Visiting Chinese premier calls for 'win-win' cooperation with Canada

Sep 24, 2016

Visiting Chinese premier calls for 'win-win' cooperation with Canada

Chinese Premier Li Keqiang called Friday for strong relations with Canada as he wrapped up a three-day visit to the important trading partner. “We have no excuses,” Li told a Canadian-Chinese business council in Montreal. “China and Canada must have win-win cooperation.” Canadian Prime ...

Sep 7, 2016

China vetoed from becoming second-biggest Australia farm owner

China would have become the second largest foreign owner of Australian farmland after the United Kingdom if the government had not vetoed the sale to Chinese interests of a major cattle empire, a report showed on Wednesday. The Australian government released the first ever ...

Japanese firms eye business opportunities in Russia

Sep 6, 2016

Japanese firms eye business opportunities in Russia

Japanese companies are keeping their eyes peeled for emerging business opportunities in Russia following Prime Minister Shinzo Abe’s announcement of an eight-point cooperation plan with the country in May. To help realize the plan, Japanese firms aim to accelerate investments in resource development and ...

Sep 6, 2016

Sumitomo 'liquidating Japan hedge fund' as clients pull out

Sumitomo Mitsui Trust Holdings Inc. is liquidating a Japan-focused hedge fund after investors withdrew money following poor performance, according to people familiar with the matter, adding to the list of casualties as the industry suffers its biggest outflows since 2009. The firm’s asset-management unit ...

Sep 3, 2016

Japanese finance minister calls for more investment, wage hikes

Finance Minister Taro Aso has urged companies to raise investment and wages as their retained earnings continue to increase. At a news conference on Friday, Aso complained about companies’ use of money, saying the proportion of funds spent on business investment should be raised ...

Aug 31, 2016

Low investment in G-7 nations clashes with central bank efforts

One big reason the global economy is spinning its wheels: some of the world’s richest governments are being tightwads. Group of Seven governments have been cutting their investment spending since a brief surge as the global financial crisis took hold. As a share of ...