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US Treasury yields rose, with the 10-year bond interest rate exceeding 4.6% and logging a high since mid-November. Coupled with the ongoing conflict between Iran and Israel, US stocks rose and then retreated on Monday.DJIA once hiked as much as 403 points at one point, but then reversed course and closed lower by 248 points or 0...
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China's economy is expected to grow at an annualized rate of 7.5% QoQ in 1Q24, higher than its prior forecast of 5.6%, as factory activity accelerates more than expected, Goldman Sachs said. Therefore, Goldman Sachs raised its full-year economic growth forecast for China to 5% from 4.8%, and kept its growth forecast for 202...
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Dreame Technology, a Chinese smart home appliance maker, is considering an IPO to raise at least US$300 million, Bloomberg quoted sources as saying.It was reported that Dreame Technology is working with advisers at CICC (03908.HK), Goldman Sachs Group, Inc. (GS.US) and Morgan Stanley on a potential IPO that may take place as ear...
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Goldman Sachs (GS.US) is giving up the lease of a floor at HYSAN DEV (00014.HK)'s Lee Garden Three in Causeway Bay to save costs, Bloomberg reported, citing people with the knowledge of the matter. Goldman Sachs had leased five floors, totaling 92,000 sq.ft., at Lee Garden Three in 2018 as back offices.CBRE data showed that ...
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The salaries of senior investment bankers at most major Asian Wall Street banks fell to the lowest point in nearly 20 years, mainly due to the lack of transactions in China and Hong Kong, Bloomberg cited people familiar with the matter. The total salaries of senior bankers in Asia (excluding Japan) dropped to US$700,000-800,000,...
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