Goldman Sachs has agreed to pay penalties of $2.9 billion in the US for its role in Malaysia's 1MDB scandal, which saw the investment bank siphon billions of dollars out of an economic development fund set up by the Malaysian government. Also, America's largest retailer Walmart is suing the US government over the opioid crisis, and the UK signs its first post-Brexit bilateral trade deal – with Japan. Finally, we see how the toy industry has benefited from the Covid-19 pandemic.

Goldman's Malaysia unit pleaded guilty in a US court for violations of American bribery law. It's the largest fine ever in a US corruption case. The parent company pleaded not guilty.

Masaru Sugiyama, an analyst at Goldman Sachs, talks about the prospects for esports. He spoke on August 17 with Rishaad Salamat on "Bloomberg Markets: Asia."