Nao Sano

(Bloomberg) -- Japan's Government Pension Investment Fund posted its biggest quarterly loss since 2020 as a rebound in the yen erased gains on overseas securities and domestic stocks declined.

GPIF, one of the world's largest state pension funds, incurred losses in three of four major asset classes — foreign stocks and bonds as well as Japanese equities — with only domestic debt generating a positive return. The result may damp speculation the fund will increase stock holdings in an attempt to boost overall returns next year when it sets a new model portfolio.

Nomura Holdings Inc. is tightening rules on employee visits to clients’ homes after a former worker was arrested on suspicion of robbery, arson and attempted murder in Hiroshima.

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(Bloomberg) -- Some clients of Nomura Holdings Inc. are restarting business with the Japanese brokerage after it took steps to address concerns arising from a regulatory probe into market manipulation, according to people with knowledge of the matter.

Some clients of Nomura Holdings Inc. are restarting business with the Japanese brokerage after it took steps to address concerns arising from a regulatory probe into market manipulation, according to people with knowledge of the matter.

Many of the firms returned to Nomura after the brokerage explained to them measures it is taking to prevent a recurrence of the breach, the people said.

Nomura Holdings Inc. said an ex-employee of its securities subsidiary was formally charged by the Hiroshima Prefecture police for a slew of alleged crimes.

The former employee was charged on suspicion of robbery, attempted murder and arson of an inhabited building, Japan's biggest brokerage said in a statement on Wednesday. Nomura added it is implementing strict measures to ensure more robust internal systems, in order to reassure its clients and regain their trust.

Tokyo Metro Co. is seeking growth through mergers and acquisitions, as well as investments, according to the newly listed company’s president.