Posts Tagged ‘Goldman Sachs Group Inc’

Bitcoin falls off a cliff again as cryptocurrency slump deepens

By BLOOMBERG
HONG KONG • Cryptocurrencies dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that ...

Suzuki gains on India amid China exit

By BLOOMBERG
TOKYO • Shares of Suzuki Motor Corp advanced after the Japanese carmaker said it’s exiting China, abandoning a market where it struggled ...

Hedge funds face a new threat from richest families in Asia

By BLOOMBERG
SINGAPORE • They’ve already come for the talent, poaching traders from the likes of Millennium Management LLC. Now Asia’s family offices ...

China solar giants chasing growth plans

By BLOOMBERG
BEIJING • The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk ...

S’pore start-up raises RM2.5b for data centres

Beijing • Goldman Sachs Group Inc-backed AirTrunk has raised A$850 million (RM2.53 billion) to fund the expansion of its two Australian data centres and a ...

Chinese hot pot chain seeks approval for RM4b IPO

By BLOOMBERG
HONG KONG • Haidilao International Holding Ltd, China’s biggest hot pot restaurant chain, plans to seek approval next week for a Hong Kong ...

Musk taps Goldman, Silver Lake on Tesla bid plan

By BLOOMBERG
SYDNEY • Elon Musk (picture) continued to drip feed details of his controversial plan to take Tesla Inc private, saying late ...

Commerzbank faces pressure from competition, trade outlook

By BLOOMBERG
FRANKFURT • Relentless competition is keeping Commerzbank AG’s long-planned turnaround frustratingly out of reach, and the prospect of a ...

Axa CEO gets boost on reports of strong profitability

By BLOOMBERG
LONDON • Axa SA gave under-fire CEO Thomas Buberl (picture) a needed boost with first-half (1H) earnings that beat estimates and ...
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1MDB lawyer who worked with Goldman a target in Swiss probe

By BLOOMBERG
Geneva • A former top executive with the Malaysian investment fund 1Malaysia Development Bhd (1MDB) and a senior lawyer at the fund who ...

Russia may have 1 more rate cut left up its sleeve this year

MOSCOW • Russia’s central bank may have veered ever so slightly off its hawkish line to leave some wiggle room for another cut in interest rates this year ...

Goldman says American factories more competitive than you think

By BLOOMBERG
HONG KONG • American manufacturers remain competitive and lower goods exports aren’t solely to blame for a widening US trade deficit and ...