Nomura and Goldman Sachs further revised down their forecasts for China’s economic growth this year. In particular, Nomura revised its forecast for GDP in the world’s second-largest economy to 2.8% from 3.3% previously, citing the latest economic data outside the country. With the move, Nomura continues to give the lowest forecast among investment houses, echoing […]
Tag: Nomura
Nomura and Goldman further lower the bar on China’s GDP
Nomura and Goldman Sachs further revised down their forecasts for China’s economic growth this year. In particular, Nomura revised its forecast for GDP in the world’s second-largest economy to 2.8% from 3.3% previously, citing the latest economic data outside the country. With the move, Nomura continues to give the lowest forecast among investment houses, echoing […]
Nomura: Major economies in recession for the next 12 months
Most of the world’s major economies will enter recession in the next twelve months, Nomura estimates, as tightening monetary policy and rising living costs push the global economy into a synchronized growth slowdown. In particular, the Japanese brokerage expects the eurozone, UK, Japan, South Korea, Australia and Canada to enter recession alongside the US, Rob […]
The US is in recession at the end of the year, Nomura estimates
The US economy will enter a mild recession probably by the end of 2022, as the Federal Reserve raises interest rates to tame inflation, according to analysts at the Japanese company Nomura. In particular, according to Bloomberg, Nomura warns that financial conditions will be further reduced, at a time when the consumer climate is deteriorating, […]
Nomura: Returned to earnings in the fourth quarter
Nomura Holdings said it had returned to net profit in the fourth quarter as Japan’s largest stock exchange and investment bank recovered from a $ 2.9 billion blow a year ago due to the collapse of the Achegos. Nomura’s first-quarter net profit stood at 30.96 billion yen ($ 242.08 million), up from a loss of […]
Nomura: China’s economy is experiencing the worst slowdown since the pandemic
China’s economy is facing its worst downturn since spring 2020, when it was hit by the first wave of Covid-19, according to Nomura Holdings Inc. China’s growth slower worsened in the first quarter and markets should worry about further slippage in the second quarter, economists at Nomura Holdings Inc. wrote. including Lu Ting in a […]
Nomura Holdings: 38.7% drop in net quarterly earnings
Nomura Holdings, Japan’s largest stock exchange and investment bank, reported a 38.7% drop in net profit for the third quarter as the outbreak seen during the pandemic weakened. But this is the first time in four quarters that Nomura has not suffered any significant extraordinary losses abroad, after a difficult year, when it took a […]