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The Latest Breaking News from Nomura

Beijing shuts parks, Shanghai tightens entry as China COVID cases rise

Beijing shut parks and museums on Tuesday and Shanghai tightened rules for people entering the city as Chinese authorities grapple with a spike in COVID-19 cases that has deepened concern about the economy and dimmed hopes for a quick reopening.

Reuters

Violent anti-lockdown riots break out in Chinese city of 15million as Covid spreads

Guangzhou in China has had the largest new outbreak of Covid-19 with new infections exceeding 5,000 for the first time - fuelling speculation that officials could roll out more lockdowns

Daily Mirror

Woman dragged to quarantine camp by hazmat-suited officials in China's zero-Covid regime

The distressing footage was believed to have been taken in China last month and shows one woman being dragged along the floor by two officials - terrified screams and shrieks can be heard

Daily Mirror

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China puts 210m people into lockdown after two 'highly contagious’ Covid strains emerge

China has reported a third straight day of more than 1,000 cases and Leader Xi Jinping has swung his zero-Covid policy into action with 208 million people currently living under lockdown

Daily Mirror

China ramps up lockdowns, Covid restrictions across country

BEIJING: Investors hoped China would ease its stringent Covid Zero strategy once the pivotal Communist Party congress cemented President Xi Jinping’s grip on power. Instead, the opposite seems to be happening.

The Times of India

Nomura Joins Other Big-Name Financial Players To Back Blockchain Startup Fnality

Tokyo-based bank Nomura Holdings Inc. (NYSE: NMR) has invested in Fnality, a blockchain-based interbank payment and settlement network that is now sponsored by 17 major financial institutions.

Benzinga

Nasdaq Jumps Into Crypto

Happy Friday Everyone! 👋 With macro firmly in the driver’s seat for the time being, we’re keeping an eye on everything happening “off the field”.

Benzinga

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3 Stocks to Sell as Investors Brace for More Fed Tightening

Concerns about skyrocketing inflation, the Federal Reserve's hawkish stance to tame it, and the prospect of a recession have driven recent market selloffs. As the Fed is expected to keep raising interest rates to bring inflation down to its target level, fundamentally weak stocks Peloton Interactive (PTON), Revolve Group (RVLV),…

StockNews.com

Alibaba, Other Hong Kong Stocks Show Optimism In Early Trade Even As Analysts Downgrade China Growth Projections

Hong Kong’s Hang Seng index opened in the green on Friday, gaining 0.12% in opening trade, following a muted session on Wall Street. Investors also digested macro news from Japan where the headline inflation rose to 2.6% in July as compared to 2.4% in June.

Benzinga

Bidding for spectrum, including 5G airwaves, to begin this week

Reliance Jio, Adani Data Networks, Bharti Airtel and Vodafone Idea to participate in the auction set to begin on July 26, at which analysts do not foresee any aggressive bidding due to the abundancy of spectrum and the limited number of participants

The Hindu

Dark clouds on the horizon

The drumbeat warning of recession is getting louder and more frequent, based on reports from the US and other major economies.

Bangkok Post

Europe at risk of recession amid concerns Russia could cut gas supplies

Energy prices had already surged in second half of 2021 but Russia’s invasion of Ukraine has exacerbated this

The Guardian - UK

Bank of Ayudhya buys Nomura's Thai securities unit for $155m

Thailand's Bank of Ayudhya Plc (BAY) announced in a filing on Thursday it would acquire Nomura's securities unit in Thailand for US$155.3 million (5 billion baht).

Bangkok Post

Goldman, Nomura see Thailand embarking on rate-hike cycle

The Bank of Thailand (BoT) is set to raise rates from August to quell persistently high inflation, according to analysts, ending a three-year long easy monetary policy stance to shield the Covid-19 pandemic-hit economy.

Bangkok Post

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Benzinga

Nomura Forays Into Metaverse To Tap Opportunities That Could Reach $600B By End Of Decade

Japan's leading brokerage Nomura Holdings Inc (NYSE:NMR), built a team to help firms tap opportunities in the metaverse, Bloomberg reports. Nomura joins rival Wall Street giants in exploring opportunities in the virtual reality market that could reach $600 billion by the end of the decade, Bloomberg wrote. Nomura's plans for the metaverse are…

Benzinga

Japan's Nomura Launches Its First Bitcoin Derives Amid Crypto Crash

Japanese financial services company Nomura Holdings Inc (NYSE: NMR) has started offering Bitcoin derivatives to its institutional clients due to high demand.

Bangkok Post

China travel, tourism 'unlikely to improve materially' as coronavirus curbs hit Labour Day holiday

HONG KONG: Travel and tourism spending plunged during China's Labour Day holiday due to coronavirus lockdowns and restrictions rolled out across the country, with the "situation unlikely to improve materially in May", analysts said.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, May 3

Bloomberg

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Benzinga

Amid SEC Suit, Former Nomura Trader Admits Lying to Clients

A former Nomura Holdings Inc (NYSE: NMR) senior trader admitted lying to clients about bond prices but said it was a common practice and never impacted clients’ investment decisions.

Reuters

Factbox-China's zero-COVID policy in numbers

China is facing the biggest test yet of its draconian approach to COVID-19, with a lockdown for most people in Shanghai for more than a month crippling the commercial capital and Beijing scrambling to contain an outbreak and avert a similar crisis.

Benzinga

Wall Street Banks Slash Chinese Companies' Profit Forecasts - Read Why

Some Wall Street banks slashed their profit estimates for Chinese companies, citing the recent Covid resurgence and subsequent lockdowns, Bloomberg reports. China's Covid Zero policy has dealt a heavy blow to the economy, as stringent restrictions pressure supply chains and chill consumption. A week-long lockdown that shut down much of Shanghai…

Bangkok Post

Lockdowns affecting 373 million Chinese

About 373 million people in 45 cities across China have come under some form of lockdown due to a surge in coronavirus cases, according to estimates by a Nomura International analysts in Hong Kong.

The Independent UK

Anti-virus shutdowns in China spread as infections rise

Anti-virus controls are shutting down some of China’s biggest cities and fueling public irritation as infections rise

Benzinga

Nio Has Not Completely Halted Production As Widely Believed: Report

Nio Inc’s (NYSE: NIO) production lines are partially running over weekdays and completely halted only on weekends due to supply snarls, CnEVpost reported on Wednesday.&nbs

Input

‘Kingdom Hearts 4’ is real and it can hurt you

After we waited a decade for the conclusion to Sora's story, director Tetsuya Nomura has decided to start a new one with Kingdom Hearts 4.

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