Tag - goldman-sachs

 
 

GOLDMAN SACHS

Goldman Sachs is exiting transaction banking in Japan, less than a year after announcing plans to enter the business
BUSINESS / Companies
Mar 8, 2024
Goldman Sachs exits Japan transaction banking in sudden reversal
The bank will remain focused on growing its transaction banking operations in the U.S., U.K. and European Union, according to a spokesperson for the firm.
Wall Street giants are endorsing India as the prime investment destination for the coming decade.
BUSINESS / Markets
Feb 6, 2024
Wall Street snubs China for India in a historic markets shift
India has vastly expanded infrastructure under Prime Minister Narendra Modi in his bid to lure global capital and supply lines away from Beijing.
Pudong's Lujiazui Financial District in Shanghai. Chinese stocks fell more than 15% in 2023, while many emerging markets did just fine.
BUSINESS / Markets
Dec 26, 2023
Goldman rethinks emerging market strategy after China lesson
Chinese stocks, expected to rally in 2023, fell more than 15%, while many emerging markets did just fine.
A VinFast electric car is parked outside a showroom in Hanoi on Aug. 18.
BUSINESS / Companies
Aug 29, 2023
EV maker VinFast now worth more than Goldman Sachs and Boeing
VinFast shares closed up 20% at $82.35 Monday, marking a blistering 688% since its market debut Aug. 15. It is currently worth about $190 billion.
Japan Times
BUSINESS
Jun 14, 2023
Goldman bumps up Japan price forecasts to widen gap with BOJ
Goldman cited a weaker yen and oil prices as major reasons for its revision.
Japan Times
BUSINESS / Companies
Jun 7, 2023
For Musk and other foreign CEOs visiting China, silence is golden
Musk, known for his unreserved banter on Twitter, was uncharacteristically silent on a whirlwind trip last week.
Japan Times
BUSINESS
May 24, 2023
Goldman backs Japan’s biggest taxi app at $1 billion valuation
Goldman began investing in global startups from a dedicated vehicle in 2022, and Go marks its biggest outlay in Japan under that initiative.
Japan Times
BUSINESS / Markets
Apr 20, 2023
Goldman Japan fund joins growing bullish chorus on chip stocks
Chip stocks have gained this year as interest in ChatGPT and other artificial intelligence services has brightened sentiment for high-end semiconductor producers
Japan Times
BUSINESS
Apr 12, 2023
Goldman Sachs to start offering transaction banking services in Japan
Japan is the first country in Asia where the firm will offer the services, which include handling money for large companies, the bank said.
Japan Times
BUSINESS
Jan 9, 2023
Goldman to cut about 3,200 jobs this week after cost review
The firm is expected to start the process midweek and the total number of people affected will not exceed 3,200.
Japan Times
BUSINESS / Companies
Dec 17, 2022
Goldman Sachs to cut thousands as Wall Street layoffs intensify
Goldman Sachs Group Inc. is planning to cut thousands of employees to navigate a difficult economic environment, a source familiar with the matter said.
Japan Times
BUSINESS
Jun 13, 2022
Wall Street's China problems multiply with warning on banker pay
Don't reward your top people too lavishly, Chinese regulators warned banks this year in meetings in Shanghai and Beijing, or you might run afoul of the Communist Party.
Japan Times
BUSINESS / Economy
Feb 22, 2022
An obscure corner of Wall Street is making billions trading inflation
Most of the world hates inflation, but for a small band of traders who can navigate its challenges, inflation has finally become a goldmine.
Japan Times
BUSINESS / Companies
Jul 2, 2021
Goldman chooses new Tokyo headquarters, reaffirming commitment to office life
The bank's chief executive officer, David Solomon, has been vocal in opposing work from home, calling it an 'aberration.”
Japan Times
BUSINESS / Companies
Apr 8, 2021
Japanese regulators heightening scrutiny over high-risk trades after Archegos collapse
The Financial Services Agency and the Bank of Japan will scrutinize how financial institutions that incurred losses had been managing transaction risks.
Japan Times
BUSINESS
Apr 3, 2021
Seduced by Archegos' growth, Nomura took a chance on Sung Kook Hwang comeback
Hwang's appetite for huge bets on technology, media and other company stocks in the United States and Asia proved too lucrative for Nomura to resist.
Japan Times
BUSINESS / Companies
Oct 23, 2020
Goldman’s image stained again with damning 1MDB settlements
In a deal with the U.S. Justice Department, the bank admitted executives and other staff conspired to pay more than $1.6 billion in bribes to win business in Malaysia.
Japan Times
BUSINESS / Companies
Apr 14, 2020
Japan carmakers will recover fast with Honda buy rating, Goldman says
The coronavirus outbreak will reduce Japanese automakers’ combined operating profit by 38 percent this business year, but the manufacturers may rebound faster than they did after the global financial crisis more than a decade ago, according to analysts at Goldman Sachs Group.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Japan to contract at 25% rate despite stimulus, Goldman Sachs predicts
Even with a record stimulus package, Japan’s economy is heading toward a record contraction of 25 percent this quarter after Prime Minister Shinzo Abe declared a state of emergency in Tokyo, Osaka and some other parts of the country, according to Goldman Sachs.
BUSINESS / Economy
Feb 28, 2020
U.S. firms set for zero profit growth this year as virus spreads, says Goldman Sachs
U.S. companies will see profits stagnate in 2020 thanks to the spread of the coronavirus in China and beyond, Goldman Sachs said on Thursday, slashing its expectations for average corporate earnings this year.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on