Tax-free NISA luring individual investors

Apr 11, 2014

Tax-free NISA luring individual investors

by Yoshiaki Nohara and Yuko Takeo

A spring downpour last week wasn’t enough to stop Norito Nagahama from heading to a central-Tokyo brokerage to study up on Japanese stocks. “I’m here because I need to learn about investment,” said Nagahama, 39. “You get little out of bank savings.” The biggest ...

Mar 5, 2014

Pressure on GPIF to buy more stocks good for public, Ito says

Pressure on the Government Pension Investment Fund to buy more stocks will benefit the public as well as boost equity markets, according to the head of a panel that advised on overhauling the world’s biggest retirement fund. “Some are concerned the GPIF reforms are ...

Chef lures new crowdfunding chief

Feb 4, 2014

Chef lures new crowdfunding chief

Osamu Ito, a former Morgan Stanley MUFG Securities Co. banker, is setting up a crowdfunding company that will raise money online to invest in startups, including a Michelin-starred chef’s “bento” business. Ito, who left the brokerage Monday to become chief executive officer of Tokyo-based ...

NISA a hit with old investors, not new

| Jan 26, 2014

NISA a hit with old investors, not new

NISA, short for Nippon Individual Savings Account, in which individual investors will be eligible for tax exemptions of up to five years on their financial gains, has begun this month. Banks and securities houses are rushing to promote sales campaigns to encourage individual investors ...

Sojitz to focus investment on nonresource business

Jan 10, 2014

Sojitz to focus investment on nonresource business

Sojitz Corp. plans to have 60 percent of its investments directed at nonresource areas such as food, said Yoji Sato, president of the major trading house. While it is still necessary to engage in resource areas to a certain extent, investment is expected to ...

Jan 6, 2014

Average cost for TSE stock: ¥324,000

The minimum cost for purchasing an issue listed on the first section of the Tokyo Stock Exchange was ¥324,000 on average at the end of 2013, a recent tally shows. That’s 25.6 percent higher than the ¥258,000 logged in 2012, but the gain is ...

Myanmar's capital less of a ghost town

Dec 14, 2013

Myanmar's capital less of a ghost town

by Denis D. Gray

Watched around the clock, pampered and bathed twice a day, five white elephants are munching on choice greenery in Myanmar’s vast, remote and surreal capital. Above them soars a shimmering gold-plated pagoda. From ancient times, Myanmar’s rulers regarded these rare albino animals as sacred ...

Dec 2, 2013

Capital spending up second quarter as low yen ups profits

Capital spending by Japanese firms rose for the second straight quarter in the July-September period, as the weaker yen helped bolster corporate profits, prodding companies to beef up investment, the government said Monday. Business investment by all nonfinancial sectors for purposes such as building ...