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Japan's Nomura targets up to 90% jump in core pretax income in 3 years

Setting out guidance in a mid-term presentation, Nomura said it would target annual pretax income of between 350 billion yen and 390 billion yen ($2.7 billion and $3.0 billion) for its three core divisions in the year to end-March 2025.

That compared to 205.2 billion yen it posted for the year ended in March 2022.

Nomura also said it will create a new digital asset company later this year that will allow institutional investors to trade products linked to cryptocurrencies, stablecoins, decentralized finance and non-fungible tokens.

($1 = 128.9100 yen)


Source: Economy - investing.com

Australia’s Ruling Coalition Pledges Improved Budget in Costings

Some factories might leave China, but in the grand scheme of things it doesn't matter much