NEWSWORTHY
China moving slowly into Hokkaido
Chinese money is pouring into Hokkaido at a much greater scale than imagined. In his recent visit to the island prefecture, Chinese Premier Li Keqiang attended a forum of Japanese prefectural and Chinese provincial governors in Sapporo on May 11, but a Chinese diplomatic ...
Deepening financial integration in Asia
Capital-rich Japan has been relatively inactive in promoting capital market financial integration.
Buy what you like, sell what the market fancies: Top collectors reveal how to make a fortune in art
Andy Warhol once said: "Making money is art." But what about making money from art? A boom in the global market has delivered some eye-popping returns in the past few years, drawing new collectors keen to invest in an asset class that offers cultural as ...
U.S. Treasury mulls emergency powers to curb Chinese investments: official
The U.S. Treasury is considering ways to restrict Chinese investments in the United States by utilizing an emergency powers law and enacting parts of security review legislation with an executive order, a senior Treasury official said on Thursday. Heath Tarbert, Treasury's assistant secretary for international ...
Nippon Life to acquire 5% stake in Deutsche Bank unit and send representative to join new board
Nippon Life Insurance Co. said Monday it has inked a deal with Germany's Deutsche Bank to acquire a 5 percent stake in the company's asset management unit. The Japanese life insurer, hoping to boost its asset management business, is expected to invest around ¥40 billion ...
More funds spurn nuclear arms, although financing still strong: report
The number of pension funds and asset managers that refuse to invest in nuclear armament-makers appears to be growing, although financing is still abundant, an annual survey by anti-nuclear campaigners said Wednesday. The report, entitled "Don't bank on the bomb," found that 22 financial institutions ...
In the peaceful French village of Thiel-sur-Acolin, retired farmer Marc Bernardet is ambivalent about having a Chinese billionaire for a neighbor. Over the past four years Hu Keqin has quietly snapped up 3,000 hectares of wheat fields in the central Indre and Allier regions, including ...
The venture capital community has been fretting about the impact SoftBank Group Corp.'s giant tech fund has on deal prices. The Japanese company says to be grateful. "It's good for investors if valuations go up as they can exit at those prices," said Rajeev Misra, ...
Cryptoprofits are taxable — have you filed?
Many people probably gambled on the cryptocurrency investment boom last year, and some might even have been lucky enough to earn a fortune. But any profits come at a price. In December, ahead of the annual tax return season from Feb. 16 to March 15, ...
SoftBank-led group completes acquisition of Uber stock worth $9.3 billion
The completion of SoftBank Group Corp.'s deal with Uber Technologies Inc. has triggered a slate of governance reforms at the ride-hailing company. Uber shareholders sold holdings worth about $8 billion (about ¥888 billion) at a discounted price to a group of investors led by SoftBank, ...
China's modern Silk Road hits political and financial hurdles
China's plan for a modern Silk Road of railways, ports and other facilities linking Asia with Europe hit a $14 billion pothole in Pakistan. Pakistan's relations with Beijing are so close that officials call China their "Iron Brother." Despite that, plans for the Diamer-Bhasha Dam ...
Renault-Nissan-Mitsubishi plans $1 billion fund for auto tech startups
The world's largest automotive alliance will invest as much as $1 billion (about ¥112 billion) to fund mobility startups over the next five years, as it looks to make inroads with new technology at a time of rapid upheaval for the transportation sector. Carmaking partners ...
