Latest news with #NomuraSecurities
Nikkei Asia
9 minutes ago
- Business
- Nikkei Asia
Nomura tops Japan M&A advisory league table on Toyota, NTT group deals
Nomura Holdings topped the rankings of M&A advisory deals handled by value for the first half of 2025. © Reuters KODAI MIHARA August 12, 2025 06:38 JST TOKYO -- Nomura Securities led the adviser ranking for mergers and acquisitions involving Japanese companies for the first half of this year, climbing from second place in the same period last year on a string of big deals.
CNA
4 days ago
- Automotive
- CNA
Japan's Topix tops 3,000 for first time on tariff clarity; SoftBank soars
TOKYO :Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by clarity over U.S. tariffs and a streak of strong earnings reports. Automakers rallied, with Toyota climbing more than 3 per cent. SoftBank Group rose nearly 11 per cent after the technology investor reported a swing back to profit in the first quarter. "We are at just past the peak of the earnings season, and the strong results so far are a big factor contributing to overall gains for Japanese stocks," said Maki Sawada, an equities strategist at Nomura Securities. The U.S. government on Thursday promised to amend a presidential executive order to remove overlapping tariffs on Japanese goods, Tokyo's trade negotiator Ryosei Akazawa said. U.S. officials will lower auto tariffs to 15 per cent from 27.5 per cent, in line with the agreement on trade reached by the two countries last month. The broad Topix was up 1.6 per cent, as of 0200 GMT, to touch a record peak of 3,035.24. The more tech-focused Nikkei share average rose 2.1 per cent to 41,924.41, its highest point since July 25. SoftBank led gains on the Nikkei, contributing about 271 points to the index's 783-point rally. Shares of Sony Group gained more than 4 per cent, adding to its earnings-fuelled 4.1 per cent advance from Thursday.
Reuters
4 days ago
- Automotive
- Reuters
Japan's Topix tops 3,000 for first time on tariff clarity; SoftBank soars
TOKYO, Aug 8 (Reuters) - Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by clarity over U.S. tariffs and a streak of strong earnings reports. Automakers rallied, with Toyota (7203.T), opens new tab climbing more than 3%. SoftBank Group (9984.T), opens new tab rose nearly 11% after the technology investor reported a swing back to profit in the first quarter. "We are at just past the peak of the earnings season, and the strong results so far are a big factor contributing to overall gains for Japanese stocks," said Maki Sawada, an equities strategist at Nomura Securities. The U.S. government on Thursday promised to amend a presidential executive order to remove overlapping tariffs on Japanese goods, Tokyo's trade negotiator Ryosei Akazawa said. U.S. officials will lower auto tariffs to 15% from 27.5%, in line with the agreement on trade reached by the two countries last month. The broad Topix (.TOPX), opens new tab was up 1.6%, as of 0200 GMT, to touch a record peak of 3,035.24. The more tech-focused Nikkei share average (.N225), opens new tab rose 2.1% to 41,924.41, its highest point since July 25. SoftBank led gains on the Nikkei, contributing about 271 points to the index's 783-point rally. Shares of Sony Group (6758.T), opens new tab gained more than 4%, adding to its earnings-fuelled 4.1% advance from Thursday. Among automakers, those most reliant on the U.S. market led the gains, with Mazda (7261.T), opens new tab jumping 4.1% and Subaru (7270.T), opens new tab rising 3.6%.
