Goldman Sachs

Broker's Calls

Analysts from Maybank, UOBKH raise TPs on DBS after 1HFY2023 results

The analysts' target prices range from $35.30 to $44.35.

Broker's Calls

Analysts overall positive on UOB after ‘decent’ 2QFY2023 results

Analysts have mostly kept their "add" or "buy" calls except DBS, which has kept its "hold" call.

Banking & finance

Goldman Sachs is in talks to exit Apple partnership, WSJ says

The bank is in talks with AmEx. to take over the Apple credit card and other services that the companies offer together.

IPO

Goldman says IPO bust looks like it's ready to boom once again

While many on Wall Street expect IPO activity to eventually pick up, when exactly remains a point of debate.
Goldman Cuts China GDP Forecast, Citing Limited Options to Boost Stimulus - THE EDGE SINGAPORE

China Focus

Goldman cuts China GDP forecast, citing limited options to boost stimulus

Goldman Sachs cuts China's GDP growth this year to 5.4% from 6% previously

1MDB Watch

Malaysia says ex-Astro CEO returned US$10 million linked to 1MDB

The probe has been completed and no further legal action was taken against her

Banking & finance

Goldman's COO says smaller banks to need more capital after crisis

Waldron also told German paper Handelsblatt that he expects market volatility to remain high in the short term.

Commodities

Goldman Sachs no longer sees oil reaching US$100 this year

The bank’s analysts now see Brent reaching US$94 a barrel for the 12 months ahead

US Economy

Goldman raises US recession probability to 35% on banking stress

Goldman’s proprietary indicators of activity growth still remain positive.
1MDB whistle-blower tells of scripted interview in book - THE EDGE SINGAPORE

1MDB Watch

1MDB whistle-blower tells of scripted interview in book

Justo was made to give an interview with a journalist who was close to Najib Razak’s party and wrote for The Straits Times
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