Business Apr 18, 2022
Insurance system covering all workers to be discussed in Japan
The government aims to lay out the direction for the insurance system around June and have it reflected in its basic economic and fiscal policy guidelines.
Business Apr 13, 2022
Kishida to tap public pension funds for startups in 'new capitalism' push
by Isabel Reynolds and Yasutaka Tamura
The prime minister has said he’ll create a route allowing the Government Pension Investment Fund — the world’s largest of its kind — to support startups and venture capital.
National / Crime & Legal Nov 5, 2021
More than 20 printing firms to be fined for bid-rigging in Japan
The companies, including Toppan Forms Co., Kyodo Printing Co. and Nakabayashi Co., are accused of bid-rigging for contracts with the Japan Pension Services, sources say.
National Oct 7, 2021
Recipients were sent other people's personal information, including their pension numbers, payment amounts and the names of linked financial institutions.
National Sep 24, 2021
Pension system reform emerges as important LDP election issue
Kono called for creating a guaranteed minimum portion of public pension that is completely funded by tax revenues instead of premiums.
Business Apr 12, 2021
Japan's GPIF, forerunner on ESG investing, pulls back as trend catches on
by Shoko Oda, Emi Urabe and Chikafumi Hodo
Constrained by stricter legal restraints, the world's top pension fund has largely been quiet on impact investing since appointing a new chief investment officer in April 2020.
Business / Financial Markets Mar 31, 2021
World’s top pension fund faces moment of truth on China debt
by Chikafumi Hodo
The GPIF’s decision will also be crucial for other Japanese public and private pension funds which have been mulling opportunities to invest in Chinese government debt.
National Oct 25, 2020
The government will release an initial estimate in December before finalizing the figure next year but it is likely to strike a record low for the fifth consecutive year.
Business Mar 3, 2020
The government decided Tuesday to reform the pension system by expanding the range of part-time workers who can join the kōsei nenkin public pension program for corporate employees. The measure is aimed at increasing the number of people, especially women and elderly workers who tend ...
Business / Tech | Commentary Feb 5, 2020
Robots, including one by Sony, are coming for fund management jobs
by Mark Gilbert
Remember Aibo, the computerized dog Sony Corp. started selling in 1999 as the first personal robot? Hiro Mizuno, the chief investment officer of the Government Pension Investment Fund, does. So he asked Sony's computer science lab unit to build him a cyberhound using artificial ...
Business Jan 16, 2020
War of attrition: Macron plans to financially grind down French strikers
When French trade unions declared a nationwide strike to protest against planned pension reforms, Nicolas, a 34-year-old maintenance technician with the Paris metro, went on strike for three straight weeks. Then he went back to work. "It was a financial thing," he said as he ...
Business / Economy Jan 10, 2020
French unions take to streets in make-or-break pension protest
French trade unions disrupted rail services, cut power output and brought demonstrators onto the streets in cities across France on Thursday in a make-or-break push to force President Emmanuel Macron to abandon his planned pension reform. The country's hard-left unions rallied supporters hoping to regain ...