Nomura Holdings Inc.’s overseas operations are at last solidly in the black after years of flip-flopping between expansion and retrenchment. After a fourth straight quarterly profit, the Japanese brokerage is primed for its biggest international test: building a wealth management business in China. This time, it has a real chance of success. Last week, Nomura reported net income of $524 ...

Japan’s Government Pension Investment Fund (GPIF) been a trailblazer in promoting the need to incorporate environmental, social and governance issues into the day-to-day job of portfolio construction. With $1.6 trillion under management, it has a lot of firepower in the investing world. So its recent stand against short selling, judging the practice to be incompatible with its role as the ...

Bloomberg US equity futures rose and European stocks fluctuated following steep losses at the end of last week and as investors digested the latest developments in the coronavirus outbreak. Shares plunged in China as markets there reopened after a long holiday. Contracts on the three main American equity indexes all advanced in the wake of previous declines. Gains in technology ...