Nomura flags potential significant loss at US unit
Nomura Holdings Inc said on Monday it discovered a case that could subject one of its U.S. units to 'a significant loss' arising from transactions ...
BookmarkTOKYO: Nomura Holdings Inc said on Monday it discovered a case that could subject one of its U.S. units to"a significant loss" arising from transactions with a U.S. client.The estimated amount of the claim against the client is approximately US$2 billion based on market prices as of March 26, the Japanese brokerage and investment bank said in a statement.
AdvertisementNomura said it is still assessing the impact of the loss on its consolidated earnings.(Reporting by Makiko Yamazaki; Editing by Christian Schmollinger) Read more: CNA »
Triad Trails: Former secret society members lead tour on Chinatown’s seedy past
SINGAPORE — Pointing to a row of shophouses along Pagoda Street leading up to Chinatown MRT Station, a heavily-tattooed man tells the group behind him that the shops used to be opium dens in the 19th century.