Tag - investments

 
 

INVESTMENTS

Toru Nakashima, CEO of Sumitomo Mitsui Financial Group, says he is considering an expansion of the bank’s alliance with Jefferies Financial Group into Asia.
BUSINESS / Companies
Feb 27, 2024
Sumitomo Mitsui may expand Jefferies pact into Asia amid focus overseas
The partners won more than 30 deals since expanding their tie-up last year, in which Sumitomo Mitsui agreed to triple its stake in the U.S. bank.
Asahi Group Holdings chief executive Atsushi Katsuki
BUSINESS / Companies
Feb 26, 2024
Asahi eyes overseas acquisitions to quadruple sales of Super Dry beer
Spurred on by the need to seek growth outside of the shrinking home market, Japanese firms went on an overseas buying spree worth ¥8.1 trillion last year.
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway
BUSINESS / Companies
Feb 26, 2024
Warren Buffett endorses Japan trading firms in letter, boosting shares
Buffett’s letter to stakeholders said that the five trading companies have reduced the number of their outstanding shares at "attractive” prices.
Warren Buffett
BUSINESS
Feb 25, 2024
Buffett ups his holdings of Japanese trading houses to about 9%
Berkshire first announced its stakes in the trading houses in 2020 with the intention of holding them long-term and increasing them to as much as 9.9%.
BUSINESS / Tech
Feb 24, 2024
Chip giant TSMC shifts away from hot spot Taiwan with Japan plant
The chipmaker's new plant in Kumamoto will boost the resilience of global supplies of the crucial hardware, founder Morris Chang told an opening ceremony.
Jeff Bezos — the world’s second-richest person, according to the Bloomberg Billionaires Ranking — is investing in a business that’s developing human-like robots.
BUSINESS / Tech
Feb 24, 2024
Bezos and Nvidia join OpenAI in funding humanoid robot startup
The startup Figure AI is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion.
South Korean President Yoon Suk-yeol speaks during an interview at the Presidential Office in Seoul on Feb. 4. Yoon has been working to cheer domestic retail investors, who have been heavy sellers of Seoul shares.
BUSINESS / ANALYSIS
Feb 23, 2024
Seoul hopes Japan stock playbook can narrow 'Korea discount'
Reforms floated last month by South Korean President Yoon Suk-yeol may not continue to boost the Seoul bourse, analysts say.
Gunma Bank's video message in English is geared toward those from overseas who are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
BUSINESS / Companies
Feb 22, 2024
English video shows Japanese regional banks opening up to overseas investors
Foreigners are flocking to Japan to buy up stocks, bonds and real estate as the nation’s assets emerge from decades of slumber.
The volume of mergers and acquisitions linked to Japan has grown 43% so far this year.
BUSINESS / Companies
Feb 22, 2024
Japan sees dealmaking boom as mergers and acquisitions rise 43%
A strong stock market is giving companies more scope for acquisitions at a time when the government and investors are pressuring firms to bolster growth.
A Rapidus factory construction site in Chitose, Hokkaido, in December
BUSINESS / Tech
Feb 21, 2024
Japan’s chip spree aims to kick economy into high gear
The government’s chip strategy aims to triple domestic chip sales to around ¥15 trillion by 2030.
An advertisement for the Nippon Individual Savings Account (NISA) at a Mizuho Bank branch, a unit of Mizuho Financial Group, in Tokyo on Jan. 31.
BUSINESS / Markets / FOCUS
Feb 19, 2024
Turning the tide? Japan warms up to becoming an asset management hub.
The beefing-up of the NISA program alongside a new policy plan by the government shows its commitment toward getting households to invest.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo in October.
BUSINESS / Tech
Feb 17, 2024
Masayoshi Son aims to launch a $100 billion AI chip venture
The SoftBank Group founder is looking to create a chip venture to compete with Nvidia and supply semiconductors essential for AI.
The decisions by JPMorgan and State Street to quit a global investor coalition will collectively remove trillions of dollars from efforts to coordinate Wall Street action on climate change.
BUSINESS / Companies
Feb 16, 2024
JPMorgan and State Street quit climate group as BlackRock steps back
Financial firms have faced growing pressure from Republican politicians over their membership in such groups.
Taiwan Semiconductor Manufacturing Co.'s first Kumamoto plant in the town of Kikuyo, Kumamoto Prefecture, on Feb. 10
BUSINESS / Companies
Feb 16, 2024
Japan boosts aid to chip projects amid global race
Prompted by concerns, the government acted swiftly to prevent the potential loss of domestic production bases.
Masayoshi Son, chairman and chief executive officer of SoftBank Group. One of SoftBank's primary objectives will be to harvest returns from its huge portfolio rather than priming unprofitable startups for growth.
BUSINESS / Companies
Feb 14, 2024
SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing
As other tech investors have heaped money into new artificial intelligence firms, Vision Fund has stayed out of the fray.
An advertisement for the new Nippon Individual Savings Account in Tokyo in January
BUSINESS / Companies
Feb 9, 2024
Revamp of tax-free investments in Japan spurs jump in accounts
The creation of the new savings accounts is one of a slew of measures to lure more buyers to the Japanese market.
SoftBank Group booked a profit for the December quarter after four straight quarters of losses.
BUSINESS / Companies
Feb 8, 2024
SoftBank swings to profit lifted by T-Mobile windfall
SoftBank recorded its first profit after four straight quarters of losses, backed by a rebound of the Vision Fund and gains from T-Mobile shares.
BUSINESS / Companies
Feb 7, 2024
KDDI to raise stake in Lawson to jointly run convenience chain
Japan's second-largest mobile carrier currently holds 2.1% of shares but will invest about ¥500 billion to increase its stake through a tender offer.
Workers install components on a RAV4 hybrid sport utility vehicle at the Toyota manufacturing plant in Georgetown, Kentucky.
BUSINESS / Companies
Feb 7, 2024
Toyota boosts spending on EV production in U.S. by $1.3 billion
The automaker said the added spending is earmarked for its first U.S.-made EV and other unspecified battery-powered models.
The National Stock Exchange of India building in Mumbai, India. Japanese investors are increasingly shifting their focus to the Indian stock market on bets that the South Asian nation will be the next China.
BUSINESS / Markets
Feb 2, 2024
Japanese retail investors pile billions into Indian equities
In contrast, flows into Chinese shares have dropped the most among 14 emerging markets covered by Japan’s data on international investment positions.

Longform

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