HSBC London Office

HSBC says Bonus for Chairman Capped at 1 Million Pounds

Banking group HSBC Holdings Plc (HSBA.L) has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds ($1.7 million) and saying it would be a one off. May 15, 2014
Nikkei

Japan Q1 Growth Fastest in more than 2 years Before Tax Hike

Japan's economy grew in the January-March quarter at the fastest pace in more than two years as consumers rushed to spend before a sales-tax hike and business investment rose in a sign of confidence in the prospects for future growth. May 15, 2014
Asian Shares Bounce from 4-week low

Asian Shares Tread Water, Bonds Supported

Asian shares pared early losses on Thursday but held below the previous session's one-month highs, while expectations of credit easing by the European Central Bank knocked yields on U.S. and European bonds. May 15, 2014
John Kerry has denied that he made a comment about Israel becoming an

Kerry Discusses Peace, Unity Government with Palestinian Leader

U.S. Secretary of State John Kerry held a two-hour discussion with Palestinian President Mahmoud Abbas in London late on Wednesday in their first meeting since U.S. efforts to broker an Israeli-Palestinian peace deal collapsed last month. May 15, 2014
abduction-in-nigeria

Boko Haram Rebels Kill Four Nigerian Soldiers in Ambush

Boko Haram rebels killed four Nigerian soldiers in a night ambush outside the northeastern city of Maiduguri and several insurgents also died in the firefight, according to a statement on Wednesday from Defence Headquarters. May 15, 2014