The firm’s top executives in recent months have laid out plans to raise more client funds for private investing and rely less on its own balance sheet. As part of that effort, the bank is looking to consolidate the investing activities of multiple units across the firm to add more heft to its merchant banking division, according to people briefed on the matter. The Wall Street Journal reported Sunday that Goldman is pulling together four separate units, including the special situations group from its trading division, to create a larger entity that will invest in private companies, real estate and other deals.

Sun, 16 Jun 2019 23:14:43 -0400

Joshua Wong, a leading figure in Hong Kong's 2014 Umbrella Movement demonstrations, has vowed to join the latest protests after he was released from prison. Wong's release Monday came as protesters were gathered near Hong Kong's government headquarters after a protest on Sunday that organizers said drew nearly 2 million people. Wong served a two-month sentence for contempt related to his involvement in the 2014 protests advocating a more democratic elections process.

Sun, 16 Jun 2019 23:13:43 -0400

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

Sun, 16 Jun 2019 23:09:42 -0400

Japan Display Inc on Monday said it has received notice from TPK Holding Co Ltd that the Taiwanese screen maker has decided not to invest a proposed $230 million, muddying the outlook for the Apple Inc supplier. The decision is a blow to the Japanese smartphone display maker which has been seeking a cash injection to recover from the impact of slowing sales of Apple's iPhone as well as a late shift to organic light-emitting diode (OLED) screens. Japan Display had planned to raise 80 billion yen ($740 million) from a Chinese-Taiwanese consortium involving TPK.

Sun, 16 Jun 2019 23:09:29 -0400

Japanese and Australian shares saw modest losses, while equities in Hong Kong climbed after the government suspended a controversial extradition bill. Treasury yields ticked higher after upbeat economic data at the end of last week left some doubts about a more dovish position from the Federal Reserve. Investors will be scrutinizing the Fed’s policy decision Wednesday for signals on the chances of rates cuts ahead.

Sun, 16 Jun 2019 23:06:44 -0400

U.S. gold futures fell 0.3% to $1,340.20 an ounce. U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter. Focus was shifting to the U.S. Federal Reserve meeting on Tuesday and Wednesday.

Sun, 16 Jun 2019 23:05:44 -0400

Target said its payments vendor NCR experienced an issue at one of its data centers on Sunday afternoon, which affected the retailer's stores. The company had faced an outage on Saturday due to an "internal technology issue" which stopped customers in the United States from paying for in-store purchases.

Sun, 16 Jun 2019 23:04:30 -0400

If you want to know who really controls The PAS Group Limited (ASX:PGR), then you'll have to look at the makeup of its...

Sun, 16 Jun 2019 23:03:00 -0400

In this article we are going to estimate the intrinsic value of G.M.Breweries Limited (NSE:GMBREW) by taking the...

Sun, 16 Jun 2019 23:01:44 -0400

A heads of agreement between the two includes an extension of the company’s contract to operate the Masela block by 27 years until 2055, Inpex President Takayuki Ueda told reporters Sunday at a G-20 energy and environment meeting in Japan. Inpex will start front-end engineering and design work after the government approves its development plan, which it will submit within weeks. “This is a massive LNG project,” Ueda said.

Sun, 16 Jun 2019 22:59:11 -0400