Goldman Sachs cuts chances of US recession in next one year to 15% Goldman Sachs on Tuesday lowered its probability that a U.S recession would start in the next 12 months to 15% from... Published 05 Sep, 2023 01:10pm
Markets Goldman says oil stock draws cut bearish risk to Brent price Goldman Sachs sees less of a downside risk to oil prices from higher-than-expected inventories, noting that lower... Published 23 Aug, 2023 12:31pm
Business & Finance Goldman Sachs weighs sale of part of its wealth business NEW YORK: Goldman Sachs is weighing the sale of a part of its wealth business, it said on Monday, as it shifts its... Published 22 Aug, 2023 06:03am
World Malaysia may sue Goldman Sachs over 1MDB scandal KUALA LUMPUR: Malaysia may pursue lawsuits against Goldman Sachs over the US investment bank’s role in the... Published 21 Aug, 2023 03:28pm
World Argentina set for primary vote with ruling Peronists fighting for survival BUENOS AIRES: Argentines head to the polls on Sunday in primary elections, with voters set to punish the ruling... Published 13 Aug, 2023 10:31am
Markets Asia shares on guard for US, China inflation risks SYDNEY: Asian share markets were in a cautious mood on Monday after a mixed US jobs report sparked a rally in... Published 07 Aug, 2023 09:43am
Markets China’s yuan inches higher after better-than-expected PMI data SHANGHAI/SINGAPORE: China’s yuan inched higher against the dollar on Monday, underpinned by slightly... Published 31 Jul, 2023 10:16am
Business & Finance Telegraph and Spectator appoint Goldman Sachs to run sale LONDON: The boards of the Telegraph newspaper and The Spectator magazine, led by recently appointed chair Mike... Published 29 Jul, 2023 05:28am
Business & Finance Goldman profit slides to three-year low on consumer losses NEW YORK: Goldman Sachs’ profit dropped 60% in the second quarter, missing Wall Street forecasts, as its retreat... Published 24 Jul, 2023 06:11am
Markets Wall St climbs as investors assess bank earnings NEW YORK: Wall Street rose on Wednesday, as investors looked past weak secon-quarter earnings from Goldman Sachs,... Published 20 Jul, 2023 03:12am
Business & Finance Goldman profit slides to three-year low on consumer losses Goldman Sachs Group reported a bigger-than-expected drop in second-quarter profit as a retreat from consumer... Published 19 Jul, 2023 06:12pm
Markets Wall St kicks off week higher as investors await more earnings NEW YORK: The tech-heavy Nasdaq led Wall Street higher on Monday supported by megacap growth stocks including Apple... Published 18 Jul, 2023 05:51am
Markets Goldman CEO says India has high growth trajectory Goldman Sachs Chief Executive Officer David Solomon said India now had a very high growth trajectory, with a... Published 28 Jun, 2023 11:50am
Markets Goldman says interest rates are a persistent drag on oil’s monthly spreads The monthly price spreads for Brent crude futures are facing significant headwinds from the current higher interest... Published 28 Jun, 2023 10:16am
Business & Finance Goldman Sachs names Sam Morgan as global head of FICC sales LONDON: London-based Sam Morgan has been promoted to global head of sales for Goldman Sachs’ fixed income,... Published 26 Jun, 2023 06:38am
Business & Finance Goldman cutting more than 30 Asia investment banking jobs HONG KONG: Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the ... Published 19 Jun, 2023 06:54am
Markets Gold hits three-month low as hawkish Fed remarks support dollar Gold prices fell to a three-month low on Thursday as hints of further interest rate hikes by the US Federal Reserve... Published 15 Jun, 2023 10:20am
Markets Goldman cutting more than 30 Asia investment banking jobs HONG KONG: Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the... Published 15 Jun, 2023 10:17am
Markets Oil prices fall as investors await Fed rate decision BENGALURU: Oil prices fell to multi-week lows on Monday as analysts highlighted rising global supplies and concerns... Published 13 Jun, 2023 06:00am
Markets Erdogan names Erkan to head Turkiye central bank, policy pivot expected ISTANBUL: President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States,... Published 09 Jun, 2023 01:32pm
World For Musk and other foreign CEOs visiting China, silence is golden SHANGHAI/BEIJING: A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon... Published 07 Jun, 2023 10:19am
Markets Goldman Sachs Asset Management makes $600mn bid for Norway’s Froy OSLO: Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy... Published 05 Jun, 2023 11:40am
Business & Finance Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue NEW YORK: Goldman Sachs Group Inc plans more workforce reductions as the difficult economic environment weighs on... Published 05 Jun, 2023 03:27am
Markets Oil prices rise after US debt deal, all eyes on OPEC meeting LONDON: Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world’s biggest oil... Updated 02 Jun, 2023 05:50pm
Markets Gold prices range-bound as traders measure Fed policy path Gold prices held steady on Thursday, supported by a pullback in the dollar, although prices moved in a tight range... Published 01 Jun, 2023 10:16am
Markets Oil steadies as U.S debt bill progress balanced by higher inventories LONDON: Oil steadied on Thursday as a potential pause in US interest rate hikes and the passing of a crucial vote on... Updated 01 Jun, 2023 03:17pm
Markets Yuan bounces from 5-month low after PBOC pledges to keep market stable SHANGHAI/SINGAPORE: China’s yuan clambered off a five-month low against the dollar in early trade on Monday, after... Published 22 May, 2023 10:18am
Markets Lira slides, dollar bonds tumble as presidential runoff looms LONDON: Turkiye lira held near a two-month low, its sovereign dollar bonds tumbled and the cost of insuring exposure... Published 15 May, 2023 12:30pm
Markets US authorities probe Goldman Sachs over Silicon Valley Bank collapse NEW YORK: US authorities are investigating Goldman Sachs’ work for Silicon Valley Bank in connection with the events... Published 05 May, 2023 11:07am
Business & Finance Goldman Sachs named as defendant in SVB-related class action lawsuit Goldman Sachs is among the underwriters named as defendants in a securities class action lawsuit related to several... Published 04 May, 2023 05:06pm