According to UBS Group AG (NYSE: UBS), China's stock market may see an inflow of around 600 billion yuan ($86.8 billion) of excess savings from the nation's households.
U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.
Tokyo-based bank Nomura Holdings Inc. (NYSE: NMR) has invested in Fnality, a blockchain-based interbank payment and settlement network that is now sponsored by 17 major financial institutions.