djmilic/iStock via Getty Images The following segment was excerpted from the Nomura Science And Technology Fund Q4 2025 Commentary. For 4Q25, Nomura Science and Technology Fund Institutional Class shares had a positive absolute return, but it underperformed the Fund's benchmark, the S&P ...

Currency and Foreign Exchange Reserves - The Reserve Bank of India (RBI) is expected to start buying dollars to strengthen its foreign-exchange reserves when the rupee reaches around 88-89 per dollar [1] - Currently, the rupee is projected to trade in a range of 90 to 91.25 per dollar in the short term, closing at 90.88, which is a 0.1% increase [1] - Despite record high reserves of $725.7 billion, the RBI has a $62 billion short forward book that may require delivering dollars to banks, potentially depleting reserves [2][3] Market Dynamics and Foreign Inflows - The rupee has underperformed compared to Asian peers, falling nearly 5% in 2025 due to high US tariffs and significant equity outflows [4] - Seasonal inflows are expected to improve in February and March, which could support the rupee and attract more foreign investments into Indian bonds [4] - The bond market may face pressure from a heavy supply of sovereign debt, with total federal and state borrowing projected at close to 30 trillion rupees ($330 billion) [5] Bond Market Outlook - Sovereign borrowing costs are anticipated to rise as new supply enters the market in the financial year starting April, with the 10-year yield expected to trade between 6.75% and 7.00% [6] - Recent tax changes and revised mandates for large investors have reduced demand for long-term debt, widening the yield gap between short- and long-term bonds [6] - The RBI may need to purchase between 3 trillion to 5 trillion rupees of bonds in the next fiscal year to address the supply-demand imbalance in government debt [7]

Ripple’s closest Asian partner and long-term XRP bull SBI Holdings has announced a plan to issue around $65 million worth of onchain bonds. The bonds will pay their owners a fixed interest rate of between 1.85% and 2.45%, to be paid half-yearly. And the bonds will provide their owners with $1.29 worth of XRP for every $645 worth of the bonds they own. The company said the bonds will be issued in March and will mature in early 2029. Both Ripple and consulting firms like the Boston Consulting Group have ...

While retail debates the dip, institutions are deploying capital.BlackRock. Harvard. Nomura. Strategy.Here’s what they did this week 👇 https://t.co/RaYgZByJ2w ...

Core Insights - The banking hiring cycle in India is experiencing a resurgence, with top engineering and business schools seeing increased recruitment activity from private lenders and foreign banks [1][2] Group 1: Recruitment Trends - Major banks such as ICICI Bank, Kotak Mahindra Bank, HSBC India, and Citibank are actively recruiting from campuses, indicating a return to robust hiring practices [2][5] - The hiring landscape has shifted from the previous year, where hiring slowed due to high dependency on contract employees and reduced attrition rates [3] - Financial firms are focusing on long-term competitiveness and digital capabilities rather than merely filling vacancies [4] Group 2: Credit Growth and Hiring Needs - Bank credit growth reached 14.6% at the end of January, up from 11.4% a year ago, signaling a recovery in corporate credit demand and a need for more hires across various teams [5] - The financial sector is seeing a significant increase in student placements in finance, with over 21% of the 2026 batch securing roles in this area, compared to 14.5% in 2025 and 19% in 2024 [6] Group 3: Focus Areas for Recruitment - Recruitment is heavily concentrated in three key areas: global capability centers, investment and wealth management, and technology-led banking [7][8][13] - Global capability centers are being scaled for operations, compliance, and risk analytics, while investment and wealth management roles are expanding due to a growing equity savings culture in India [8] Group 4: Technology Integration - Banks are increasingly hiring engineers to support digital transformation and build new customer engagement architectures, reflecting a shift towards technology-led banking [13][14] - HSBC reported a fivefold increase in engineering hires over the past two years, emphasizing the importance of technology talent in their strategic shift [16] Group 5: Fresh Talent and Attrition - The influx of fresh talent is partly due to high attrition rates at entry-level positions, necessitating ongoing recruitment of new graduates [17]

Core Viewpoint - Coupang Inc. (NYSE:CPNG) is currently viewed as a stock with significant upside potential despite recent price target reductions from various analysts [1][3]. Group 1: Analyst Ratings and Price Targets - Citi has reduced its price target for Coupang from $27 to $24 while maintaining a Buy rating [1]. - Bernstein initiated coverage of Coupang with an Underperform rating and set a price target of $17, indicating a preference for companies with strong growth potential linked to online penetration and AI leadership [2]. - Nomura downgraded Coupang to Neutral from Buy and lowered its price target to $22 from $30, citing heightened regulatory risks following a data breach [3]. Group 2: Market Position and Operations - Coupang operates a retail business through mobile applications and internet websites in South Korea and internationally, with segments including Product Commerce and Developing Offerings [4]. Group 3: Industry Insights - The digital advertising sector is expected to continue shifting towards online channels, with Korea currently having lower penetration compared to the US and China [2]. - The e-commerce and food delivery sectors in Korea are perceived to have limited growth opportunities [2].

Lots More with Nomura's Charlie McElligott on this week's SaaSpocalypse https://t.co/mZdEGnBujC ...

Goldman and Nomura strategists predict the pound will slide to a three-year low against the euro as UK political turmoil deepens and interest-rate cuts loom https://t.co/nFHUog1JUY ...

Nomura becomes the first global bank to call for a pause in Turkey's rate cuts https://t.co/GOrteKDagD ...

Core Insights - Revera Energy has successfully completed an expanded US$150 million credit facility to enhance its financing capacity for energy projects in Australia and the UK [1][2] - The facility reflects strong institutional confidence in Revera's development capabilities and positions the company to meet the growing demand for grid-scale energy infrastructure [2][6] Financial Overview - The credit facility amounts to US$150 million, equivalent to A$222 million or £111 million, aimed at accelerating project development [1] - Nomura acts as the Sole Bookrunner and Lead Arranger for the new credit facility, indicating strong financial backing and strategic partnerships [2][8] Project Development - The additional capital will enable Revera to fast-track key projects, including: - Supporting the construction of the 150MW / 300MWh Bungama Stage 1 battery storage project in South Australia, expected to reach commercial operation in Q2 2026 [7] - Accelerating the development of at least 600MW / 2,400MWh of additional battery storage capacity across the National Energy Market (NEM) [7] - Optimizing 158MW of operational solar farms in New South Wales [7] - Developing at least 1,000MW / 2,000MWh of late-stage battery storage projects, with the first 200MW project expected to hit notice to proceed in Q1 2026 [7] Market Positioning - Revera is positioned to capitalize on the increasing demand for grid-scale storage and renewable generation capacity in Australia and the UK, both of which are among the top five global markets for battery storage assets [2][6] - The company's integrated approach across battery storage and renewable generation supports decarbonization objectives while providing essential grid services [9][10] Strategic Partnerships - Revera benefits from strategic partnerships with leading financial institutions, enhancing its ability to secure premium development sites and navigate complex approval processes [10][11] - Nomura's involvement underscores its commitment to delivering effective capital solutions and supporting Revera's growth trajectory [7][8]