One year after Thailand's coup, politics may have stabilized, but investors are cautious amid doubts over when the military junta might relinquish power.» Read More
*Askul soars on share buyback, tie-up with Yahoo Japan. TOKYO, May 20- Japan's Nikkei share average rose to a near one-month high on Wednesday morning after better-than-expected economic growth buoyed sentiment, while Takata Corp tumbled after doubling a recall of air bags in the United States. "Headlines are nice, but if you look at the content carefully, there are...
NEW YORK, May 15- A U.S. judge on Friday ordered Nomura Holdings Inc and Royal Bank of Scotland Group Plc to pay a collective $806 million for making false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac. Under the order, Fannie Mae will receive $26.6 million while Freddie Mac will be paid $779.4 million by the two firms.
NEW YORK, May 15- A U.S. judge on Friday ordered Nomura Holdings Inc and Royal Bank of Scotland Group Plc to pay a collective $806 million for making false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac.
A second bailout in three years will give Sharp some breathing space, but analysts warn the company may not be out of the woods just yet.
Japan's big trading houses, stung by writedowns, plan to step up asset sales and cut investment spending by up to $10 billion over the next three years.
NEW YORK, May 12- A U.S. judge's ruling that Nomura Holdings Inc and Royal Bank of Scotland Group Plc made false statements selling mortgage-backed securities to Fannie Mae and Freddie Mac could result in a judgment exceeding $805 million, a U.S. regulator's lawyer said on Tuesday. Philippe Selendy, a lawyer for the Federal Housing Finance Agency, gave his...
Nomura Holdings, Royal Bank of Scotland mortgage bonds contained misrepresentations in 2008, says judge. New York Times reports.
Amid a sharp selloff in the bond market, players in Europe's low-yielding papers have gotten their fingers burned, big time.
A U.S. judge ruled that Nomura made false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac ahead of the 2008 crisis.
NEW YORK, May 11- A U.S. judge on Monday ruled that Nomura Holdings Inc made false statements in selling mortgage-backed securities to Fannie Mae and Freddie Mac ahead of the 2008 financial crisis. District Judge Denise Cote in Manhattan ruled for the Federal Housing Finance Agency, the conservator for Fannie Mae and Freddie Mac, in a ruling that could allow the...
NEW YORK, May 11- A federal judge on Monday ruled that Nomura Holdings Inc misled Fannie Mae and Freddie Mac by making false statements about the quality of mortgages that backed securities it sold. District Judge Denise Cote in Manhattan ruled in favor of the Federal Housing Finance Agency, the conservator for Fannie Mae and Freddie Mac, following a non-jury...
Toyota may be set to post another record profit, but will Japan’s biggest car company will hike payouts to shareholders?
The euro hit a ten-week peak, tracking European bond yields higher and benefiting from a sell-off in the dollar after weak U.S. jobs data
May 6- Stock market operator Chi-X Global Holdings, owned by Nomura Holdings Inc and other banks, is exploring a sale that could fetch as much as $400 million, a person familiar with the matter said. Chi-X is working with investment bank Moelis& Co to find potential suitors, according to the person. JPMorgan Chase& Co, Bank of America Corp, UBS Group AG, and Goldman Sachs...
WTI closed up 1.79 percent, helped by a weaker dollar and bets that a supply glut would ease.
Japan’s earnings season is swinging into full gear, and the strong performance by major companies is expected to continue into the next year.
China shares have surged this year, but with active fund managers still underexposed to the market, the rally isn't over, Goldman Sachs said.
India's strong rupee has caused the country's worst export performance since 2009, an early setback to Prime Minister Modi's 'Make in India' campaign.
Asian stocks traded mixed on Friday as investors took profits after the recent run-up and as earnings season gets underway in some parts of the region.
TOKYO, April 24- Japan's Nikkei share average looked poised to snap a three-day winning streak on Friday as investors took profits, although energy-related shares outperformed on a rise in crude oil prices and brokers were in favor on strong earnings prospects. "Since the index has risen too fast, a short-term correction is likely," said Hikaru Sato, a senior...