International Business News - NMR http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Optimism that a prolonged global economic downturn will be averted lifted Japanese stocks Thursday, following an aggressive interest rate cut in China and assurances by President-elect Barack Obama for a swift economic rescue plan. http://www.ibtimes.com/articles/20081127/japan-stocks-rise-on-hopes-for-global-economy.htm Thu, 27 Nov 2008 03:34:20 EST A restructuring expert overseeing the liquidation of Lehman Brothers will replace Richard Fuld as chief executive on Dec. 31, Lehman lawyer Harvey Miller said Thursday. http://www.ibtimes.com/articles/20081120/fuld-replacement-named-at-lehman.htm Thu, 20 Nov 2008 17:22:33 EST Japanese stocks dived Thursday after a steep drop on Wall Street and government data showing that Japan's exports suffered a brutal drop in October. The benchmark Nikkei 225 stock average plunged early in the day and never recovered, finishing down 6.9 percent, or 570.18 points, at 7,703.04. The broader Topix index ended off 5.5 percent, or 45.15 points, at 782.28. http://www.ibtimes.com/articles/20081120/japan-stocks-dive-6-9-percent-after-us-sell-off.htm Thu, 20 Nov 2008 02:21:40 EST Japanese stocks retreated Tuesday amid broad regional declines as investors grappled with more bad news about the global economy, including a massive round of layoffs in the financial sector. http://www.ibtimes.com/articles/20081118/japan-stocks-fall-as-layoffs-hammer-bank-shares.htm Tue, 18 Nov 2008 02:52:46 EST Administrators of the European arm of failed investment bank Lehman Brothers Holdings Inc. said Friday that untangling its financial dealings will be a much bigger--and far lengthier--task than dealing with the fallout of the collapse of energy company Enron Corp. http://www.ibtimes.com/articles/20081114/lehman-brothers-creditors-meet-in-london.htm Fri, 14 Nov 2008 12:05:10 EST Deutsche Bank AG has sued Lehman Brothers to recover $72.5 million it says was accidentally transferred to the failed investment bank after it had filed for bankruptcy. http://www.ibtimes.com/articles/20081112/deutsche-bank-sues-lehman-to-get-72-5m-back.htm Wed, 12 Nov 2008 07:47:10 EST Richard Fuld will step down as chief executive of failed investment bank Lehman Brothers Holdings Inc. by the end of the year and won't receive severance or a bonus, a spokesman said Wednesday. http://www.ibtimes.com/articles/20081105/ceo-richard-fuld-to-leave-lehman-by-year-end.htm Wed, 05 Nov 2008 17:06:10 EST Japan's key stock index shot up almost 10 percent Thursday, lifted by a U.S. rate cut--and hopes for a similiar move in Japan--and by a rally in Asian markets. http://www.ibtimes.com/data/articleimgs/163186-japan-markets.jpg http://www.ibtimes.com/articles/20081030/japans-nikkei-stock-index-jumps-almost-10-percent.htm http://www.ibtimes.com/articles/20081030/japans-nikkei-stock-index-jumps-almost-10-percent.htm Thu, 30 Oct 2008 03:20:15 EDT Nomura Holdings Inc. said Tuesday it stayed deep in the red for the third straight quarter as ongoing fallout from the global financial turmoil squeezed Japan's biggest brokerage just as it embarked on a major overseas offensive. http://www.ibtimes.com/articles/20081028/nomura-holdings-post-second-quarter-net-loss.htm Tue, 28 Oct 2008 06:16:40 EDT A Lehman Brothers lawyer told a judge on Thursday that the company is emerging from the "chaos" that characterized its bankruptcy filing and the weeks immediately following it. http://www.ibtimes.com/articles/20081016/lawyers-say-lehman-case-emerging-from-chaos.htm Thu, 16 Oct 2008 20:32:47 EDT Stakeholders in the Lehman Brothers bankruptcy case will ask a judge to open an investigation of the failed investment bank at a Thursday hearing. Meanwhile, Lehman will seek early