(Reuters) - Goldman Sachs Group Inc reported an 11 percent drop in first-quarter profit on Thursday as client activity remained constrained and fixed-income revenue shrank.
(Reuters) - Morgan Stanley reported a 55 percent jump in first-quarter earnings as higher revenue from the bank's institutional securities business augmented another strong quarter from wealth management.
Asian share markets crept higher on Thursday as dovish comments from the head of the US Federal Reserve lifted Wall Street while weighing on the dollar, with trade light heading into the Easter holidays.
Demand for cars in Europe moved up another gear in March but the market is still suffering badly from a recent slump. Sales of new cars in the European Union surged by 10.6pc last month on a 12-month comparison to a total of 1.45 million.
TOKYO--The Bank of Japan stuck to its bullish view of the economy Thursday, saying a decline in consumption following a rise in the sales tax at the start of April has been within expectations.