HSBC can no longer avoid the brutal political truth

Linda J. Dodson

It of course operates under the same “blessing” of historically low interest rates as Barclays. Likewise, the coming and partly unavoidable wave of business failures triggered by coronavirus means HSBC is also going to be forced to write off billions in bad loans. Last month, Quinn signalled that the figure for […]

Japan college seniors face longer, tougher job hunting season

Linda J. Dodson

TOKYO — As Japan’s job-hunting season shifts into high gear Monday, college seniors face an employment landscape upended by the coronavirus pandemic, with interviews going online and some hard-hit companies freezing recruitment. As companies interview thousands of students online, the process is expected to take longer. With many planning to […]

Hong Kong no longer autonomous, Pompeo tells Congress

Linda J. Dodson

NEW YORK/WASHINGTON — U.S. Secretary of State Mike Pompeo on Wednesday told Congress that Hong Kong no longer retains autonomy from China, paving the way for sanctions from Washington that would strip the city of economic and trade privileges essential to its status as a global financial hub. Beijing’s decision last […]