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 ...

GPIF would be 'stupid' to give asset goals first, Ito says

Oct 17, 2014

GPIF would be 'stupid' to give asset goals first, Ito says

The governmental ¥128 trillion retirement fund would be “stupid” to announce its new investment strategy before adjusting asset allocations, says Takatoshi Ito, a top adviser to the Abe administration on overhauling public pensions. Publishing target weightings in advance would move markets, forcing the Government ...

Sep 2, 2014

Modi touts India as vast market for Japanese firms

by Masaaki Kameda

Visiting Indian Prime Minister Narendra Modi called Tuesday on Japanese companies to tap into Indian markets, stressing the South Asian nation has three important elements when it comes to business: democracy, human resources and vast demand. Speaking in front of more than 1,500 people ...