Japan’s Nomura Slumps as Legacy Transaction Charge Hit Quarterly Profit
Shares in Nomura Holdings fell almost 8% on Monday, its biggest daily decline since March, after the Japanese brokerage reported worse-than-expected earnings due to a loss from transactions completed more than a decade ago. …
Joe Biden Faces a More Skeptical Global Audience at His First G20 as President
Rome (CNN)President Joe Biden will face a more skeptical global audience than his first day in Rome when he attends the Group of 20 Summit, …
PRECIOUS-Gold Poised For Weekly Gain As U.S. Bond Yields, Dollar Slip
Gold was set for a third straight weekly gain on Friday as weaker U.S. bond yields and dollar bolstered its appeal, with investors focussing on how the Federal Reserve responds to higher inflation and concerns over tepid economic growth. …
Delta Variant Likely Slammed Brakes on U.s. Economic Growth in Third Quarter
The U.S. economy likely grew at its slowest pace in more than a year in the third quarter as COVID-19 infections flared up, …
Update 1-Santander’s Q3 Net Profit Rises 24% Y/y on U.s. and Uk Markets
Spain’s Santander on Wednesday said its net profit in the third quarter rose 24% against the same period of last year thanks to lower loan loss provisions …
Stocks rally in Asia, China property sector worries dampen sentiment
Asian stocks largely rallied on Tuesday, following Wall Street’s record highs overnight, though fresh worries about China’s property sector weighed on investors’ sentiments. …
HSBC Says It Will Buy Back $2 Billion in Stock as Profit Jumps
HSBC Chief Executive Noel Quinn said in a statement. That, along with the group’s “strong capital position,” …
Analysis-China’s Silence on Yuan’s Swift Gains Keeps Markets Buzzing
As Chinas yuan climbs rapidly to its strongest levels in six years against the currencies of the country’s trading partners, …
Norway’s Autostore Valued at $12 Bln, Country’s Biggest Ipo in Two Decades
Norwegian robotics firm AutoStore said on Wednesday it had priced its initial public offering (IPO) at 31 Norwegian crowns per share, …
Indian Stocks Rise on It, Financial Boost
Indian Stocks rose on Tuesday to hit another record high, led by gains in information technology and financial stocks, …