Aug 04 (Bloomberg Markets and Finance) - Nomura Holdings Inc., Japan's largest brokerage, reported a 97% plunge in profit. Gains from fixed income trading were unable to make up for weaknesses elsewhere. Russell Ward reports on Bloomberg Television.
Japan's Nomura Reports 97% Slump in Profit on Deal Drought
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A renowned Japanese photographer based in New York, Yasuomi Hashimura, known for his groundbreaking contributions to American advertising photography, died after being pushed on the street by a man.
Japan is on track to surpass its all-time annual record for foreign visitors, with over 30 million arrivals so far this year.
A suspicious object feared to be explosive was discovered at a high school in Sapporo on the afternoon of November 22nd, causing temporary chaos. The object was found to have been brought to the school by one of its students.
China says it will resume allowing visa-free visits by Japanese nationals on short-term trips from the end of this month. (NHK)
Japan is facing a deepening crisis of poverty and inequality, with rising reports of 'invisible homeless' individuals and growing economic hardships among the population. Discussions over reforms to the country's tax and welfare systems have taken center stage, as policymakers grapple with how to provide meaningful support.
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A store featured as a model in the anime "Crayon Shin-chan" closed its doors on November 24th.
Struggling Japanese automaker Nissan Motor says about 1,000 of its employees in the United States have accepted early retirement offers. That figure represents 6 percent of the firm's US workforce. (NHK)
The Japanese government plans to incorporate securing copper mine interests into its upcoming economic measures, according to a report by TV Tokyo. Copper, an essential material for electric vehicles (EVs), semiconductors, and data centers, faces increasing global demand, raising concerns over supply shortages.
This year's bottles of Beaujolais Nouveau have hit store shelves across Japan. And in some more good news for wine drinkers, many retailers and importers have kept prices unchanged despite the weak yen. (NHK)
Japanese semiconductor maker Kioxia Holdings is expected to be listed on the Tokyo Stock Exchange next month after years of postponement. (NHK)
The iconic Osaka Marubiru in Umeda, closed last year due to aging, will be replaced with a new 192-meter skyscraper, the tallest in the Osaka Station area.
The average price for a newly built condominium in Tokyo’s 23 wards has remained above 100 million yen for six consecutive months.
The average transaction price of newly harvested rice between agricultural cooperatives and wholesalers reached a record high for the second consecutive month in October. The price of unpolished rice was 23,820 yen per 60 kilograms.