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Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings, an executive told Reuters.
Starbucks plans to tap young, wealthy customers to weather recession

Starbucks plans to tap young, wealthy customers to weather recession

Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits, saying it will weather any coming recession by selling customized cold drinks through its rewards app.
November 3, 2022 | 11:48 pm PT
Wall St loses over $200 billion in value after report from Amazon

Wall St loses over $200 billion in value after report from Amazon

Over $200 billion in U.S. stock value went up in smoke in extended trade Thursday, after a weak forecast from Amazon added to downbeat quarterly reports from Big Tech companies.
October 27, 2022 | 07:18 pm PT
Wall Street revives Russian bond trading after US go-ahead

Wall Street revives Russian bond trading after US go-ahead

Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic.
August 14, 2022 | 10:41 pm PT
Wall Street watchdog to laid-off crypto employees: work for us

Wall Street watchdog to laid-off crypto employees: work for us

The Financial Industry Regulatory Authority plans to increase its resources to understand and monitor cryptocurrencies as more of the Wall Street watchdog's members trade digital assets, Chief Executive Officer Robert Cook said on Tuesday.
June 14, 2022 | 06:18 pm PT
Wall Street or Disneyland? HCMC mulls financial center themes

Wall Street or Disneyland? HCMC mulls financial center themes

Two different main themes have been presented for an international financial center in HCMC: one a traditional Wall-Street-like concept; and the other, a Disneyland.
February 21, 2022 | 11:00 pm PT
Asian markets mixed as inflation plays against recovery optimism

Asian markets mixed as inflation plays against recovery optimism

Asian markets were mixed Monday as long-running concerns about inflation offset forecast-busting economic data out of the U.S. and China.
November 7, 2021 | 11:26 pm PT
Uber's market debut sours most anticipated IPO since Facebook

Uber's market debut sours most anticipated IPO since Facebook

Uber Technologies Inc’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday.
May 11, 2019 | 03:28 am PT
SE Asia Stocks: Most lose ground, Vietnam dives to three-month low

SE Asia Stocks: Most lose ground, Vietnam dives to three-month low

Most Southeast Asian stock markets slumped on Thursday, following a tech rout on Wall Street that saw the year's gains being wiped out.
October 25, 2018 | 12:42 am PT
Wall St swoons on Tillerson firing, tech losses; oil dragged down

Wall St swoons on Tillerson firing, tech losses; oil dragged down

Facebook, Alphabet, Microsoft are biggest losers.
March 13, 2018 | 05:51 pm PT
Asian markets finish week on a high

Asian markets finish week on a high

Friday saw a bounce-back as investors tracked their New York counterparts
February 23, 2018 | 12:58 am PT
Stocks rally despite US inflation spike, dollar on defensive

Stocks rally despite US inflation spike, dollar on defensive

Asian stocks gained on Thursday after Wall Street brushed aside strong U.S. inflation data.
February 14, 2018 | 05:01 pm PT
Asia stocks pummeled by fresh Wall Street slide, safe havens in demand

Asia stocks pummeled by fresh Wall Street slide, safe havens in demand

Another big slide.
February 8, 2018 | 05:19 pm PT
Asia stocks back from the brink as Wall Street bounces

Asia stocks back from the brink as Wall Street bounces

While the pullback in bonds was a hint that risk appetite might be returning, it also had the potential to trigger another spasm of selling in stocks.
February 6, 2018 | 05:26 pm PT
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