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Tag Archives: Asian

Goldman Sachs ignored 1MDB warning signs in pursuit of Asian business

Goldman Sachs Group Inc.'s GS -2.76% Advocacy for Asian business and loose oversight of partners have prompted the bank to issue warning signs in dealing with a corrupt Malaysian mutual fund, internal documents and passing interviews show with people who were involved in the transactions. At a meeting in Hong Kong in 2012, evidence for experienced bankers summarized Goldman's review …

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Asian equities declined by rising risks to global growth

TOKYO (Reuters) – Asian equity markets started the week cautiously after soft economic data from China and Europe helped slow global growth and fears of expanding international trade frictions. An investor is sitting in front of a stock information board at a brokerage office in Beijing, China on December 7, 2018. REUTERS / Thomas Peter The broadest index of MSCI …

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Asian shares wobbly, euro steady after ECB ends QE

TOKYO (Reuters) – Asian shares were kept on the defensive on Friday as investors kept a watchful eye on economic tensions between Washington and Beijing. FILE PHOTO: Men look at stock market in Tokyo, Japan, December 5, 2018. REUTERS / Issei Kato MSCI's broadest index of Asian-Pacific shares outside Japan eased 0.3 percent while Japan's Nikkei dropped 0.4 percent. On …

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Asian markets plunge, led by tech stocks, after Huawei exec's arrest

Asian telecom equipment maker Huawei that could derail progress in China-U.S. trade talks. Canadian authorities arrested the chief financial officer of Huawei Technologies for possible extradition to the United States, for allegedly violating sanctions against Iran. Meng Wanzhou was detained in Vancouver, British Columbia, on Saturday, but the news is only recently being released. U.S. Stock market futures dropped, with …

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Asian stocks record losses after China celebrates "successful" trading talks

Asian equities fell on Wednesday after a brutal session on Wall Street, but optimism regarding the trade front, according to comments by the Chinese government, helped contain the losses. On Tuesday, the Dow Jones Industrial Average DJIA, -3.10% dropped nearly 800 points. The yield on the ten-year benchmark of the US benchmark fell to its lowest level in three months, …

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Asian stocks fall after Wall Street sell off

BEIJING (AP) – Asian stocks tumbled on Wednesday after Wall Street fell into disarray, as Washington and Beijing agreed in a ceasefire. The Shanghai Composite Index lost 0.7 percent to 2,647.55. The Nikkei 225 in Tokyo lost 0.4 percent to 21,946.94, while Sydney's S & P ASX 200 fell 1.2 percent to 5,641.50. Kospi Seoul lost 0.6 percent to 2,102.17 …

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Asian stocks rose largely after the recovery on Wall Street

Annabelle Liang, Associated Press Updated 12:18 pm PST, Thursday, November 22, 2018 Men pass an electronic stock exchange showing the Japanese Nikkei 225 index at an investment firm in Tokyo. Thursday, November 22, 2018. Asian markets were mostly lower Thursday as they could contain a mix of data from the United States pointing to slowing growth that is unsettling investors. …

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