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HDFC plans to raise $1.8 billion

Bloomberg Housing Development Finance Corporation (HDFC) plans to raise $1.8 billion through the sale of shares or bonds, as financiers across India seek to boost buffers amid coronavirus. The money will be used for purposes including organic growth, acquisitions and to maintain sufficient liquidity, India’s biggest mortgage lender said in a statement. HDFC becomes the latest to join other lenders ...

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HSBC hits out at ‘rumours’

Bloomberg HSBC Holdings Plc hit out at unspecified “internet rumors’ in China, pledging to continue to invest and support Chinese economy as tensions grow. In a statement on its official WeChat account, the bank urged the Chinese public to “reasonably” consider and assess its positive role as an international bank in the development of China’s market. “We have noticed some ...

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Twitter says you can speak rather than type when you tweet

Bloomberg Twitter Inc. will let users record and post their tweets as short audio clips directly in the app, which other users can then listen to from their Twitter feed. The idea is to give people more space to share than allowed by typing the maximum 280 characters. “Sometimes 280 characters aren’t enough and some conversational nuances are lost in ...

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