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Job losses at Goldman hurt investment bank and overseas trade severely
According to a source familiar with the situation, Goldman Sachs (GS.N) started terminating employees on Wednesday as part of a broad cost-cutting initiative. The...
Upon word that Jack Ma was giving up control, shares of Ant-linked companies jump
Following news that Ant founder Jack Ma will relinquish control of the fintech behemoth following an overhaul, shares of registered Chinese companies with Ant...
Investors in U.S. stocks are fearful about a downturn as 2022 closes
As investors prepare for the anticipated recession in 2023, a difficult year for American equities is coming to a close. However, the market's suffering...
China’s resumption boosts the currency while Asian shares rise on Fed rate bets
The forecast for the global economy was improved by expectations for less vigorous U.S. rate hikes and the reopening of China's borders, which led...
Market volatility in Brazil will increase as Bolsonaro allies swarm the capital
After fans of former president Jair Bolsonaro invaded important government facilities on Monday, mimicking the American uprising on January 6, 2021, analysts predicted that...