Nomura sluggishness shifts from bank to investors 3 February 2021 The Japanese bank posted its best quarterly pre-tax profit in 13 years. The trading tailwind that boosted U.S. rivals helped, but all divisions chipped in and costs are falling. Shareholders are not yet convinced. Addressing that is the next challenge for boss Kentaro Okuda.
Chinese investors can soothe Xiaomi’s U.S. pains 15 January 2021 Investors wiped out $10 bln in market value from the Hong Kong-listed phone maker on its addition to a U.S. blacklist of firms that Americans cannot own. Yet others like China Mobile have seen local buyers piling in, offsetting the selloff. Xiaomi can expect similar.
