Jan 15, 2016

Japan's national wealth up for second straight year in 2014

Japan’s national wealth at the end of 2014 totaled ¥3.11 quadrillion, up 2.0 percent from the year before and increasing for the second straight year, the Cabinet Office said Friday. The growth in national wealth, or net assets owned by the country’s central and ...

German Catholic archdiocese reveals it's richer than Vatican

Feb 20, 2015

German Catholic archdiocese reveals it's richer than Vatican

The Roman Catholic archdiocese of Cologne in Germany has disclosed it is worth €3.35 billion ($3.82 billion), making it richer than the Vatican. Publication of the first full report of its wealth reflects greater financial transparency within the German Church since Pope Francis removed ...

Nov 26, 2014

BOJ's assets hit record high in September on aggressive easing

The Bank of Japan said Wednesday its total assets stood at a record ¥277.10 trillion ($2.35 trillion) at the end of September, as the central bank continued its massive asset purchases from financial institutions to boost the economy. The assets, mainly Japanese government bonds, ...

Nov 25, 2014

GPIF assets swell to record ¥130.9 trillion in September

Japan’s giant public pension fund said Tuesday its total assets swelled to a record ¥130.9 trillion as of Sept. 30, increasing by ¥3.62 trillion over the three months from July. The Government Pension Investment Fund, the world’s largest institutional investor, also said the proportion ...

Aug 6, 2014

Governance fix needed at GPIF before asset change, Shiozaki says

As the world’s biggest pension manager moves closer to putting more money in risky assets, the ruling Liberal Democratic Party’s deputy policy chief says the fund needs to change its governance first. Japan should submit a bill in the next Diet session to overhaul ...

Jul 16, 2014

Chinese bitcoin firm joins Atlas ATS in bid for Mt. Gox assets

BitOcean, a Chinese bitcoin startup, joined with New York-based exchange platform Atlas ATS Inc. to bid for the assets of Mt. Gox, the exchange platform that filed for bankruptcy in Japan earlier this year. BitOcean and Atlas will invest $1 million worth of bitcoins ...