Nomura Holding News

Nomura Holdings Inc., Japan's largest securities firm, said it plans to increase fixed-income sales staff in Asia, the Americas and Europe even as it continues to cut costs.

An Italian magistrate suspended a director of Banca Monte dei Paschi di Siena SpA, the world's oldest bank, after prosecutors accused him of abusing privileged information.

Japan's largest brokerage firm Nomura Holdings Inc said on Wednesday it was seeking partners to expand its retail and asset management operations in Southeast Asia and was in talks with several financial institutions in the region.

Japan's Nomura Holdings Inc said on Wednesday that it had raised its target for retail client assets to 100 trillion yen by March 2016 after clearing the previous target of 90 trillion yen last month amid a sharp rally in Japanese stocks.

** Oslo-listed oil services company Archer has agreed to sell its North American Rental and Tubular division to an affiliate of the Clearlake Capital Group for $244 million, it said on Wednesday.

China's new-home prices rose last month in 68 of 70 cities tracked by the government, indicating Premier Li Keqiang will need to maintain efforts to cool the property market even as economic growth slows.

No economic conversation has captured the public's eye quite like the explosion of national debt.

JP Morgan Chase & Co on Wednesday joined an increasing number of foreign institutions that have lowered their expectations for China's economic growth due to the country's worse-than-expected economic data in April.

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Traders said that the index may end in negative territory on Tuesday as investors could pocket profits from the recent gains, but losses should be limited by optimism from the weak-yen trend.

Tokyo Electric Power Co. led a surge in Japanese power company shares after Nomura Holdings Inc.

Japanese and Australian stock futures rose after a report showed U.S. retail sales unexpectedly advanced in April, buoying the earnings outlook for Asian exporters.

Nomura Holdings Inc. , Japan 's biggest brokerage, climbed to the highest level since November 2008 as securities firms rallied on expectations that they will continue to profit from the country's stock market rebound.

Canada 's dollar fell for the first time in three weeks against its U.S. counterpart as commodity prices weakened and the quickening pace of the American economy overshadowed the nation's recovery.

Takeda Pharmaceutical Co. , Asia 's largest drugmaker, fell the most in more than four years in Tokyo trading after full-year operating profit missed its own forecast and analyst estimates.

Nomura Holdings Inc. has begun sounding out potential buyers for the unit, known as GE Capital Insurance, which provides consumer credit insurance to around 3 million customers throughout Australia and New Zealand.

The analysts wrote, "Nomura Holdings has been upgraded by TheStreet Ratings from sell to hold.

By the midday break, the Nikkei was up 0.7 percent to 14,381.99, nearing Wednesday's intraday peak of 14,421.38, its highest level since June 2008.

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com Rising equity-trading volumes are lifting the fortunes of Asia's brokers, including many ... (more)

Bank of Japan Governor Haruhiko Kuroda's stimulus policies are backfiring in the housing market, where mortgage rates are rising even as the central bank floods the financial system with cash.