Goldman Sachs Posts Net Loss In Asia

Goldman Sachs Group Inc

said in a filing to the US stock exchange hat it had posted a net loss in Asia for the year ended December 2011. GS posted a net loss of $103 million in Asia. Goldman posted a loss of $517 million from its investment in ICBC. Goldman Sachs' revenue from Asia dropped to $3.86 billion in 2011, versus $7.15 billion the year-ago period. Goldman Sachs shares gained 0.19% to $118.85 in after-hours trading.