Bloomberg Goldman Sachs Group Inc. led US banks plowing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its $50 trillion financial market. The bank’s “cross currency outstandings” rose 33% to $17.5 billion last year in China, covering a broad array of cash and financing to companies and government entities, ...

Bloomberg HSBC Holdings Plc’s main Hong Kong office was closed until further notice after three people working in the building tested positive for Covid-19 amid a renewed wave of infections among the city’s business and expatriate community. The Center for Health Protection has published a formal notice requiring visitors who stayed at the building for more than two hours between ...

Bloomberg DBS Group Holdings Ltd.’s private bank raised more than S$1.6 billion ($1.2 billion) from two in-house products, including a new one targeting sustainable investing. The Barbell Income Fund, which invests in stocks, bonds and cash, drew about S$970 million in less than six weeks after introduction, Southeast Asia’s largest bank said in an emailed release. The other product based ...