Goldman Sachs is scaling back its role as a lead market maker for exchange-traded funds

Relatively high regulatory and other costs of operating as an LMM prompted the pullback by Goldman, one of the few large banks remaining in that role, some people said. A spokeswoman for Goldman declined to comment on the bank’s market-making business. The move...

Foreign investors are cashing in on an emerging market with a booming currency

Things are looking up for Malaysia, with more foreign investors cashing in on the country’s improving economy and strengthening currency, market participants told CNBC on Tuesday. The Malaysian ringgit has been one of the best-performing currencies in the region...