Jordan News
6 days ago
- Business
- Jordan News
Oil Prices Rebound on Trump's Threats to Buyers of Russian Crude - Jordan News
Oil Prices Rebound on Trump's Threats to Buyers of Russian Crude Oil prices rose on Wednesday, recovering from a five-week low recorded the previous day, amid supply disruption fears following U.S. President Donald Trump's threats to impose tariffs on India over its purchases of Russian crude oil. اضافة اعلان By 03:30 GMT, Brent crude futures were up by 43 cents (0.6%) to $68.07 per barrel, while U.S. West Texas Intermediate (WTI) rose 40 cents (0.6%) to $65.56 per barrel. Market Uncertainty Over U.S. Sanctions Commodity strategists at ING stated last Thursday: "There's still a lot of uncertainty around whether the U.S. will implement secondary sanctions on buyers of Russian oil... and growing chatter in the market suggests attention could shift toward China's Russian oil imports." They added that if India halts its purchases due to tariff threats, "The market could absorb the loss of that supply," but warned that the bigger risk would be if other buyers also begin to shun Russian crude. Investor Sentiment and India's Role Yuki Takashima, economist at Nomura Securities, commented: 'Investors are assessing whether India will reduce its Russian crude imports in response to Trump's threats, which could tighten supply. However, it remains to be seen if that will actually happen.' He added: 'If India's imports remain stable, WTI is likely to stay within the $60–$70 range for the rest of the month.' OPEC+ Production Boost On Sunday, OPEC and its allies (OPEC+) agreed to increase oil output by 547,000 barrels per day for September, a move that will end the latest round of production cuts earlier than planned. OPEC+ produces about half of the world's oil and has cut output for several years to support the market, but this year has seen a series of rapid production increases. U.S. Pressure on India and Supply Risks The U.S. is pressing India to halt Russian oil imports as Washington seeks leverage to pressure Moscow into a peace deal with Ukraine. Such moves may disrupt global supply flows as Indian refiners seek alternatives, and Russian crude gets redirected to new buyers. On Tuesday, Trump again threatened higher tariffs on Indian goods over its oil trade with Russia, saying the move could come within 24 hours. He also suggested that lower energy prices could pressure Russian President Vladimir Putin to end the war in Ukraine. India Responds to Tariff Threats New Delhi called Trump's threats 'unwarranted' and vowed to protect its economic interests, further intensifying the trade dispute between the two countries. U.S. Oil Inventory Data Supportive Takashima of Nomura noted that U.S. oil inventory data—from the world's largest oil consumer—provided support for oil prices. According to figures from the American Petroleum Institute (API) cited on Tuesday, U.S. crude oil inventories fell by 4.2 million barrels last week. This is a much larger drop than the 600,000-barrel decline expected in a Reuters poll for the week ending August 1. The U.S. Energy Information Administration (EIA) is scheduled to release its official weekly inventory data on Wednesday.
Arab News
6 days ago
- Business
- Arab News
Oil Updates — prices rebound on Trump threats on Russian crude buyers
SINGAPORE: Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after US President Donald Trump's threats of tariffs on India over its Russian crude purchases. Brent crude futures gained 48 cents, or 0.7 percent, to $68.12 a barrel by 9:45 a.m. Saudi time, while US West Texas Intermediate crude was up 43 cents, or 0.7 percent, at $65.59 a barrel. 'There's still plenty of uncertainty over the US imposing secondary tariffs on buyers of Russian oil ... market chatter is growing that China's purchases of Russian oil may come into focus next,' ING commodity strategists said on Thursday. 'If India were to stop buying Russian oil amid tariff threats, we believe the market would be able to cope with the loss of this supply,' they said, adding that the bigger risk was if other buyers also started to shun Russian oil. Both oil contracts fell by more than $1 on Tuesday to settle at their lowest in five weeks, marking a fourth session of losses, on oversupply concerns from OPEC+'s planned September output hike. 'Investors are assessing whether India will reduce its Russian crude purchases in response to Trump's threats, which could tighten supply, but it remains to be seen if that will actually happen,' said Yuki Takashima, economist at Nomura Securities. 'If India's imports remain steady, WTI is likely to stay within the $60-$70 range for the rest of the month,' he said. The Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed on Sunday to raise oil production by 547,000 barrels per day for September, a move that will end its most recent output cut earlier than planned. OPEC+ pumps about half of the world's oil and had been curtailing production for several years to support the market, but the group introduced a series of accelerated output hikes this year to regain market share. At the same time, US demands for India to stop buying Russian oil as Washington seeks ways to push Moscow for a peace deal with Ukraine could upset supply flows as Indian refiners seek alternatives and Russian crude is redirected to other buyers. Trump on Tuesday again threatened higher tariffs on Indian goods over the country's Russian oil purchases over the next 24 hours. Trump also said declining energy prices could pressure Russian President Vladimir Putin to halt the war in Ukraine. New Delhi called Trump's threat 'unjustified' and vowed to protect its economic interests, deepening a trade rift between the two countries. Nomura's Takashima also pointed to industry data showing crude inventories in the US, the world's biggest oil consumer, as supportive for the oil market. US crude inventories fell by 4.2 million barrels last week, sources citing American Petroleum Institute figures said on Tuesday. That compares with a Reuters poll estimate of a 600,000 barrels draw for the week to August 1. The US Energy Information Administration is due to release its weekly inventory data on Wednesday.
