Mar 3, 2015

Abe property boom spurs REITs to favor stock sales

by Katsuyo Kuwako

Real estate investment trusts are raising more funds from shares and avoiding a volatile bond market, as investors bet “Abenomics” will boost property prices. REITs offered ¥222 billion of equity this year, already the busiest quarter since the final three months of 2013. Note ...

Mar 3, 2015

Securities firms focusing on junior NISA

A junior version of the Nippon Individual Savings Account, a tax-free small-investment system modeled on Britain’s Individual Savings Account program, is attracting attention from the brokerage industry in Japan. A junior NISA system will allow grandparents and parents to transfer their financial assets to ...

Feb 16, 2015

Fanuc to invest ¥130 billion in new plant, lab expansion

Fanuc Corp. said Monday it will spend ¥130 billion to build a new plant and expand an existing research facility. The maker of industrial robots wants to boost its capacity to turn out products such as digital control machines, a component of machine tools. ...

Feb 11, 2015

Foreign companies feel targeted in Chinese investigations

Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China said Wednesday. The report adds to complaints Beijing ...

Jan 29, 2015

Shikoku shipbuilder to build first new dock in 16 years

Imabari Shipbuilding Co. said Thursday it will invest around ¥40 billion to build its first new dock in 16 years because the weaker yen has improved its competitiveness. The dock will be completed by October 2016 in Marugame, Kagawa Prefecture, to build 11 huge ...

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 ...

China pledges $40 billion for new 'Silk Road'

Nov 9, 2014

China pledges $40 billion for new 'Silk Road'

Chinese President Xi Jinping is promising $40 billion to help Asian nations improve trade links in a new effort to assert Beijing’s ambitions as a regional leader. Xi made the pledge in a meeting with leaders of Pakistan, Bangladesh and five other Asian nations ...

Oct 22, 2014

Third Point sells Sony, takes new stakes in eBay, Alibaba

Third Point LLC, the hedge fund firm run by Daniel Loeb, sold its investment in Sony Corp. and bought stakes in eBay Inc. and Alibaba Group Holding Ltd. in the third quarter. The New York-based firm also called for a breakup of biotechnology company ...