NATHANIEL SCHOSSAU WRITES – A scene in Greta Gerwig’s highly anticipated “Barbie” movie, set for release July 21 and starring Margot Robbie and Ryan Gosling, has caused controversy over—of all things!— a territorial dispute in the South China Sea. The reason: Vietnam and China both claim a particular part of…
Category: International Finance
ASIAN STOCK MARKETS: SURRENDERING TO THE HARD REALITIES OF THE RUSSIA-UKRAINE WAR
NASER ALMEHSARI WRITES – Asian stock markets have suffered the brunt of the Russia-Ukraine conflict. Major markets such as China, Australia and South Korea fell sharply, while Tokyo managed to post a marginal rise and central bank rate hikes accompanied new lockdown notices in different regions of Asia. A sense…
JAPAN: WHAT’S TWO BILLION BUCKS HERE OR THERE?
TOKYO (excerpted from Nikkei Asia) — Nomura Holdings on Monday warned of a potentially hefty loss at one of its U.S. subsidiaries after the Japanese financial services company and global peers were caught up in a share selloff on Friday involving an American investment firm. Nomura’s shares closed down 16.33%…