China, Goldman Sachs
Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy
Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, close to officials' target of around 5% growth.
Goldman Sachs raises China's GDP forecast to 4.9% in 2024
Goldman Sachs raised China's gross domestic product forecast to 4.9% from 4.7% for 2024, according to a research note, citing the government's latest round of stimulus measures. The move "clearly indicates that policymakers have made a turn on cyclical policy management and increased their focus on the economy,
Goldman Sachs Upgrades China Growth Forecasts on Latest Stimulus
Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures to shore up growth, including plans for greater public spending announced over the weekend.
Goldman Sachs raises China economic growth forecasts
NEW YORK - Goldman Sachs on Sunday lifted its forecasts on China's economic growth for 2024 and 2025 on the grounds of the country's recent pro-growth measures. China's gross domestic products (GDP) would expand by 4.9 percent in 2024, up from an earlier forecast of 4.7 percent, according to a report by the investment bank.
Goldman lifts outlook on China's economy on stimulus efforts
Goldman Sachs upgrades its growth forecast for China’s economy for 2024 and 2025 amid the Chinese central bank’s stimulus efforts. Following the latest update on stimulus policy, the CSI 300 Index (000300.
Goldman upgrades China growth forecasts on latest stimulus
It warned that China’s structural challenges remain and maintained its forecasts for 2026 and beyond. Read more at straitstimes.com.
Goldman Sachs Raises China Growth Outlook Amid New Stimulus Measures
Goldman Sachs Group Inc. upgraded its forecasts for China's economic growth in 2024 and 2025 following new government measures to boost the economy. The upgrade comes after Beijing announced plans for greater public spending and fiscal support.
China growth forecast upgraded at Goldman Sachs amid stimulus efforts
Goldman Sachs upgraded its China growth forecast, citing recent stimulus efforts. But another large package is needed when it comes to reviving the world's second-largest economy.
Jim Cramer on The Goldman Sachs Group, Inc. (GS): ‘I Think It’s Going To Blow Away The Numbers And The Stock Goes higher’
We recently compiled a list of the Jim Cramer is Talking About These 14 Stocks Before Earnings. In this article, we are going ...
China Market Update: What The Media Got Wrong About The MoF Press Conference
Asian equities were largely higher despite a stronger US dollar overnight, except for Hong Kong, which was off while Japan ...
Pets in China are earning ‘snack money’ in cafes as their owners send them to work
Chinese pet owners are sending their furry friends to work in cafes amid an explosion of venues in China offering animal ...
Mobius Joins Goldman Bet on China Boost for EM Equities
Emerging-market equities will be boosted by stimulus measures in China thanks to the country’s large weightings in indices ...
AMERICAS Tech, banks spark new US records as China relapses
U.S. crude slid as much as $4 to near two-week lows below $70 per barrel on the back of a weaker global demand outlook due to ...
Goldman Sachs’s Wall Street Businesses Gain Steam, Sending Profit Up 45%
The bank posted strong growth in investment banking and asset and wealth management.
China's September Credit Activity Beats Forecasts
Credit growth remains in year-on-year contraction, but recent rate cuts and other stimulus should encourage recovery in the months ahead. Click to read.
Stock market today: S&P 500 hits another record close as rally presses on amid earnings
The S&P 500 enjoyed its 46th record close of the year on Monday. Investors are awaiting a deluge of third-quarter earnings ...