• Dec 01, 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

  • Dec 01, 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

  • Dec 01, 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

  • Dec 01, 2024

Nations Fail to Agree Plastic Curbs as Oil Producers Dissent

(Bloomberg) -- Nations failed to agree on a treaty to curb plastic pollution after two years of divisive negotiations, as oil suppliers including Saudi Arabia and Russia blocked attempts to limit production.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 DestructionAlmost 200 countries joined a week-long United Nations-backed summit in Busan, South Korea, which concluded in the early hours of Monday without

  • Dec 01, 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

  • Dec 01, 2024

US Bitcoin, Ether ETFs Log Record Inflows on Trump’s Embrace of Crypto

(Bloomberg) -- US exchange-traded funds investing directly in Bitcoin and Ether are enjoying unprecedented demand, buoyed by President-elect Donald Trump’s pledge to unfetter the crypto industry from regulatory shackles.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 groups of Bitcoin and Ether ETFs each posted record monthly net inf