Nov 4, 2015

Toyota, two firms to help ventures developing new technologies

Toyota Motor Corp. and two other companies will invest a total of ¥13.5 billion ($111 million) in a new fund to support venture companies developing next-generation technologies, the firms said Wednesday. Toyota, Sumitomo Mitsui Banking Corp. and asset management company Sparx Group Co. will ...

Oct 31, 2015

China mulls allowing individuals to invest more abroad

China is considering relaxing limits to allow individuals to invest overseas in stocks and property, the central bank said, which would potentially unleash a flood of money if the government loosens strict capital controls. The country keeps a tight grip on outflows of funds ...

China's graying migrants have stash of money ready to spend

Oct 30, 2015

China's graying migrants have stash of money ready to spend

Migrant worker Guo Huailiang is planning to live it up a bit in his retirement. After 19 years living in cramped quarters in Beijing, rising at 5:30 a.m. for a 12-hour shift, the 52-year-old construction worker is socking away money that will allow him ...

China courts hardline Myanmar party

Oct 16, 2015

China courts hardline Myanmar party

A powerful ethnic nationalist politician from one of Myanmar’s poorest and most volatile regions said Chinese officials made him an irresistible offer during a recent visit to the country: Ask for anything, and we’ll give it to you. Beijing’s courting of Aye Maung, chairman ...

Oct 9, 2015

Tax cuts may be axed in bid to spur investment

The government is considering ending tax cuts to reduce burdens for corporate investment in order to enhance productivity at the end of March 2017, sources close to the matter said. With the change, the government expects an increase of around ¥300 billion to ¥500 ...