Oil prices set for best week in two months on demand outlook LONDON: Oil prices were stable on Friday and on course for their best week in more than two months after solid... Updated 14 Jun, 2024 03:35pm
Markets Saudi says OPEC+ can pause or reverse oil output boost ST PETERSBURG: OPEC+ can pause or reverse oil production increases if the market weakens, the Saudi energy minister... Published 07 Jun, 2024 06:24am
Markets Indian rupee set to rally after exit polls predict Modi win MUMBAI: The Indian rupee is expected to rally at the open on Monday after exit polls indicated a third term for... Published 03 Jun, 2024 10:17am
Markets Dow outshines peers on earnings boost NEW YORK: The Dow outpaced Wall Street peers on Monday, boosted by robust gains in Goldman Sachs, while rising... Published 16 Apr, 2024 03:38am
Markets Oil steadies after dip on Middle East ceasefire talks LONDON: Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel... Updated 08 Apr, 2024 08:32pm
Business & Finance Goldman Sachs digital asset head says crypto rally driven by retail investors LONDON, March 19 (Reuters) - The recent surge in cryptocurrency prices has been driven by retail investors, but... Published 29 Mar, 2024 04:44am
World Goldman Sachs, Mubadala ink $1bn private credit Asia-Pacific partnership deal Goldman Sachs and Abu Dhabi’s sovereign wealth fund Mubadala have struck a $1 billion deal, signing a seperately... Published 26 Feb, 2024 10:30am
Business & Finance Goldman Sachs no longer expects US interest rate cut in May SINGAPORE: Goldman Sachs’ analysts no longer expect a US interest rate cut in May and see four 25 basis point cuts... Published 23 Feb, 2024 10:54am
Markets China’s 10-year government bond yields drop to lowest since June 2002 SHANGHAI: China’s 10-year government bond yield dropped to the lowest in more than two decades as investors still... Published 30 Jan, 2024 10:40am
Technology Y Combinator-backed Elevate enters Pakistan, aims to resolve freelancers’ payment woes Offers services alternative to platforms such as Wise and Payoneer Updated 22 Jan, 2024 10:52pm
Markets Gold steadies ahead of key US data Gold prices steadied on Monday as traders braced for fresh data on US economic growth and the Federal Reserve’s... Published 22 Jan, 2024 09:38am
Business & Finance Goldman Sachs beats profit estimates as equity traders ride market rebound NEW YORK: Goldman Sachs beat estimates for fourth-quarter profit on Tuesday as its equity traders capitalized on a... Published 22 Jan, 2024 05:37am
Markets Goldman cuts 2024 Brent price forecast on strong US supply Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying... Published 18 Dec, 2023 11:58am
Markets Asia shares slip into BOJ meeting, US inflation test SYDNEY: Asia stocks slipped on Monday in a subdued start to a week where Japan’s central bank might edge further... Published 18 Dec, 2023 09:55am
Business & Finance Goldman Sachs, J.P.Morgan cut UK’s 2023 growth forecast to 0.5% Goldman Sachs and J.P.Morgan on Wednesday lowered their forecast for Britain’s annual economic growth to 0.5%, as... Published 13 Dec, 2023 02:47pm
Print Aspen chooses NY over London for $4bn IPO: FT LONDON: Aspen Insurance is targeting its $4 billion initial public offering next year in New York instead of London... Updated 04 Dec, 2023 08:47am
Business & Finance US dollar falls NEW YORK: The dollar fell on Friday, after two days of gains, as Federal Reserve Chair struck a cautious tone on... Published 02 Dec, 2023 05:09am
Technology Apple to end credit card partnership with Goldman Sachs Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, the Wall Street Journal reported... Published 29 Nov, 2023 10:48am
Markets Oil retreats on caution ahead of OPEC+ meeting SINGAPORE: Oil futures fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned... Updated 21 Nov, 2023 03:19pm
Markets Hedge funds pile into US stock rally at fastest pace in 2 years: Goldman Sachs LONDON: Hedge funds last week “aggressively” bought US stocks at the fastest pace in two years, said a Goldman... Published 07 Nov, 2023 06:33am
Business & Finance China’s yuan eases SHANGHAI: China’s yuan eased slightly against a strengthening dollar on Monday, though moves were limited as... Published 31 Oct, 2023 05:26am
Markets Goldman’s analysts say Pak rupee rally to be ‘short lived’: report Analysts at Goldman Sachs Group Inc, a global investment bank and financial services company, have warned that gains... Updated 26 Oct, 2023 10:44pm
Markets J.P.Morgan, Goldman Sachs expect Canada central bank to hold rates next week J.P.Morgan and Goldman Sachs now expect the Bank of Canada to keep policy rates unchanged at 5% for the second... Published 18 Oct, 2023 12:19pm
Business & Finance Goldman Sachs says profits down 36 percent in third quarter NEW YORK: US investment bank Goldman Sachs reported a fall in third quarter profits on Tuesday, noting net losses in... Published 17 Oct, 2023 06:56pm
Markets China’s yuan holds ground after holiday break SHANGHAI: China’s yuan held steady against the dollar on the first trading day after the Golden Week holiday,... Published 09 Oct, 2023 10:14am
Opinion ChatGPT as pivot for digital healthcare professionals 30th November 2022 heralded the dawn of a major paradigm shift in the machine-based learning world. On that fateful... Updated 04 Oct, 2023 06:52am
Markets Nasdaq rises on boost from growth stocks NEW YORK: The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more... Published 03 Oct, 2023 06:02am
Markets Gold hits over 1-month low on higher-for-longer US rates theme Gold prices dropped to a more than one-month low on Wednesday, beaten down by an assurgent US dollar as markets made... Published 27 Sep, 2023 11:09am
Markets Greece’s National Bank sells 500mn euro bond ATHENS: National Bank (NBG) , Greece’s second-largest lender by market value, concluded the sale of 500 million... Published 27 Sep, 2023 11:02am
Markets Goldman Sachs now expects BoE to maintain current peak policy rate till Q3 2024 Goldman Sachs said it expected the Bank of England (BoE) to hold its peak policy rate at 5.25% in November and... Published 22 Sep, 2023 10:19am