approval of a proposal to sell its Neuberger Berman money management business. http://www.ibtimes.com/articles/20081016/ahead-of-the-bell-creditors-seek-lehman-inquiry.htm Thu, 16 Oct 2008 06:34:14 EDT Japan's key stock index on Thursday plummeted more than 11 percent--the biggest one-day loss since 1987 as sobering reports on the U.S. economy intensified recession fears. http://www.ibtimes.com/data/articleimgs/153451-japan-markets.jpg http://www.ibtimes.com/articles/20081016/nikkei-index-closes-more-than-11-percent-lower.htm http://www.ibtimes.com/articles/20081016/nikkei-index-closes-more-than-11-percent-lower.htm Thu, 16 Oct 2008 04:58:32 EDT Japanese stocks buckled Tuesday under deeper fears of a global financial crisis following U.S. lawmakers' rejection of a $700 billion bank rescue plan. http://www.ibtimes.com/data/articleimgs/142535-japan-markets.jpg http://www.ibtimes.com/articles/20080930/japan-stocks-plunge-after-rejection-of-us-plan.htm http://www.ibtimes.com/articles/20080930/japan-stocks-plunge-after-rejection-of-us-plan.htm Tue, 30 Sep 2008 07:42:14 EDT JPMorgan Chase & Co. is the largest secured creditor in the Lehman Brothers bankruptcy case, with an estimated $23 billion in claims, according to a recent court filing. http://www.ibtimes.com/articles/20080926/jpmorgan-is-lehmans-biggest-secured-creditor.htm Fri, 26 Sep 2008 09:45:24 EDT Japanese shares went south Thursday as nervous investors worried about the fate and effectiveness of a U.S. government plan to rescue banks from crippling debt. http://www.ibtimes.com/articles/20080925/japan-shares-fall-amid-us-rescue-plan-uncertainty.htm Thu, 25 Sep 2008 05:33:10 EDT World stock markets were mixed Wednesday as Warren Buffett's plan to invest at least $5 billion in Wall Street firm Goldman Sachs helped allay some fears about the world's troubled financial sector. But uncertainty about a massive U.S. economic rescue plan persisted. http://www.ibtimes.com/data/articleimgs/137294-hong-kong-bank-of-east-asia.jpg http://www.ibtimes.com/articles/20080924/markets-mixed-after-buffett-backs-goldman-sachs.htm http://www.ibtimes.com/articles/20080924/markets-mixed-after-buffett-backs-goldman-sachs.htm Wed, 24 Sep 2008 10:43:31 EDT Most Asian stock markets edged higher Wednesday as Warren Buffett's plan to invest at least $5 billion in Wall Street firm Goldman Sachs helped allay fears about the world's troubled financial sector. http://www.ibtimes.com/data/articleimgs/137224-hong-kong-bank-of-east-asia.jpg http://www.ibtimes.com/articles/20080924/asian-markets-up-after-buffett-backs-goldman-sachs.htm http://www.ibtimes.com/articles/20080924/asian-markets-up-after-buffett-backs-goldman-sachs.htm Wed, 24 Sep 2008 06:34:31 EDT Japanese shares edged up Wednesday as nervous investors awaited the outcome of U.S. Congressional debate over the government's proposed rescue plan for troubled banks. http://www.ibtimes.com/articles/20080924/japan-shares-edge-up-as-investors-await-us-plan.htm Wed, 24 Sep 2008 04:21:09 EDT Back in the 1980s, when Japan found itself flush with unprecedented wealth, it splurged on flashy overpriced trophies like Rockefeller Center and the Pebble Beach Golf Links. http://www.ibtimes.com/data/articleimgs/137175-japan-us-lehman-brothers-bankruptcy.jpg http://www.ibtimes.com/articles/20080924/investors-cheer-international-push-by-japan-banks.htm http://www.ibtimes.com/articles/20080924/investors-cheer-international-push-by-japan-banks.htm Wed, 24 Sep 2008 10:27:18 EDT Warren Buffett's Berkshire Hathaway Inc. said Tuesday it is investing at least $5 billion in Goldman Sachs Group Inc. in a deal that will likely boost confidence in the venerable investment bank. http://www.ibtimes.com/articles/20080923/business-highlights.htm Tue, 23 Sep 2008 18:51:59 EDT