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Rise Of China's Secondary Consumption: Key Stocks To Watch
Friday, March 21, 2025 - 2:51pm | 892The era of China's investment-led growth seems to have ended. The country's economic growth is expected to be driven by household consumption. Data released Monday showed China's retail sales growing 4.0% year-on-year in the first two months of 2025, accelerating from December's 3.7% growth. Given...
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'Mild Recession' To Hit Homebuilders, Auto Stocks In Second Half Of 2024, Analyst Says
Thursday, January 4, 2024 - 10:17am | 1070Equity markets have been in retreat so far in 2024 as investors take profits following the strong run in the fourth quarter. Sentiment has been driven by concerns that an economic slowdown could hit corporate earnings in the coming quarters. On Wednesday, early index futures trading appeared to...
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Nomura Sees Broader Market Hurdles To Delay Crypto Unit's Profitability Levels
Friday, September 8, 2023 - 3:02pm | 518Nomura (NYSE: NMR), a Japan-headquartered global financial services group, announced its cryptocurrency unit Laser Digital is likely to take a longer period to report profitability levels. This is due to many factors like shrinking volumes, narrowing activity and changing needs of...
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Rate Cut, Not Hike? You Heard It Right! Nomura Projects Fed Will Trim Rates Next Week
Tuesday, March 14, 2023 - 7:25am | 451Japan’s top brokerage Nomura has reportedly projected the Federal Reserve will cut interest rates next week and will halt quantitative tightening as policymakers evaluate financial stability risks in the wake of the Silicon Valley Bank collapse. What Happened: Nomura analysts had earlier...
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Nomura Sees India's Central Bank Hiking Rates By This Much In February
Tuesday, January 17, 2023 - 10:07am | 258On CNBC, Sonal Varma of Nomura said the Reserve Bank of India is expected to announce a "final" 25 basis point rate increase in February due to "elevated core inflation." India’s central bank has aggressively increased interest rates since May, and a rate hike...
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Why This Nomura Analyst Sees India's Growth Slowing In 2023
Thursday, December 1, 2022 - 9:23am | 184On CNBC, Sonal Varma of Nomura said India’s growth rate cycle is expected to decelerate as financial conditions have tightened and a slowdown in exports is seen. As the "catchup normalization in services is already done," the growth momentum is seen slowing down, she added. Don...
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Nomura Joins Other Big-Name Financial Players To Back Blockchain Startup Fnality
Monday, September 26, 2022 - 12:40pm | 685Tokyo-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. What Happened: After raising £50 million ($54 million) Series B funding in 2019, Fnality is in the...
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All The Stocks Bill Hwang's Archegos Capital Is Accused Of Manipulating
Thursday, April 28, 2022 - 3:55pm | 692From March 2020 through its collapse in March 2021, Archegos Capital Management, headed by Sung Kook (Bill) Hwang and partners, entered into a manipulative scheme that increased Archego’s bottom line from around $4 billion to $36 billion, according to a SEC ...
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Nomura Sees Bank Of Korea Increasing 2022 Inflation Forecast, May Prompt Hawkish Stance
Tuesday, January 25, 2022 - 9:52am | 214On CNBC, Jeong Woo Park of Nomura said that South Korea’s economic growth is expected to be balanced, with the recent GDP data showing improvement from the previous quarters. The country’s central bank was concerned about higher inflation levels at the January meeting, with the...
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Why Is This Ford Analyst Downgrading The Stock?
Tuesday, November 2, 2021 - 1:16pm | 377Ford Motor Co. (NYSE: F) recently wowed the Street with its execution and accelerated transition to electric vehicles. An analyst at Nomura, however, has turned cautious on the legacy automaker. The Ford Analyst: Anindya Das downgraded Ford from Neutral to Reduce, with a price target of $13....
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Fintech Focus For March 30, 2021
Monday, March 29, 2021 - 6:30pm | 1413Quote To Start The Day: Success usually comes to those who are too busy to be looking for it. Source: Henry David Thoreau One Big Thing In Fintech: In an effort to provide Brazilians better technology and infrastructure to access markets, Guru launched a free solution last year for accessing stock...
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Fintech Focus For August 21, 2020
Thursday, August 20, 2020 - 6:19pm | 2298Quote Of The Day: Always remember that you are absolutely unique. Just like everyone else. - Margaret Mead Fintech Movers: Insurtech startups are adding pressure to traditional insurance outfits in Asia Pacific (APAC) and beyond – both will likely need cloud adoption to survive long-term. -...
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Fintech Focus For July 3, 2020
Friday, July 3, 2020 - 9:26am | 1689Daily Perspective: Life is what happens when you're busy making other plans. - John Lennon Fintech Movers: An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The...
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Fintech Focus For June 29, 2020
Monday, June 29, 2020 - 10:17am | 1810Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...
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A Deep Dive On Coronavirus Vaccine Plays Moderna, Inovio
Monday, April 27, 2020 - 2:14pm | 1248Among the six coronavirus vaccine candidates that have entered human trials, two belong to publicly listed U.S. companies: Moderna Inc (NASDAQ: MRNA) and Inovio Pharmaceuticals Inc (NASDAQ: INO). Both stocks have rallied in reaction to updates on R&D and funding. Moderna is up...