NEWSWORTHY
Publicly traded Japanese firms' purchases of their own shares are expected to hit a record high in fiscal 2018, which ends next month, as they are increasingly focusing on the interests of shareholders. These firms' planned share buybacks for fiscal 2018 as of Sunday grew ...
Record $135 billion loss by Japan's pension fund shows shifting from bonds to stocks has a cost
A record quarterly loss at the world's largest pension fund is prompting a debate on whether its shift to stocks from bonds was excessive. Domestic debt held by Japan's Government Pension Investment Fund returned 1 percent in the three months ended Dec. 31, while the ...
With the G20 facing numerous challenges, do the summit's engagement groups have the answers?
In the run-up to the Group of Twenty Leaders’ Summit in Osaka in late June, several related meetings of what are known as engagement groups are scheduled to take place in Tokyo and around the country. One of the more influential engagement groups is ...
SoftBank's giant debt burden looks worse than it actually is, analysts say
As SoftBank Group Corp. continues its transformation into a giant investment fund, some analysts are increasingly watching a metric more familiar to lenders as they judge its creditworthiness. And by that gauge, they say, its massive debt pile looks manageable. SoftBank's loan-to-value ratio, its net ...
Japan is back as a top global contender
Japan's newfound globalization marks a success for Abenomics because it has made Japan strong again both at home and abroad.
Malaysia still in talks with china over $20 billion rail project: report
Talks for a $20 billion Malaysian rail project are still ongoing, with the Southeast Asian nation expecting to make a decision "as soon as possible," the Star newspaper reported, citing Prime Minister Mahathir Mohamad. Mahathir said the status of the East Coast Railway Link is ...
Japan Investment Corp. at risk of becoming another 'zombie' rescue fund after METI's intervention
Japan's largest public-private fund, Japan Investment Corp., once had an ambitious mandate to aggressively pursue investments in next-generation businesses. Now it is inactive after all nine of its private-sector board members resigned last month in a revolt against the government. It has even been accused ...
BlackRock data leak affecting thousands also ensnared Envestnet advisers
Financial advisers served by technology provider Envestnet Inc. were among the thousands affected by a data leak at BlackRock Inc., the world's largest asset manager. Envestnet was informed by BlackRock that some adviser information was inadvertently released, Estee Jimerson, managing director and head of asset ...
Japan's embattled Pioneer wins shareholder approval for capital injection from new Hong Kong owners
Shareholders of auto electronics-maker Pioneer Corp. approved Friday a capital injection of around ¥102 billion ($930 million) from a Hong Kong-based private equity fund. The struggling company will become fully owned by Baring Private Equity Asia as early as March, with its shares likely to ...
Japanese firms pick Vietnam as Asia's top investment spot, with India a distant second
Japanese firms operating in Asia see Vietnam as the most attractive investment destination in the region, thanks to the country's high economic growth as well as its strengthening position as a production hub and its large consumer market, an NNA survey shows. Of 630 respondents ...
Yen's recent surge a red flag for world markets and global economy in 2019
A gradual rise by the yen in recent weeks culminated in a dramatic surge — firing a warning shot for world markets and the global economy in 2019. Historically, outsized gains in short periods, such as the Russian default in 1998 and the global market ...
Nine private-sector executives from the Japan Investment Corp. quit after the government deemed their remuneration package was too high.
