Goldman Sachs pares risk after tariff move, braces for more uncertainty NEW YORK: Goldman Sachs has moderated its risk-taking since U.S. President Donald Trump’s April tariff announcement,... Published 05 Jun, 2025 06:19pm
Markets Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day... Published 02 Jun, 2025 11:21am
Business & Finance Goldman Sachs raises forecast for Asian equities on easing trade tension SINGAPORE: Goldman Sachs raised its 12-month price target for Asian equities on Friday, citing a better growth... Published 16 May, 2025 11:57am
Markets Goldman Sachs says investors trim dollar holdings, return to neutral position on US NEW YORK: Goldman Sachs President John Waldron said a recent lightening up of U.S. dollar assets by investors had... Published 14 May, 2025 04:33pm
Business & Finance Goldman Sachs’ profit jumps as traders deliver gains Goldman Sachs reported a 15% rise in first-quarter profit as market volatility led to record revenue in equities... Published 14 Apr, 2025 04:47pm
Markets Goldman Sachs expects oil prices to decline through 2026 Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of... Published 14 Apr, 2025 08:01am
Business & Finance Goldman Sachs raises odds of US recession to 45% SINGAPORE: Goldman Sachs has raised the odds of a US recession to 45% in the next 12 months, joining other... Published 07 Apr, 2025 11:02am
World Trump’s tariff ‘medicine’ injects turmoil into global markets TOKYO: US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping... Updated 07 Apr, 2025 05:07pm
Business & Finance Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply Goldman Sachs lowered its forecast for Brent crude’s average price this year by 5.5% to $69 a barrel and for WTI... Published 04 Apr, 2025 11:44am
Markets Oil gains after Trump cancels Chevron’s Venezuela license TOKYO/SINGAPORE: Oil prices climbed for the first time in three days on Thursday, with supply worries resurfacing... Updated 27 Feb, 2025 01:13pm
World Russia’s wealth fund chief says Trump is a problem solver ahead of Riyadh talks RIYADH: The head of Russia’s sovereign wealth fund on Tuesday described US President Donald Trump as a problem... Published 18 Feb, 2025 11:31am
Markets European shares log longest weekly streak of advances in a year FRANKFURT: Europe’s main stock index closed lower on Friday, as investors paused following four successive sessions... Published 15 Feb, 2025 05:54am
Business & Finance Trump’s tariffs to have limited impact on oil, gas prices, Goldman Sachs says The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have... Published 03 Feb, 2025 10:05am
Business & Finance Goldman Sachs raises US gas price forecast amid colder winter Goldman Sachs has raised its forecast for US natural gas prices to $3.60 per million British thermal units (MMBtu)... Published 28 Jan, 2025 11:23am
Business & Finance JPMorgan earns biggest-ever annual profit NEW YORK: JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall... Published 16 Jan, 2025 03:04am
Business & Finance Economists say Los Angeles fire to have limited national economic impact Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near... Published 15 Jan, 2025 08:05am
Markets China stocks dip in scramble for offshore assets amid deflationary pressure SHANGHAI: China stocks slipped on Thursday as official data underscored persistent deflationary pressure despite... Published 10 Jan, 2025 03:51am
Markets China’s yuan falls to 16-month low despite firmer fix, state media messages SHANGHAI: China’s yuan weakened to a fresh 16-month low against the dollar in early trading on Monday, despite a... Published 06 Jan, 2025 10:56am
Markets Oil heads for 2% weekly decline as supply risks ease LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern... Updated 29 Nov, 2024 08:06pm
Markets OPEC+ production cuts may support oil prices in near term, Goldman Sachs says Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting... Published 27 Nov, 2024 11:34am
Business & Finance Goldman Sachs downgrades Hong Kong stocks to underweight SINGAPORE: Hong Kong stocks are cheap but may miss out on the benefits of China’s efforts to support its economy,... Published 18 Nov, 2024 10:53am
Business & Finance Goldman cuts Indian equities to ‘neutral’ as economic, earnings growth slows Goldman Sachs tactically lowered Indian equities to “neutral” from “overweight” on Tuesday, as the country’s slowing... Published 23 Oct, 2024 10:49am
Markets China’s yuan firms on report Beijing considering more economic stimulus SHANGHAI/BEIJING: China’s yuan inched higher against the dollar on Thursday, supported by positive investor... Published 26 Sep, 2024 11:41am
Markets Goldman Sachs says oil subject to downside into 2025-2026 due to surplus SINGAPORE: Oil prices are still subject to downside into 2025-2026 amid a surplus market, Daan Struyven, head of oil... Published 09 Sep, 2024 11:45am
Technology ByteDance eyes $9.5bn in record Asia dollar corporate loan, Bloomberg News reports TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated... Published 02 Sep, 2024 03:00pm
Business & Finance Goldman Sachs to lay off over 1,300 employees, WSJ reports BENGALURU: Goldman Sachs plans to cut more than 1,300 employees from its global workforce as part of an annual ... Published 02 Sep, 2024 06:40am
Markets Gold price per tola decreases Rs200 in Pakistan After hitting record highs in the previous session, gold prices in Pakistan declined on Monday in line with the drop... Published 19 Aug, 2024 12:54pm
Business & Finance Goldman Sachs lowers odds of US recession to 20% from 25% Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from... Published 19 Aug, 2024 10:22am
Business & Finance Goldman Sachs profits more than double to $2.9bn NEW YORK: Goldman Sachs reported strong second-quarter results Monday demonstrating robustness across its trading,... Published 15 Jul, 2024 06:04pm
Business & Finance Goldman Sachs lowers China 2024 growth forecast to 4.9% Goldman Sachs on Monday lowered its forecast for China’s 2024 gross domestic product to 4.9% from 5.0% on the back... Published 15 Jul, 2024 12:39pm