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Word: nomura (lookup in dictionary) (lookup stats)
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...Analysts suspect that virtually all of China's bankers have skeletons in their closets. Observers argue that wholesale replacement is impossible because of the nation's dearth of experienced, upright managers. "There's no question reform is happening," says Pu Yonghao, senior economist at Nomura International in Hong Kong and a former BOC employee. "But the banks are only mimicking modern, Western practices. Inside, the Chinese personnel just don't have what it takes to make changes quickly enough...

Author: /time Magazine | Title: Troubles Are in the Bank | 1/28/2001 | See Source »

...Guangdong and Fujian, as well as its role in its own province, Jiangsu. It also has a growing pool of inexpensive skilled workers--one of the reasons Microsoft chose to set up its Asian Regional Engineering Center there three years ago. William Overholt, head of strategy and economics at Nomura International (HK) Ltd., calls Shanghai the "most successful reforming city today...

Author: /time Magazine | Title: A Run For The Money | 1/22/2001 | See Source »

...disarmingly comical: like Vincent Trasov's campaign for mayor as Mr. Peanut, or Goran Trbuljak's photograph of a door with the inscription, "From time to time I stuck my finger through a hole in the door of the Modern Art Gallery without the management's knowledge." Others, like Nomura Hitoshi's "'Moon' Score" (a piece of music written to the phases of the moon) or Wei Guangqing's "Suicide Series" (a series of photographs demonstrating different ways of killing oneself) are at once emotionally haunting, spiritually probing and subtly ironic. It is this whimsical refusal to accept easy categorization...

Author: By John Hulsey, CRIMSON STAFF WRITER | Title: 'Global Conceptualism': The Big Idea | 11/17/2000 | See Source »

...Democrats came to power. It's the kind of privatization that gives sell-offs a bad name. Part of the bank was privatized by the voucher method. Although the state kept a majority stake, that share was subsequently diluted. In 1998 the state unloaded its remaining stake (36.29%) to Nomura, the Japanese investment bank, which resold its shares to a passive Dutch shareholder. At no point did the bank have a strategic investor to oversee its conduct. Depositors panicked last June and took out some $440 million in deposits in just three days. On June 16, two dozen members...

Author: /time Magazine | Title: Paying The Price | 10/23/2000 | See Source »

...least outside the U.S., soundly rejected their governments' efforts to keep them entertained. Take Britain's Millennium Dome--please. It was conceived as a symbol of Cool Britannia. The government spent $1 billion on it, then sold it last July for just $158 million to Japanese financial group Nomura amid a flurry of bad press, worse reviews and lousy attendance reports. The heads of chief executive Jennie Page and Bob Ayling, chairman of the Dome's operators, the New Millennium Experience Company, had already rolled. The British government announced that about $65 million of sale revenues will go toward keeping...

Author: /time Magazine | Title: Discordant Themes | 9/25/2000 | See Source »

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