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Added on the 09/12/2014 13:42:04 - Copyright : Euronews EN
Hong Kong, Sep 21 (EFE/EPA).- Shares of British banking giant HSBC, listed at the Hong Kong stock exchange, on Monday closed at their lowest level since 1995 after multiple media outlets published reports about an investigation that revealed that the bank allowed millions of dollars to be transferred in fraudulent transactions. The bank's share price closed at HK$ 29.3 ($3.78) on Monday, a 52 percent slump compared to the beginning of the year and 81 percent lower than its highest level reached in 2007, just before the global financial crisis. The Hong Kong exchange witnessed HSBC shares lose 5.33 percent of their value within Monday. (Camera: JEROME FAVRE).SHOT LIST: GENERAL VIEW OF A HONG KONG AND SHANGHAI BANK (HSBC) BRANCH IN HONG KONG.
Commerzbank has warned its earnings could fall this year due to businesses borrowing less and the drag on its revenue from negative interest rates, knocking its shares to a record low. David Pollard reports
Oil major BP has reported lower profits and says it will cut spending on exploration because of the fall in oil prices. But as Hayley Platt reports a surprise contribution from its stake in Rosneft helped it beat forecasts.
Images of the 7.5 magnitude quake aftermath as authorities warn of landslides and heavy rain after a powerful earthquake that killed at least 62 people. IMAGES
14-year-old Palestinian Ahmed Salaima is greeted by his family upon his arrival home in Israeli-annexed east Jerusalem, after being released from an Israeli prison as part of a Hamas-Israel hostage deal in Gaza. IMAGES
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