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July 04, 2025
 

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WEALTH

Bill Gates delivers a speech at the Global Solutions Summit in Berlin in May. He and his ex-wife Melinda Gates started the Bill & Melinda Gates Foundation, which has had a far-reaching impact on global health and sustainability.
COMMENTARY / World
Jul 5, 2024
The economics of philanthropy
Philanthropy can help bridge the gap between the haves and have-nots. But wealthy people need more of an incentive to give than just being altruistic.
Balaji Srinivasan addresses the Singapore Fintech Festival in November 2022. A techno-libertarian, Srinivasan, who made his name as an anti-government crusader, tried to attach himself to the U.S. government when he was under consideration for a position in the Donald Trump administration.
COMMENTARY / Japan
Jun 19, 2024
How techno-libertarians fell in love with big government
When faced with the prospect of the government becoming a major client for Silicon Valley techno-libertarians, once-principled opposition to state power dissipates.
Staff lower the Chinese national flag in the Central Financial District in Hong Kong in March. Hong Kong is an established trading hub for raising capital while Singapore excels in private wealth management.
COMMENTARY / World
Jun 19, 2024
Stop comparing Hong Kong to Singapore
Think of it this way: Hong Kong is where the Chinese can grow their wealth while Singapore is where they can preserve it.
Traffic at the Dubai International Financial Centre. Last year, it opened the DIFC Family Wealth Center, a registry for family offices that also offers advisory services, workshops, mentoring, dispute resolution and certification based on how "structured” their governance is.
BUSINESS / Companies
Jun 10, 2024
Dubai takes on Abu Dhabi in race for supremacy in family offices
Last year, the number of registered foundations in Dubai rose by 53%. In rival Abu Dhabi, the number jumped by 35%.
Wang YunHe's residence in Singapore, overlooking the country's premier shopping belt.
ASIA PACIFIC / Crime & Legal
Jun 1, 2024
Singapore wealth flows face new scrutiny in superhacker case
The case is a reminder of the difficult balancing act faced by Singapore and other financial hubs as they push to attract the world’s ultra rich.
The wealthy don’t live only in global glamour cities, and family offices are now popping up in places like Perth in Western Australia.
BUSINESS
May 28, 2024
Catering to the ultrarich is a booming business in Western Australia
After an almost two-decades-long mining boom, Perth has 64 centimillionaires, and family offices are now popping up in the city.
A Lamborghini Diablo SL automobile displayed at the company's event to mark the automaker’s 60th anniversary in Seoul in September 2023. While the boost in wealth among crypto investors was mostly poured into discretionary spending, a significant portion spilled into local housing markets, the researchers found.
BUSINESS / Markets
May 6, 2024
Lamborghini bros no more: Crypto is creating a new wealth effect
Study suggests that household spending out of crypto gains is more like the patterns from traditional equity investments, such as on home purchases.
Claudio de Sanctis, head of private bank at Deutsche Bank AG, during an interview in Singapore, on April 18
BUSINESS / Companies
May 3, 2024
Deutsche Bank unveils wealth targets after hiring push in Asia
Private banks are turning to the Middle East and Southeast Asia amid China's property crisis and a downturn in capital-market activity in Hong Kong.
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
JAPAN / Society
Apr 26, 2024
Japan wants you to spend more with ‘luxury tourism’
The country is looking to nudge affluent tourists to lesser-known destinations with the offer of unique experiences of culture, craftsmanship and nature.
The financial center of Panama City, Panama, in 2019. Starting Monday, 27 people will be tried over charges connected to the "Panama Papers" case.
WORLD / Crime & Legal
Apr 8, 2024
'Panama Papers' trial to begin eight years after tax scandal
Twenty-seven people have been charged with money laundering in connection with the tax evasion scandal.
High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
LIFE / Travel / Longform
Mar 25, 2024
Can Japan lure the jet-set class off the beaten path?
High-end travelers are looking for sustainability, wellness and adventure when they head abroad. Japan hopes to deliver in places other than Tokyo.
Attendees listen as Fernando Haddad, Brazil's finance minister, speaks virtually during the Group of 20 finance ministers and central bank governors meeting in Sao Paulo on Wednesday.
WORLD / Politics
Feb 29, 2024
Brazil urges 'new globalization' at G20 meet overshadowed by Ukraine
The meeting will lay the economic policy groundwork for the annual G20 leaders' summit to be held in November.
People walk past the Trump Building after a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York state for three years, in New York City on Friday.
WORLD / Politics
Feb 17, 2024
Trump keeps New York empire intact as judge rescinds asset-sale order
Former U.S. President Donald Trump was banned from doing business in New York for three years and ordered to pay $354 million for lying about his wealth.
Amazon CEO And Blue Origin Founder Jeff Bezos
BUSINESS / Companies
Feb 14, 2024
Jeff Bezos sells $4 billion of Amazon stock, avoiding $288 million levy
Moving to Florida, after Washington imposed a 7% gains tax, the world’s second-richest person offloaded 24 million shares over just four trading days.
Elon Musk
BUSINESS / Companies
Jan 31, 2024
Musk’s $55 billion Tesla pay package struck down, threatening status
Worth some $51.1 billion, Musk's Tesla options were one of his most valuable assets. Without them his net worth would drop to $154.3 billion.
Instead of hoping seats are free and scrambling to find luggage space on the shinkansen, what if you could fly charter across Japan on your next trip instead?
LIFE / Travel
Jan 13, 2024
Can charter flights connect rich tourists with rural Japan?
The tours, which fly to cities in western, central and northern Japan, will be priced from around ¥1.5 million per person for a group of four people staying two nights.
A new study challenges conventional wisdom on income inequality and questions if the top 1% are really pulling away.
COMMENTARY / World
Nov 21, 2023
America’s top 1% don’t make as much as you might think
A new study challenges conventional wisdom on income inequality and questions if the top 1% are really pulling away.
A Tiffany store in Shanghai. Luxury companies are targeting VIC's, or very important clients, as China's post-pandemic economic slowdown dries up the spending power of the middle class.
BUSINESS / Economy
Nov 20, 2023
Exclusivity the name of the game as firms target China's wealthiest
Brands are focusing on selling fewer, more valuable items, relying on luxury consumers.
Petr Aven in Moscow to attend Russia Business week in in 2018
WORLD / Crime & Legal
Nov 1, 2023
Squeezed by sanctions, some oligarchs head home to Putin's Russia
The penalties have destroyed the standing of many wealthy Russians abroad who remained silent or avoided direct criticism of Putin over the war.
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they feel overseas.
ASIA PACIFIC / Politics
Sep 22, 2023
China’s wealthy youth flock home as tensions with U.S. rise
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

SUSTAINABLE JAPAN

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Smile! It’s ‘Sanrio Time,’ now and ever after

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