National Apr 26, 2019
by Isabel Reynolds
Working women are playing a bigger role in Japan than Goldman Sachs Group Inc.'s Kathy Matsui thought possible when she penned her first report on womenomics in 1999. Yet the country needs to pick up the pace of change or risk being overtaken by ...
Business Feb 15, 2019
Goldman sees a bargain in resilient Japanese cram school with focus on private tuition
by Min Jeong Lee and Ayaka Maki
Noriko Mori, 47, paid about ¥700,000 ($6,300) to a cram school to help her daughter prepare for a school entrance exam in Tokyo. Her daughter was six, and the entrance exam was for an elementary school. "It was expensive," Mori said. But "she passed the ...
Asia Pacific / Crime & Legal Dec 17, 2018
Malaysia filed criminal charges Monday against Goldman Sachs and two of its former employees over the alleged theft of billions of dollars, heaping fresh pressure on the Wall Street titan over the 1MDB scandal. Goldman subsidiaries and ex-bankers Tim Leissner and Ng Chong Hwa are ...
Business / Corporate Nov 15, 2018
Rock, investment, paper: Goldman Sachs to buy stake in startup making paper from limestone
Goldman Sachs Group Inc. is buying a stake in TBM Co., a startup that has become known for its technology that turns limestone into paper. The two parties confirmed the deal on Thursday. TBM, which makes business cards, posters, catalogs and stickers from limestone, is ...
Business Oct 31, 2018
Goldman Sachs to failed manga artist to startup queen: Akiko Naka's unique path to success
by Keiko Ujikane and Shingo Kawamoto
By the age of 34, Akiko Naka has already experienced more career-wise than most people do in a lifetime. She started by getting hired by Goldman Sachs Group Inc., where she worked as an equity saleswoman. When she left that job, she tried to make ...
Business / Financial Markets | CURRENCY MARKET Sep 3, 2018
Goldman sees yuan gaining in reserves at expense of dollar and yen
China's currency is set to take an increasing share of world foreign-exchange reserves, with the dollar and yen having to make the most room proportionally for the newcomer on the block, according to Goldman Sachs Group Inc. An acceleration in foreign inflows into Chinese fixed ...
Business / Corporate Sep 3, 2018
Asian brewer dubbed world's cheapest alcohol stock by Goldman Sachs
Thai Beverage PLC has earned the title of the world's "cheapest alcohol" pick at Goldman Sachs, with the Bangkok-based brewer now the worst performer in its consumer stocks coverage, although analysts say a turnaround in its operations next year will give the stock a ...
Business Aug 1, 2018
China's steelmakers seen smashing output records despite mill closures
China's steelmakers are smashing production records by pushing furnaces beyond their typical limits, offsetting nationwide closures that may be even more swingeing than government estimates, according to Goldman Sachs Group Inc. The world's top producer has trumpeted sweeping reforms in the past two years that ...
Business / Corporate May 10, 2018
Ex-Goldman trader Yuzo Kano is hiring old rivals to build a cryptocurrency empire in Tokyo
by Yuji Nakamura, Hideki Sagiike and Takahiko Hyuga
Yuzo Kano is trying to build a global cryptocurrency powerhouse, one former financier at a time. The Goldman Sachs Group Inc. alumnus, who turned bitFlyer Inc. into Japan's largest bitcoin exchange, is scooping up traders and bankers from both his old employer and former rivals ...
Business / Corporate Apr 18, 2018
Ex-Goldman banker brings dealmaking skills, sharpened on Toshiba unit sale, to startup eyeing IPO
A former Goldman Sachs Group Inc. investment banker who advised Toshiba Corp. on the sale of its $18 billion memory-chip unit is now applying his dealmaking skills at a Japanese startup that's looking to go public. Hidetoshi Uriu, who joined consulting matchmaker VisasQ Inc. as ...
National / Social Issues Jun 16, 2017
Japan's corporations make strides to foster inclusive LGBT work environment
by Daisuke Kikuchi
In May 2015, Hiroki Inaba, vice president of Goldman Sachs Japan Co.'s legal department, came out as gay, after almost 13 years with the company and 10 years since the company established its LGBT Network, which was formed by staff to promote understanding of ...