The Latest Breaking News from Nomura

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

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

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.

Bloomberg

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.

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.

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…

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.