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HSBC among top bank share gainers in Asia on reflation bets

Bloomberg HSBC Holdings Plc and Standard Chartered Plc’s Hong Kong shares are among top gainers of bank stocks across the region on optimism faster economic growth and higher interest rates will stoke profits. HSBC shares jumped as much as 6.9%, while Standard Chartered gained 6.3% on Tuesday after a two-day market close. The MSCI AC Asia Pacific Financials Index rise ...

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Imax leads China film stocks higher on record ticket sales

Bloomberg Imax China Holding Inc. led a rally in Chinese entertainment stocks after data showed local box-office revenue hit a record high for the Lunar New Year. Ticket sales for the first five days of the Lunar New Year holidays starting Feb. 11 touched 5.7 billion yuan ($880 million), about 33% more than the same period in 2019, which was ...

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Edge signs tri-party defence pact valued at AED3.67b

ABU DHABI / WAM Edge, the UAE’s advanced technology group for defence and beyond, on Monday announced it signed a tri-party strategic cooperation agreement with Ukrainian state-owned defence conglomerate UkrOboronProm, and Ukrspecexport, a Ukrainian state-owned arms trading company. The agreement will enable the three entities to exchange and develop advanced technologies that could lead to over $1 billion worth of ...

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