TOKYO (Reuters) -Japan's securities watchdog is expected to recommend imposing tens of millions of yen in penalties on Nomura Holding's brokerage unit for alleged manipulation in the government bond futures market, the Yomiuri reported. The Securities and Exchange Surveillance Commission will make the recommendation to the banking regulator, the Financial Services Agency (FSA), which hands out such punishments in Japan,...

NEW YORK (Reuters) - Marathon Petroleum ( MPC ) and the Teamsters union, which represents refinery workers in Detroit, Michigan, are at a standstill as negotiations for a new labor agreement stagnate and the strike at the plant enters its third week. More than 200 Teamsters at Marathon's Detroit refinery called for an economic strike on Sept. 4 after nine...

HONG KONG (Reuters) - DBS Group Chief Executive Piyush Gupta said on Wednesday it is in the process of increasing ownership in its China securities joint venture to 91% from 51%. The comments came a day after China introduced aggressive measures to prop up its ailing economy and capital markets. The largest bank by assets in Singapore confirmed that it...

Motorsport Games Inc. ( MSGM ) shares are trading higher in extended trading Tuesday after the company announced it released the September update for Le Mans Ultimate. The Details: Motorsport Games ( MSGM ) said the update includes a new co-op game mode, a completed Hypercar grid and new content for fans of sportscar and sim racing. Our September update...