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Bloomberg Markets

Below-Average Monsoon May Delay Recovery in India Consumer Demand

Below-Average Monsoon May Delay Recovery in India Consumer Demand
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A longer summer could benefit makers of ice-creams, dairy drinks, and soft beverages.

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Bloomberg Markets

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HSBC's Liao: Customers in Risk‑Off Mode as Tensions Rise
Bloomberg Markets

HSBC's Liao: Customers in Risk‑Off Mode as Tensions Rise

HSBC Asia and Middle East Co‑CEO David Liao says the bank’s broader customer base has shifted into "risk‑off mode" amid the Iran conflict. However, he notes that the balance sheets remain fairly stable across both wholesale and retail businesses. Liao spoke to Bloomberg on the sidelines of the HSBC Global Investment Summit in Hong Kong. (Source: Bloomberg)

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