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HSBC beats forecast and announces $3bn share buyback

HSBC’s new chief executive, Georges Elhedery, has pledged to winnow out senior ranks of the bank “at pace” but declined to put any number on cost savings as he reported better than expected results for the September quarter. Elhedery said…

Bangkok office vacancy rates rise

The vacancy rates for Bangkok office space has continued to rise, particularly in the central business district (CBD), driven by a significant increase in new premium-grade supply, according to property consultant CBRE Thailand. Sarut Virakul, head of office services, said…

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