Nomura grabs Lehman’s Asia business

Japan's Nomura Holdings has reached a deal to buy the Asian operations of Lehman Brothers, a source said on Monday, outbidding other banks seeking to scoop up Lehman's Asia group on the

Stocks rise on US crisis plan; questions linger

Asian stocks rose on Monday, after more details about the U.S. government's $700 billion bank bailout plan encouraged bargain hunting, but questions lingered about its long-term implications and the economic outlook. The

Russian markets surge as confidence returns

Buyers flocked back to Russia's battered stock markets on Friday, sending prices soaring as trading resumed after a two-day halt and a $130 billion emergency state support package helped restore confidence. The