Bloomberg Tokyo prosecutors charged SMBC Nikko Securities Inc and five of its staff members with alleged stock market manipulation, as a trading scandal that’s rocked the nation’s financial industry escalated in the Japanese capital. The prosecutors indicted the brokerage arm of the nation’s second-biggest banking group and the five employees in relation to allegedly propping up the price of certain …

  Bloomberg The China Eastern Airlines Corp jet that crashed was travelling at close to the speed of sound in the moments before it slammed into a hillside, according to a Bloomberg News review of flight-track data. Such an impact may complicate the task for investigators because it can obliterate evidence and damage a plane’s data and voice recorders that …

  Bloomberg Lanvin Group, which owns the French fashion brand known for its red-carpet gowns, plans to float in New York via a blank-check company in a sign of confidence for the luxury industry. The transaction is set to give the company an enterprise value of $1.5 billion. Lanvin’s owners, which include Chinese investor Fosun, are hoping to raise $544 …