder Jude Bellingham is set to leave Borussia Dortmund for Real Madrid, the Bundesliga club have confirmed. The teenager has scored 24 goals in 132 appearances for BVB.
9 hours ago
The former US vice president is launching a bid for the White House. This is no normal set of circumstances for Mike Pence, who was loyal to former US President Donald Trump for years, only parting ways with him after the Jan. 6 attack on the US Capitol. Pence is polling in the single digits and along with former New Jersey Governor Chris Christie is entering a growing field of Republican candidates challenging Donald Trump, who is the current frontrunner by far.