Goldman Sachs’ Leland to return to London in new role HONG KONG: One of Goldman Sachs’ most senior bankers in Asia, Todd Leland, is leaving the region to become the... Published 20 Jul, 2022 11:58am
Business & Finance Goldman Sachs profits tumble despite strong trading results NEW YORK: Goldman Sachs reported a 48 percent drop in quarterly earnings Monday after setting aside more funds in... Published 18 Jul, 2022 06:27pm
Opinion Bruised investors seek shelter in US healthcare stocks Shares of US healthcare companies are gaining favor as investors bank on their ability to weather rocky economic... Published 14 Jul, 2022 05:00am
Business & Finance Iran applies to join China and Russia in BRICS club DUBAI/LONDON: Iran, which holds the world’s second largest gas reserves, has applied to join the BRICS group of... Published 29 Jun, 2022 05:44am
Business & Finance Goldman Sachs expects over $1.2bn losses from consumer unit this year Goldman Sachs Group Inc’s internal projections show the bank’s consumer unit will record losses of more than $1.2... Published 28 Jun, 2022 07:13pm
Markets China approves ICBC-Goldman JV to start offering wealth services Industrial and Commercial Bank of China (ICBC) said on Friday its wealth management joint venture with Goldman Sachs... Published 24 Jun, 2022 06:13pm
World Goldman Sachs raises probability of U.S. recession to 30% over next year Goldman Sachs sees a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous... Published 21 Jun, 2022 05:50pm
Opinion For central bankers, tighter financial conditions may be an ally Slumping stocks and surging bond yields are rapidly crimping global financial conditions, yet given their effect on... Published 16 Jun, 2022 06:03am
Markets Netflix shares slide as Goldman downgrades on grim economic picture Netflix Inc shares fell 5% on Friday after Goldman Sachs downgraded the streaming giant, which is facing a slowdown... Published 10 Jun, 2022 08:06pm
Markets Goldman raises Brent price outlook on unresolved supply deficit Goldman Sachs increased its Brent oil price forecasts by $10 to $135 a barrel for the period between the second half... Published 07 Jun, 2022 07:37pm
Technology Shorts circle GameStop and AMC, sensing retail fatigue NEW YORK: Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings... Published 07 Jun, 2022 02:45pm
Markets Oil up 1%, supplies seen tighter as China relaxes COVID-19 curbs NEW YORK: Oil prices rose about 1% in a seesaw session on Tuesday, with U.S. crude on track for a 13-week high on... Updated 07 Jun, 2022 10:16pm
Business & Finance Ex-Goldman CEO says recession possibility is ‘very high risk factor’ WASHINGTON: Former Goldman Sachs CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly... Published 16 May, 2022 05:42am
Opinion Goldman, JPMorgan among banks left holding Russian stocks by sanctions switch A decision last month by FTSE Russell and MSCI to remove Russian stocks from their indexes has left some of the... Published 24 Apr, 2022 05:36am
Opinion Dollar’s rally may be nearing ‘tipping point’ as Fed readies big hikes A months-long rally in the dollar may be reaching its peak as the Federal Reserve gears up to deploy more interest... Published 23 Apr, 2022 04:45am
Business & Finance Goldman Sachs flagged Morgan Stanley block trades to Hong Kong regulator Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong’s financial regulator over a series of... Published 21 Apr, 2022 11:41am
Markets Goldman Sachs, Morgan Stanley to lead Intel’s Mobileye IPO NEW YORK: Intel Corp’s Mobileye has tapped investment banks Goldman Sachs Group Inc and Morgan Stanley to lead... Published 18 Apr, 2022 06:51am
Markets Goldman pays 1.7bn euros for Dutch-based asset manager LONDON: Goldman Sachs has acquired Netherlands-based asset manager NN Investment Partners for 1.7 billion euros... Published 11 Apr, 2022 01:29pm
Business & Finance Ex-Goldman banker convicted in US court NEW YORK: Former Goldman Sachs banker Roger Ng was convicted by a US jury on Friday of conspiring to violate an... Published 09 Apr, 2022 04:39am
Markets Wall Street slips on hawkish Fed; banks, industrials top losers NEW YORK: The S&P 500 and the Dow slipped on Thursday, with shares of banks, industrials and airlines leading... Published 08 Apr, 2022 05:28am
Markets Mass exit from nickel market opens up a volatility trap LONDON: The good news for the London Metal Exchange (LME) is that its nickel contract is trading again after last... Published 08 Apr, 2022 05:28am
Business & Finance Goldman Sachs expects Hong Kong home prices to fall 20pc by end-2025 HONG KONG: Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by ... Published 31 Mar, 2022 05:13am
Markets Goldman Sachs expects Hong Kong home prices to fall 20% by end-2025 HONG KONG: Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by... Published 30 Mar, 2022 03:47pm
Markets Copper may be too relaxed about Russian supply threat LONDON: Doctor Copper has sat serene amid the chaos engulfing London Metal Exchange (LME) trading this month. The... Published 24 Mar, 2022 05:36am
Business & Finance Dollar eases as Powell bump fades NEW YORK: The dollar slipped on Tuesday after a move higher the previous day as comments from U.S. Federal Reserve... Published 23 Mar, 2022 04:58am
Markets Goldman Sachs sees five rate hikes in 2023 Goldman Sachs expects the Federal Reserve to raise interest rates five times in 2023, and forecasts that the US... Published 21 Mar, 2022 12:01pm
Markets Goldman says China high-yield developers’ default rate understates stresses SHANGHAI: Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding... Published 18 Mar, 2022 11:44am
Business & Finance Goldman Sachs cuts US growth forecast as commodity prices bite SINGAPORE: Goldman Sachs analysts downgraded their forecasts for US economic growth for this year, reckoning that... Published 11 Mar, 2022 10:18am
Markets Wall Street slides as decades-high inflation reading invites aggressive Fed tightening NEW YORK: Wall Street slid on Thursday as inflation data hit a four-decade high, all but assuring the U.S. Federal... Published 11 Mar, 2022 12:44am
Markets Goldman Sachs to exit Russia Goldman Sachs Group Inc said on Thursday it was closing its operations in Russia, becoming the first major Wall... Updated 10 Mar, 2022 08:17pm
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost