HSBC rides out China property storm with 74% profit jump, $2 bln buyback
Q3 profit rises to $5.4 bln on better loan outlook
Costs set to tick up to $32 bln as inflation bites
$2 billion share buyback to begin shortly
London shares rise 1%, touch 4-month high
Asian shares steady, dollar weak as traders await earnings
HONG KONG, Oct 25 (Reuters) - Asian shares started steady on Monday ahead of a week packed with major quarterly earnings announcements, while the dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies.
HSBC (HSBA.L) and Facebook (FB.O) will both publish quarterly results on Monday, in Asian trading and late U.S. hours respectively.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 25th October 2021. These are projected dividends and likely to change. IG cannot be held responsible for any changes made.