Tag - wealth

 
 

WEALTH

Japan Times
BUSINESS
Sep 30, 2020
How the world’s most expensive skyscraper deal turned sour
The background of the investors behind the record-breaking deal drew as much interest as the transaction itself.
Japan Times
WORLD
Sep 21, 2020
In SUVs and on planes, richest 1% drive climate-heating emissions
The coronavirus pandemic has, though, opened the door to new, progressive policies to help tackle climate change.
Japan Times
BUSINESS
Aug 29, 2020
World’s richest people smashed wealth records this week
It’s been one of the most lucrative weeks in history for some of the world’s wealthiest people.
Japan Times
BUSINESS / ANALYSIS
Aug 21, 2020
Virus grounding of Asia's private bankers erodes wealth management trade
Private bankers in Hong Kong and Singapore have had their wings clipped by the pandemic, thwarting their pursuit of millionaires scattered across a region where wealth is growing faster than anywhere else.
Japan Times
BUSINESS / Economy
Aug 12, 2020
China’s recovery threatened by surging prices and stagnant wages
First the pandemic and now floods are slashing the spending power of Chinese households this year, as stagnant incomes and rising costs undermine the strength of the domestic recovery.
Japan Times
JAPAN
Aug 9, 2020
U.N. goals crucial as pandemic-linked inequities rise, business leaders say
United Nation's sustainable development goals said key to global peace as the coronavirus pandemic exacerbates social and economic inequalities in Japan and across the globe.
Japan Times
ASIA PACIFIC
Aug 6, 2020
Lost Seoul: Middle-class dreams spoiled by soaring house prices
Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seung-min asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: buying their own apartment.
Japan Times
WORLD / Crime & Legal
Jul 20, 2020
Mystery of Ghislaine Maxwell’s wealth hangs over sex-abuse case
Evidence of great wealth on Maxwell's part could bolster prosecutors' depiction of her as fully complicit in Jeffrey Epstein's crimes.
Japan Times
ASIA PACIFIC / FOCUS
Jul 18, 2020
Hong Kong’s yawning wealth gap grows wider amid pandemic
Hong Kong is emerging as a case study of how the coronavirus pandemic is affecting vulnerable members of society, as tens of thousands have been thrown out of work with little social safety net to support them in one of the world’s most unequal and expensive cities.
Japan Times
BUSINESS / Companies
Jul 10, 2020
SoftBank’s Masayoshi Son defies critics to engineer record fortune
It is the first time the 62-year-old's fortune has topped $20 billion since January 2013, when the Bloomberg Billionaires Index first started tracking his wealth.
Japan Times
BUSINESS / Companies
Jul 3, 2020
Jack Ma’s rival saw his wealth surge by $25 billion. Then he quit
Colin Huang, who has overseen the firm as its American depositary receipts have more than quadrupled in less than two years, has stepped down as chief executive officer.
Japan Times
BUSINESS
Jun 24, 2020
Fast Retailing chief to donate ¥10 billion for medical research
Fast Retailing Co. Chairman and CEO Tadashi Yanai said Wednesday he will donate ¥10 billion ($94 million) to Kyoto University to support its medical research under two Nobel Prize winners, Tasuku Honjo and Shinya Yamanaka.
Japan Times
ASIA PACIFIC
Jun 22, 2020
South Korea's wealthy, passed over by pandemic pain, splurge on Porsches and BMWs
In many ways, experts say, the rising sales of imported cars illustrate the widening wealth gap during the pandemic in South Korea.
Japan Times
ASIA PACIFIC
Jun 19, 2020
Thailand aims to turn away from mass tourism and target wealthy
Thailand’s tourism-revival strategy is to target big spenders seeking privacy and social distancing in the COVID-19 era, rather than try to attract a large number of visitors.
Japan Times
BUSINESS / Tech
Jun 11, 2020
Founder of software company who turned down SoftBank joins ranks of Japan’s billionaires
Masayoshi Son had offered to buy Shunji Sugaya's business idea for $2.8 million.
ASIA PACIFIC
May 26, 2020
Rich Chinese snapping up luxury homes from Singapore to Sydney
Rich Chinese investors are finding luxury real estate is a good hiding place from the economic fallout of the coronavirus.
Japan Times
BUSINESS
May 8, 2020
Singapore expats ask for rent cuts as employers tighten belts
Singapore expats are often envied for their generous pay packets but facing the prospect of salary cuts as the coronavirus batters businesses, some are tightening their belts and asking for lower rent.
Japan Times
ASIA PACIFIC
Apr 28, 2020
The British expat paying $7,000 a month to swim in Singapore’s lockdown
Not helping any with Singapore’s image as home to a bunch of crazy-rich Asians comes the almost too-ridiculous-to-be-true story of a man who rented a swimming pool for 10,000 Singapore dollars ($7,040) a month.
Japan Times
WORLD
Apr 22, 2020
‘We needed to go’: Rich Americans activate pandemic escape plans
As coronavirus infections tore across the U.S. in early March, a Silicon Valley executive called the survival shelter manufacturer Rising S Co. He wanted to know how to open the secret door to his multimillion-dollar bunker 11 feet underground in New Zealand.
Japan Times
WORLD / Politics
Mar 21, 2020
Mike Bloomberg gave almost $1 billion to his presidential campaign
Mike Bloomberg put a record $935 million into his short-lived Democratic presidential campaign through February, including $474 million last month alone, according to his monthly Federal Election Commission filing on Friday.

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