Goldman Sachs

Investing strategies

Goldman lifts S&P 500 target with profit optimism to drive rally

The ongoing earnings season has so far reaffirmed what bulls were expecting all along: profits are holding up well.
Citi and RHB upgrade DBS to ‘buy’; other analysts remain positive - THE EDGE SINGAPORE

Broker's Calls

Citi and RHB upgrade DBS to ‘buy’; other analysts remain positive

The analysts' target prices range from $34.40 to $39.20.
Goldman Sachs downgrades DBS and UOB, likes OCBC among Singapore banks - THE EDGE SINGAPORE

Broker's Calls

Goldman Sachs downgrades DBS and UOB, likes OCBC among Singapore banks

The analysts foresee that 2024 will mark an inflection downward for most Asean banks.

1MDB Watch

Goldman sues Malaysia as 1MDB settlement dispute escalates

Executives at the Wall Street firm have grown increasingly frustrated with the country’s demands to redo its existing 2020 pact.

1MDB Watch

Roger Ng gets prison delay to assist in Malaysia’s 1MDB probe

Ng, a Malaysian national, was supposed to begin serving his sentence on Oct 6.

Global Economy

Briefs: Fed signals higher-for-longer rates; Goldman raises Brent oil forecast to US$100 as rally builds

Quoteworthy: "Ukrainian soldiers are doing with their blood what the UN Security Council should do by its voting."

Commodities

Goldman raises Brent oil forecast to US$100 as rally builds

Oil’s rally has rekindled talk of the possibility of US$100-a-barrel pricing

Banking & finance

DBS offers better risk-reward with NIM and dividend

Based on the results of the local banks, DBS Group Holdings’ 2QFY2023 ended June results exceeded the expectations of analysts.
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