NMR - NOMURA HLDGS （）

Glenmark Pharmaceuticals, incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 12152.98 Crore) operating in Pharmaceuticals sector.

"For manufacturing, next year is going to be quite tricky because the export engine is likely to be hit quite a lot especially in the first half. As far as services is concerned, the reopening theme is coming to an end and the reopening boost that we have got in the previous quarter and the quarter before that is going to ebb now."

CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns. Nomura Holding’s chief executive officer sees a $1b in possible revenue boost from a deeper push … Read Full Story at source (may require registration) The post Nomura eyes $1b potential revenue boost from equities, wealth: report appeared first on ForexTV .

Nomura Holdings Inc''s U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank''s earnings in the past, Chief Executive Officer Kentaro Okuda said.

TOKYO : Nomura Holdings Inc''s U.S. wholesale business has emerged as a profit driver despite some large one-off losses in the region that had dragged down the bank''s earnings in the past, Chief Executive Officer Kentaro Okuda said."The basic earnings power and cost structure of our overseas wholesale busi

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Nomura Holdings, Inc (NMR) reported that its first-half net income to shareholders was 18.5 billion yen, down 64 percent from prior year. Net income per share …

By Makiko Yamazaki TOKYO (Reuters) – Nomura Holdings Inc, Japan’s top brokerage and investment bank, on Wednesday reported a modest level of profit for the second quarter as fears of a global recession weighed on its asset management and investment banking divisions.

TOKYO : Nomura Holdings Inc, Japan''s top brokerage and investment bank, on Wednesday reported a modest level of profit for the second quarter as fears of a global recession weighed on its asset management and investment banking divisions.July-September profit came in at 16.8 billion yen ($113.9 million).

US FCC Commissioner Brendan Carr to visit Taiwan November 2 -4 BOJ Kuroda says weakening yen negative for Japan''s economy Nomura looking for USD/yuan to 7.5 by the end of November China EV maker NIO says its halted production at two factories due to COVID restrictions China securities official says opening markets is good for China BOJ Kuroda says don''t think USD strength will last indefinitely Japan fin min Suzuki: desirable for FX to move stably, stable yen weakening also s problem PBoC Governor Yi says China that inflation remains subdued More from BOJ Kuroda - recent yen weakness excessive, one-sided, undesirable PBOC sets USD/ CNY central rate at 7.2197 (vs. estimate at 7.2344) BOJ Kuroda: Inflation impact from rising import prices likely to start diminishing in 2023 USD/JPY drops swiftly from 148 Australian data - September Building permits -5.8% m/m (expected -7%) PBOC is expected to set the USD/CNY reference rate at 7.2344 – Reuters estimate BoC Macklem, more: Will be a difficult move to 2% inflation, don''t want to minimize Japan finance minister Suzuki says FX rates are set by the market North Korea fires another ballistic missile - reports from various sources BOJ Sep meeting minutes - concerns weak yen could hurt households, small firms, services Oil inventory data showed a large draw (even with SPR) - oil up CAD is barely responding to Bank of Canada Governor Macklem comments South Korea inflation data for October.

There is resistance to overcome around 7.35. I posted yesterday on likely state bank intervention at that level. So far, so good: Nomura forecast 7.5 by end-November. Analysts at the bank also warn of PBOC intervention. Nomura say that intervention from the State Administration of Foreign Exchange is unlikely, it''ll be conducted via state-owned commercial banks. State owned banks are estimated to have around USD630bn in foreign exchange holdings to help fund such action. '' This article was written by Eamonn Sheridan at forexlive.com.

Nomura Now Forecasts Global Recession As Its Base Case Less than two weeks after Nomura became the first bank to one-up Deutsche Bank''s " US recession" base case , by forecasting a contraction in the US economy in late 2022 (unlike DB''s 2023 prediction), coupled with a sharp Fed pivot and rate cuts all the way back to zero… ... on Friday morning the Japanese bank broke new ground, when its economists published a new "anchor report" (available to professional subs ) in which in addition to the US, they now expect recessions in the euro area, UK, Japan, South Korea, Australia and Canada. Here are some excerpts from the 39-page report: Several mid-sized economies, including Australia, Canada and South Korea, have had debt-fueled housing booms and are at risk of deeper-than-forecast recessions if interest rate hikes trigger housing busts and deleveraging. The odd one out is China, which is recovering from recession as the economy unlocks amid accommodative policies, though it is at risk of renewed lockdowns and another recession, so long as Beijing sticks to its zero-Covid strategy.

https://www.investing.com/news/stock-market-news/nomura-downgrades-ev-maker-xpeng-to-neutral-prefers-byd-and-li-auto-over-nio-432SI-2843145

Market Starting Down The Abyss Of Contraction Two days ago Nomura''s Charlie McElligott laid out the market''s pernicious recession/non-recession feedback loop as well as the conditions tracked by traders to gauge if the "all-clear" has arrived, to wit: A flush down to 3300-3400 is the perceived “all-clear” on the valuation case for Equities, with the whole world seemingly bid “out loud” down there for size, which means it either, i) it doesn’t happen and we don’t trade low enough, or conversely, or ii) we do trade down there, but the supposed size demand doesn’t materialize, and we get the puke through 3k. Today, McElligott doubles down with some "gory details" on how the quad diagram shows the economy careening into contraction (more below) starting with European inflation which continues its escalation, perversely increasing the likelihood of an “accident” there against a still-toiling ECB who risks a “catch-up” hiking spasm into a hard recession—and accordingly EUR Credit markets are staring into the abyss, with Xover earlier printing through 600bps for the first time since “peak COVID” stress Well, as we have been saying for months, Charlie notes that the market “gets the joke” on Central Banks being incapable of address “supply side” issues — so they pull the only lever they have on the “demand” side, hence “Recession” gap-risk repricing hard and fast.

Thailand''s Bank of Ayudhya (BKAHF) (BKAYY), a unit owned by Mitsubishi UFJ Financial Group (MUFG) (MBFJF), was said to acquire a 99% stake in Capital Nomura Securities, the Thai unit…

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).