Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said.» Read More
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...
Asian stocks mostly advanced on Thursday despite data showing China's factory activity at a one-year low.
TOKYO, Apr 21- Japan's Nikkei becnhmark stock index closed 0.3. percent higher, having touched a 15- year intra-day high in morning trade, as investors bought large-cap and securities shares seen as undervalued and presenting strong earnings prospects. The Nikkei ended at 20,187.65, and off an the early high of 20,252.12. Japan Tobacco Inc soared 5.3 percent,...
*NTT Docomo hits 11- year high. TOKYO, Apr 23- Japanese stocks rose on Thursday as investors sought to pick up stock seen as undervalued and presenting positive earnings prospects, with the likes of Nomura Holdings and large cap Japan Tobacco surging on strong demand. Large-cap Japan Tobacco Inc was Tokyo's biggest gainer, climbing 4.8 percent.
Asian stocks traded higher across the board on Wednesday, with bourses in Japan and Shanghai closing at new multi-year highs.
*Next target for Nikkei seen at April 2000 peak around 20,830. TOKYO, April 22- Japanese shares rose to fresh 15- year highs on Wednesday as foreign investors snatched up financials and other large cap shares, believing them to be undervalued. Nomura Holdings rose 4.1 percent while Daiwa Securities Group gained 3.9 percent.
Even brands that are part of our cultural landscape cannot withstand the test of time. Here's some that vanished over the last 25 years.