NEWSWORTHY
Diversification, integration and the roles of trader and investor
There are some who have explained, in somewhat academic terms, the sōgō shōsha's upstream-downstream integration process by dividing it into two concepts: "diversification" and "integration." Weight of nontrading roles Simply, what is occurring is the business divisions' units are applying and combining such nontrading functions as ...
Inbound investment to Japan continues on upward trend driven by Asian neighbors
The total value of foreign direct investment (FDI) into Japan increased to ¥28.6 trillion in 2017, bringing the country a step closer to meeting Prime Minister Shinzo Abe's goal of doubling such investment to ¥35 trillion by 2020, according to the Japan External Trade ...
Chinese businesses face resentment and terror attacks in Pakistan
An attack on a diplomatic mission in Karachi last week shows the risks Chinese businesses face as they expand across Pakistan in the face of growing resentment over Beijing's influence in the economy. As Pakistan becomes more indebted to China and an economic crisis worsens, ...
With an eye on China, EU agrees on investment screening rules
The European Union provisionally agreed Tuesday on rules for a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China, to end what a negotiator called "European naivety." Negotiators for the European Parliament and the EU's 28 member states struck a deal ...
Rock, investment, paper: Goldman Sachs to buy stake in startup making paper from limestone
Goldman Sachs Group Inc. is buying a stake in TBM Co., a startup that has become known for its technology that turns limestone into paper. The two parties confirmed the deal on Thursday. TBM, which makes business cards, posters, catalogs and stickers from limestone, is ...
SoftBank Group Corp. is continuing to push money into one of its biggest investments: WeWork Cos. The New York-based co-working company signed a $3 billion warrant with SoftBank, WeWork said Tuesday in a discussion of its third-quarter earnings. SoftBank agreed to pay $3 billion to ...
Japan's pro sports clubs see investment boost ahead of 2020 Games
Japan's professional sports clubs are attracting a wave of investment, as a fitness club, clothing chain operators and entrepreneurs look to cash in on the sports world's potential ahead of the 2020 Games. At the training camp of J. League first division soccer side Shonan ...
Saudi Arabia said it signed $56 billion in deals at an investment conference this week and expected the United States to remain a key business partner despite a partial boycott of the event over the killing of Saudi journalist Jamal Khashoggi. More than two dozen ...
Nomura Holdings planning ¥100 billion fund with Chinese firm
Nomura Holdings Inc. is planning to establish a fund of over ¥100 billion with Beijing-affiliated China Investment Corp. to help companies from both countries expand businesses, a source close to the matter said Tuesday. They aim to reach a basic agreement to coincide with Prime ...
In Japan, the growing number of dementia sufferers hold a vast pool of idle wealth
The country's growing ranks of dementia sufferers are sitting on a mountain of frozen assets, creating personal dilemmas for loved ones fretting over how to handle that money and a drag on the nation's economic prospects as the vast pool of wealth lays idle. The ...
British billionaire Richard Branson said on Thursday that his Virgin Group would suspend its discussions with Saudi Arabia's Public Investment Fund over a planned $1 billion investment in the group's space ventures, in light of events involving missing Saudi journalist Jamal Khashoggi. "What has reportedly ...
