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Six Taiwanese banks sue Nomura unit

  Bloomberg Six Taiwanese banks filed a lawsuit against a unit of Nomura Holdings Inc, saying it failed to extend its portion of a syndicated loan to a now-insolvent shoemaker, Ultrasonic AG. Nomura International (Hong Kong) Ltd, part of Japan’s biggest brokerage, was sued in the Taipei District Court, according to Winnie Chang, a Taipei-based spokeswoman for Cathay United Bank. ...

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China’s doorway to the West

  Bloomberg Growing up in a fishing village along the Yangtze River in Chongqing, PengJianhu used to clamber down to the water from his home perched on wooden stilts and nestled into the riverbank’s steep cliffs. For Peng, the nation’s largest river system is an economic wellspring, linking his home to bustling coastal markets some 1,400 km (870 miles) to ...

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Brexit no issue for UK stocks with traders doubting polls

  Bloomberg U.K. stocks are posting their best performance in eight years, even as polls are increasingly pointing to a potential exit from the European Union. The weakening of the pound and a surge in miners have helped the FTSE All-Share Index erase its annual loss, making it outrun the Stoxx Europe 600 Index by the most since 2008. British ...

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