Nomura’s Japan Corporate Bond Market Rank Slips After Probe
  • December 2, 2024

Nomura’s Japan Corporate Bond Market Rank Slips After Probe

(Bloomberg) -- Nomura Holdings Inc.’s ranking in the corporate bond market remains under pressure after its reputation was hit by a market manipulation scandal at a time of greater scrutiny of governance breaches in Japan.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionJapan’s biggest brokerage saw its position fall to sixth place in November and its market share shrink to 2.1%, the latest data co

Chinese recycling firm Carbon Zero aims to replicate success overseas after Nasdaq IPO
  • December 2, 2024

Chinese recycling firm Carbon Zero aims to replicate success overseas after Nasdaq IPO

Shenzhen-based recycling firm Carbon Zero Technologies International, which is eyeing a US listing, is aiming to replicate its success in mainland China globally despite geopolitical uncertainties, according to its founder. Carbon Zero, founded in 2016, operates an online platform that dispatches recycling orders from individuals, retail outlets and consumer brands to its recycling personnel. With thousands of physical sorting centres across China, the company then sells recycled items to disman

Stocks Kick Off Final Month of 2024 at Record High: Markets Wrap
  • December 2, 2024

Stocks Kick Off Final Month of 2024 at Record High: Markets Wrap

(Bloomberg) -- A rally in the world’s largest technology companies drove stocks to fresh all-time highs, with Wall Street traders bracing for a barrage of economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe S&P 500 notched its 54th closing record this year in a “narrow” advance that saw just

UK Faces Calls From Traders to End Pre-Market Data Releases
  • December 2, 2024

UK Faces Calls From Traders to End Pre-Market Data Releases

(Bloomberg) -- The UK is expected to decide early in the new year whether it will continue to release key economic data before financial markets open, a practice that investors say spurs volatility that also feeds through to the real economy. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe statistics regulator said it will share its verdict early in 2025 after considering evidence from the Off

Rakuten Plans Return to Dollar Bond Market With Hybrid Notes
  • December 2, 2024

Rakuten Plans Return to Dollar Bond Market With Hybrid Notes

(Bloomberg) -- Rakuten Group Inc. hired banks for a $500 million bond sale at a time when high-yield dollar note funding costs are near 17-year lows.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe Japanese e-commerce firm is considering the sale of hybrid perpetual notes that can be called after five years, according to a person fami

Hedge Fund All-or-Nothing Trades Gain Traction in Options Market
  • December 2, 2024

Hedge Fund All-or-Nothing Trades Gain Traction in Options Market

(Bloomberg) -- With events from elections to central-bank rate moves to wars threatening upheaval in the markets, investors are increasingly seeking a pre-determined payoff if they bet right. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAs Wars Rage, Cities Face a Dark New Era of Urban DestructionWhile many traders — from mom-and-pops to systematic hedge funds — are using zero-day-to-expiry lis