CHINA TOPIX

03/29/2024 09:17:16 am

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Unbeievable!

China Joins Asteroid Mining Race; to Build Civilian and Military Bases on Asteroids

Experts calculate a single asteroid can possess some $95.8 trillion in mineral wealth.

Goldman Sachs warned that the yuan may be headed for recording its steepest decline in more than 20 years.

Goldman Sachs Issues Warning on China’s Mounting Currency Outflow

According to a research report released by Goldman Sachs, the People's Bank of China (PBOC) liquidated $1.1 trillion worth of foreign currency reserves since August previous year. This amount more than doubles the $540 billion figure reported by the PBOC for the period between August 2015 and November 2016.

JPMorgan has agreed to settle its China nepotism case for $264 million.

JPMorgan to Pay $264 Million to Settle China Hiring Case

JPMorgan has agreed to pay $264 million to the US authorities for resolving its nepotism case in China. The bank allegedly hired the kith and kin of Chinese officials in lieu of favors. The bank was being probed by the US Securities and Exchange and the Justice Department for potential violation of the US Foreign Corrupt Practices Act.

Goldman Sachs has raised concerns about China's housing market.

Goldman Sachs Expresses Concern About Chinese Housing Market and Metals

Goldman Sachs, in its latest report, has raised apprehensions about the future course of China's housing market. The report discussed the impact of a downturn on the country's housing market on its metals sector. The bank cited possible overcapacity in China's housing market as a cause of concern.

 A financial professional stands in the Goldman Sachs booth on the floor of the New York Stock Exchange April 27, 2010 in New York, New York.

Goldman Sachs to Cut Workforce in Asia by 30%: Reports

Goldman Sachs is going to axe up nearly 30 percent of its 300 investment banking teams in Asia outside of Japan, sources familiar with the matter told Reuters.

A close-up of the Olympic gold medal during the Launch of Medals and Victory Ceremonies for the Rio 2016 Olympic and Paralympic Games at the Future Arena in Olympic Park on June 14, 2016 in Rio de Janeiro, Brazil.

US and China Favorites to Win Most Gold at Rio Olympics

United States and China will bag the most number of gold medals at the forthcoming Olympic Games in Rio de Janeiro, Brazil, according to a Goldman Sachs survey released on Monday.

Goldman Sachs

Japanese Porn Star Shizuka Minamoto Sacked by Goldman Sachs

The Tokyo branch of Goldman Sachs offered a job to a recent college graduate and then quickly rescinded when they discovered that she was former porn star Shizuka Minamoto.

china-india-leaders

India To Outpace China By 2016, Gadget Gold Rush Incoming

India is close to outpacing China on gross domestic product growth, with Goldman Sachs projecting India to surpass China in 2016.

(Photo: Visa Logo)

Visa to Open New Technology Development Center in India

With the new center, Visa plans to create 2,000 new full-time jobs around the world, while taking advantage of India’s software engineering talent.

85 Broad Street, the building where the investment bank Goldman, Sachs & Company is located, in New York

Goldman Forks Over $3.15 Billion To End Mortgage Case

Goldman Sachs has finally agreed o pay a record $3.15 billion to the government in exchange for dropping of charges brought by federal authorities related to the financial crisis.

New York, UNITED STATES

Flushing Celebrates 24th Annual Hong Kong Dragon Boat Festival

Flushing Meadows-Corona Park celebrated its 24th annual Hong Kong Dragon Boat Festival this past weekend on August 9th and 10th.

Citigroup sign

Citigroup Unit Settles SEC Charges with US$5 Million Penalty

The charges against LavaFlow Inc. stem from SEC claims that the company failed to protect confidential subscriber information.

Former Female Employees Allege Goldman Sachs Was a 'Boys' Club'

Two former Goldman Sachs employees are suing the firm claiming that male workers fostered a 'boys' club' environment which involved frequent trips to strip clubs and the referring to female co-workers as "bimbos."

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