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Stock Market & Financial Investment News

News Breaks
January 2, 2013
07:35 EDTNMRNomura shelves proposed fund-raising for former Bumi assets, Telegraph says
Nomura (NMR) has canceled a planned $150M fund-raising to support the purchase of some controversial former Bumi assets by Benakat Petroleum Energy, reported The Telegraph. The companies involved in the scuttled fund-raising, and their alleged ongoing relationship to the Bakrie family, are part of an investigation into potential “financial and other irregularities” at Bumi Resources, according to the report. Reference Link
News For NMR From The Last 14 Days
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November 19, 2014
06:22 EDTNMRNomura's Europe CEO Jeremy Bennett resigns, FT reports
Jeremy Bennett, Nomura's Europe CEO, has resigned from the job after just 18 months to pursue opportunities in the charitable sector and emerging markets, a source tells the Financial Times. Yasuo Kashiwagi will become acting CEO of the unit. Reference Link
November 16, 2014
19:58 EDTNMRJapan's GDP contracts 1.6% in third quarter, WSJ says
Japan's economy has slumped into a recession in the third quarter as a sales tax increase resulted in firms cutting inventory and capital investment, says the Wall Street Journal. According to the Wall Street Journal report, Japan's real GDP in Q3 retreated 1.6% on an annualized basis against a median forecast for a 2.25% expansion. The setback in the country's growth will likely result in Prime Minster Shinzo Abe postponing a second sales tax increase, added the Wall Street Journal. Reference Link
November 14, 2014
08:18 EDTNMRNomura puts mortgage-bond traders on leave for unknown reason, Bloomberg says
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