Edition:
India

Elizabeth Dilts Marshall

Exclusive: Goldman revamps employee reviews, opening door to greater job cuts

27 Jul 2020

NEW YORK U.S. investment bank Goldman Sachs Group Inc is adopting a performance review system that will grade up to 10% of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years.

Goldman to pay Malaysia $3.9 billion over 1MBD scandal, U.S. settlement seen close

24 Jul 2020

By Rozanna Latiff, Joseph Sipalan and Elizabeth Dilts Marshall | Video

Asia markets to fall on China vow to retaliate against U.S.

24 Jul 2020

NEW YORK, July 23 Asian markets are set to open mostly lower on Friday as China vowed to retaliate against a U.S. order to close one of its consulates, and the American equity markets fell on gloomy data about its labor market.

GLOBAL MARKETS-Shares drop as China consulate closure fans Sino-U.S. tensions

23 Jul 2020

* Global stimulus seen providing structural support for risk assets - Saxo

Asia markets set to come under pressure as U.S.-China ties worsen

23 Jul 2020

NEW YORK Asian stocks were likely to come under pressure on Thursday as fresh diplomatic tensions between Washington and Beijing heightened investor jitters and overshadowed the boost to Wall Street from U.S. stimulus hopes.

GLOBAL MARKETS-Asia markets set to come under pressure as U.S.-China ties worsen

23 Jul 2020

NEW YORK, July 22 Asian stocks were likely to come under pressure on Thursday as fresh diplomatic tensions between Washington and Beijing heightened investor jitters and overshadowed the boost to Wall Street from U.S. stimulus hopes.

GLOBAL MARKETS-Euro stands tall as investors bet recovery hampers dollar, stocks up

22 Jul 2020

SINGAPORE/NEW YORK, July 22 The euro stood at an 18-month high, silver soared and commodities forged ahead on Wednesday, as economic recovery hopes drove bets on rebounding world demand and a falling U.S. dollar.

GLOBAL MARKETS-Asia markets to open lower on pandemic worries, shrugging off U.S. equities upswing

22 Jul 2020

NEW YORK, July 21 Asia shares were set to open lower on Wednesday after U.S. President Donald Trump's comments regarding the country's surge in novel coronavirus cases outweighed a slight rally on Wall Street.

GLOBAL MARKETS-Asian shares extend gains as investors count on stimulus, vaccines

21 Jul 2020

TOKYO/NEW YORK, July 21 Asian shares advanced on Tuesday as prospects of a deal by European Union leaders to jointly fund recovery of their economies and hopes for a coronavirus vaccine lifted risk appetite.

GLOBAL MARKETS-Asian markets set to track U.S. gains on vaccine, EU deal hopes

21 Jul 2020

NEW YORK, July 20 Asian shares were set to open higher on Tuesday after U.S. markets gained ground on positive data from trials of three potential COVID-19 vaccines and hopes that the European Union would finalize a recovery fund.

World News