Jan 29, 2015

MRI owner to pay $584 million for bilking Japanese investors

A Las Vegas businessman and his company, MRI International Inc., were ordered to pay $584 million after a judge ruled that they defrauded Japanese investors in a Ponzi scheme. Edwin Fujinaga was found liable in October in a U.S. Securities and Exchange Commission lawsuit ...

Indonesia's new leader promises to make life easier for investors

Jul 23, 2014

Indonesia's new leader promises to make life easier for investors

Indonesia’s new president, Joko “Jokowi” Widodo, promised to make life simpler for investors by beefing up the country’s threadbare infrastructure, untangling near-impenetrable regulations and sacking his ministers if they aren’t up to the job. The Elections Commission announced Tuesday that the Jakarta governor had ...

Jan 23, 2014

Foreign investors remain bullish on Japan equities

Investor sentiment toward Japanese equities remains strong, according to the latest Bank of America Merrill Lynch Fund Manager Survey. “Japan is the second most preferred region globally. People are bullish on Japan,” said BofA Merrill Lynch equity strategist Manish Kabra. The level of investors ...