Crypto Gen

Canada and India agree to relaunch trade talks, as democratic nations seek to strengthen ties to counter China, Russia
Trade Minister Mary Ng landed in India on March 10 and is leaving her two-day trip with a win: the relaunch of trade negotiations with the world’s sixth-largest economy, her ministry announced on March 11

SMBC Nikko trading scandal threatens future of brokerage’s equities division

In late 2020, the dealing room of Japan’s third-largest brokerage SMBC Nikko was cautiously returning to normality after months of pandemic upheaval. Makoto Yamada, the head of equities trading known for his blue Berluti shoes and sharp suits, was back on the floor. Alexandre Avakiants, the deputy global head of equity and owner of a Brazilian jiu-jitsu gym, was reviving animal spirits after lockdown.