HSBC Says Asia Will Slow, First-Half Profit Fell 29%

"Net income for the six months ended June 30 fell to $7.7 billion, or 65 cents a share, from $10.9 billion, or 94 cents, a year earlier, the company said today in a statement. HSBC fell as much as 2.8 percent in London trading after the bank said the outlook is ``highly challenging with significant uncertainty.''"