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Nomura Holdings Inc

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  • His testimony came as the defense sought to show that any losses Fannie Mae and Freddie Mac suffered on the $2 billion in securities at issue were caused not by any false statements the banks made but by the collapse in the housing market. Mudd, who left Fannie Mae in 2008 following its government takeover, told a lawyer for Nomura that macroeconomic factors,...

  • But a U.S. regulator cited the email as evidence that Nomura Holdings Inc and RBS made false statements about mortgage securities they sold to Fannie Mae and Freddie Mac. The FHFA's case is the first to reach trial out of 18 lawsuits the regulator filed in 2011 over some $200 billion in mortgage-backed securities that various banks sold Fannie Mae and Freddie...

  • HONG KONG, March 25- When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business two years ago, a local upstart investment bank stepped in to help it raise the funds from social networking giant Tencent Holdings Ltd.. Didi tapped Bao to put together the deal, sidestepping Wall Street heavyweights like Goldman Sachs and Morgan...

  • Will China’s slowdown derail reforms? Wednesday, 18 Mar 2015 | 6:45 PM ET
    A child holds a Chinese national flag at Tiananmen Square in Beijing, China.

    China's economic slowdown has pushed policy makers toward stimulus measures, spurring concerns over whether long-sought reforms may falter.

  • Game on: Nintendo stock soars on mobile move Wednesday, 18 Mar 2015 | 4:51 AM ET

    Shares in Nintendo powered up on the news the gaming company is into smartphone games.

  • NEW YORK, March 16- A U.S. housing regulator urged a federal judge on Monday to award it $1.1 billion due to false claims made about "crap" mortgages underlying securities sold by Nomura Holdings Inc to Fannie Mae and Freddie Mac ahead of the 2008 financial crisis. At the start of a trial in Manhattan federal court, a lawyer for the Federal Housing Finance Agency said...

  • NEW YORK, March 13- A U.S. housing regulator is set to take two of the world's biggest banks to trial on Monday to try and recoup more than $1 billion in damages over mortgage bonds sold to government-run mortgage finance companies ahead of the 2008 economic crisis. Lawyers for the regulator will face off with attorneys of Nomura Holdings Inc and Royal Bank of...

  • Dollar rally stalls, euro climbs from 12-year low Thursday, 12 Mar 2015 | 3:21 PM ET

    The euro extended gains against the dollar after surprisingly weak February retail sales data, recovering from an earlier 12-year low in Asian trade.

  • March 11- A bond trader pleaded guilty on Wednesday to conspiring to defraud Royal Bank of Scotland Group Plc customers by lying about the prices of bond transactions he handled for them in an effort to boost the bank's profit. Matthew Katke, 34, of New York, pleaded guilty to one count of conspiracy to commit securities fraud and will cooperate with prosecutors,...

  • Goldman profits in danger thanks to stress tests Monday, 9 Mar 2015 | 7:47 AM ET
    A Goldman Sachs sign hangs on the floor of the New York Stock Exchange.

    Goldman Sachs may lose an important engine of profitability amid the latest bank stress test, the New York Times reports.

  • Did the ECB quash the negative-yield trade? Friday, 6 Mar 2015 | 12:57 AM ET
    A trader speaks on the phone in front of the index board in Frankfurt, Germany.

    Negative-yield bonds – or paying to lend money – have provided surprising profits, but the trade faces headwinds from Europe’s QE foray.

  • Why this top-performing currency may falter Thursday, 5 Mar 2015 | 5:54 PM ET

    The Thai baht has surprised by becoming a top-performing currency over the past year despite political turmoil, but that may change, analysts say.

  • Time to get bullish on emerging markets Monday, 2 Mar 2015 | 5:50 PM ET

    Following a poor performance in December, emerging market (EM) assets look undervalued and could draw investor interest again, analysts say.

  • Finally, Tokyo land prices to nudge higher Monday, 23 Feb 2015 | 5:31 PM ET

    Land prices in Japan have been falling since its asset bubble burst in the 1990s, but analysts are optimistic as prices finally look set to rise.

  • Japan pines for Australia’s yields Sunday, 22 Feb 2015 | 5:58 PM ET
    Passers-by are reflected on an electronic board showing Japan's Nikkei stock average and the Japanese yen's exchange rate against the U.S. dollar (top) at a brokerage in Tokyo, November 17, 2014.

    Japan's perennially low yields will keep the country's conservative bond investors lusting after Australia's safe and stable bonds, analysts said.

  • *Fanuc to spend $844 million on new plant. TOKYO, Feb 16- Japanese industrial robot maker Fanuc Corp on Monday said it would double its planned investment in a new factory, a week after hedge fund Third Point called on the firm to use its cash pile to boost shareholder returns by buying back shares. The cash-rich company said its decision to spend 100 billion yen on...

  • Korean Air heiress found guilty in ‘nut rage’ case Thursday, 12 Feb 2015 | 6:37 PM ET
    Former Korean Air Lines Vice President Cho Hyun-Ah, center, leaves the Seoul western prosecutors' office as she is transferred to a detention house on December 30, 2014 in Seoul, South Korea.

    Korean Air executive Cho Hyun-ah was found guilty in a Seoul court of violating aviation safety rules.

  • Amid slump, Samsung needs more foreign customers Monday, 9 Feb 2015 | 6:27 PM ET

    Amid mobile sales slump, Samsung's components businesses are under pressure to secure external customers for chips and display panels.

  • Instead of research reports, news and data coming from different touch points- email, the web, or proprietary systems like those offered by Thomson Reuters Corp and Bloomberg LP- they would instead flow into one central hub. It would be funded from the $66 million Symphony received in capital from a group of Wall Street banks led by Goldman Sachs Group Inc in...

  • SHANGHAI, Feb 5- China stocks shot up more than 2 percent on Thursday after the central bank eased policy in an attempt to combat an economic slowdown and ward off deflation, but profit taking pared gains by midday. The move by the People's Bank of China to cut reserve ratio requirements for banks had been widely expected before the long Lunar New Year holidays in...