NEWSWORTHY
Japan's current account surplus rose in first half of 2018 on foreign investments
Japan's current account surplus increased in the first half of 2018 thanks to increased returns on foreign investments, government data showed Wednesday. The country's current account, one of the widest measures of international trade, was ¥10.84 trillion ($97 billion) in the black, with the margin ...
Nippon Life to stop financing coal-fired power
Nippon Life Insurance Co. will no longer extend loans for, or invest in, coal-fired power plants due to environmental concerns, an official at Japan's biggest life insurer said, in the first such move by a major domestic institutional investor. Japanese banks in recent months have ...
Japan reported a current account surplus of ¥1.94 trillion ($17.6 billion) in May, marking the 47th straight month of black ink thanks to a surge in returns on foreign investments, government data showed Monday. The surplus in the current account — one of the widest ...
Japan's Financial Services Agency sees need to protect elderly investors
The Financial Services Agency has released an interim report pointing out the need to better protect elderly investors as life expectancy continues to rise. The agency released the report Tuesday with a goal of improving investment conditions for the elderly by helping them manage and ...
More investors engaging in the battle against climate change: PRI chairman
Global investors are becoming more aware of the risk of the global warming and thinking that their investments can function as a spearhead to counter the problem, said the head of the world's leading organization that advocates responsible investment. "I think investors understand that, more ...
Hedge fund's bets on unpopular, cash-rich Japan firms yields pretty profits
An Oslo-based hedge fund's love for unloved Japanese stocks has proved to be a rewarding passion for more than a decade. "Our model is good at identifying companies that shouldn't be listed," said Trond Hermansen, who manages Sector Zen with analyst Lars Solberg, in an ...
Global investment firm KKR's & Co. sees Japan as top investing priority
Global investment firm KKR & Co. is focused on Japan as a top priority for investing in private equity because it offers cheaper valuations than other countries. The New York-based company is finding interesting opportunities in Japan where there is less competition, lower-cost financing for ...
Sony backs maker of instrument that RZA and Grimes can't live without
Sony Corp.'s venture capital arm is backing Roli, the maker of digital musical instruments like the Seaboard that have attracted stars including Wu-Tang Clan rapper RZA and Canadian artist Grimes. CEO Roland Lamb described the funding from the Sony Innovation Fund as a "significant investment ...
Japanese investment in Myanmar reached an all-time high of about $1.48 billion in fiscal 2017 following the nation's transition from military to civilian rule in 2011, boosted by large-scale commercial complex and steel manufacturing projects. According to Myanmar's Ministry of Planning and Finance, Japanese investment ...
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 ...
