March 8 (Reuters) - UK's Jupiter Asset Management is considering offloading 1 billion pounds ($1.28 billion) of its funds as one of its star managers prepares to leave the firm later this year, the Financial Times reported on Friday. David Lewis, a manager of Jupiter's Merlin portfolio said during an investor roadshow this week that the firm was considering pulling...

March 8 (Reuters) - Goldman Sachs Group Inc ( GS ) is exiting transaction banking in Japan, Bloomberg News reported on Friday. We are closing Goldman Sachs Bank USA Tokyo Branch whose sole function was to support transaction banking in this market. a Goldman Sachs ( GS ) spokesperson told Bloomberg in an emailed statement. ...

HONG KONG, March 8 (Reuters) - Lingxi Games, Alibaba Group's ( BABA ) video games arm, has told staff its leadership team will step down to make way for younger management, according to an internal memo. Since last year, Alibaba ( BABA ) has focused on promoting younger people born after 1985 to management teams - a strategy it says...

SYDNEY, March 6 (Reuters) - BYD and other Chinese automakers are bringing new electric car models in droves to Australia, a market where they haven't faced trade barriers and sales have surged due to EV subsidies and tax benefits as well as high gasoline prices. Since coming to power in 2022, Prime Minister Anthony Albanese's government has aggressively promoted EV...