May 26, 2017

Japan's 2016 net external assets rose to second-largest on record

Japan's net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by the government, businesses and ...

Jan 4, 2017

In shift away from JGBs, Nippon Life looking to acquire U.S. firms

Nippon Life Insurance Co. President Yoshinobu Tsutsui has indicated that his company will consider targeting mainly U.S. life insurers and asset management companies under its business acquisition strategy abroad. The United States has a wide range of companies and strong growth potential, Tsutsui said in ...