Page 336 


HSBC expansion curtailed by China slowdown

Great Wall Of China Graffiti

London based HSBC has had its expansion plans throughout Asia dashed by slowing economic growth in China and increased market volatility throughout the region, according to Moody's Investors Service.

Mark Carney rules out rate rise for now

Mark Carney

Bank of England governor Mark Carney has said he needs to see faster economic growth, higher pay and more core inflation before he votes for the first interest rate hike in nearly a decade.