Tag - investments

 
 

INVESTMENTS

SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023
SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt
The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
Shipping containers near the train station near the China–Laos border in Boten, Laos, on June 29. The Global Times, a newspaper backed by the China’s Communist Party, said the railway “connects hearts” and promotes development.
BUSINESS / Economy
Nov 7, 2023
China revamps lending to Global South as U.S. narrows spending gap
Beijing is moving away from the big bilateral deals in favor of collaborative lending that reduces its exposure to financial risk, a new report says.
NTT plans to test driverless vehicle technology with Toyota and invest in a U.S. startup.
BUSINESS / Companies
Nov 7, 2023
NTT to test driverless tech with Toyota and invest in U.S. startup
NTT aims to start tests with autonomous buses and taxis as early as 2025 and invest about ¥10 billion ($66.91 million) in U.S. startup May Mobility.
Panasonic Holdings' booth at the China International Import Expo in Shanghai
BUSINESS
Nov 7, 2023
Japanese firms vow to still invest in China despite slowing economy
Satoshi Shimizu, vice president of Muji operator Ryohin Keikaku, said the company plans to open some 50 new outlets per year in China.
Blackstone's headquarters in New York
BUSINESS / Companies
Nov 6, 2023
Blackstone sees most Asia deal activity in Japan and India in 2024
The world’s largest alternative asset manager expects India and Japan to be its most active markets in Asia next year based on capital allocation.
Chinese Premier Li Qiang speaks during the opening ceremony of the China International Import Expo in Shanghai on Sunday.
BUSINESS / Economy
Nov 5, 2023
China premier vows to boost imports and widen foreign market access
The Asian powerhouse's No. 2 official also vowed "to protect the rights and interests of foreign investors in accordance with the law."
Kyoto Financial Group's early bets on Nintendo and other Kyoto-based startups are now bringing huge gains to the regional bank.
BUSINESS / Companies
Nov 3, 2023
Early bets on Nintendo and Nidec yield big gains for Kyoto bank
Kyoto Financial Group has equity holdings worth almost ¥903 billion thanks to investments made decades ago.
A Tasaki jewelry store in Ginza, Tokyo
BUSINESS / Companies
Nov 2, 2023
MBK Partners to sell jewelry brand Tasaki for over $500 million
Alleged trade with Myanmar has limited the scope of potential bidders, sources said.
Great Wall Motor's Ora Good Cat electric vehicles are charged at the company's charging station at Siam Square in Bangkok
BUSINESS / Economy
Oct 27, 2023
Thailand bets on EVs to draw trillion baht in investment
The country has set up a "special operation” center to catch what its investment board head calls the "big fish” of the EV industry.
Nomura's majority-owned joint venture in China has struggled to grow since its launch in 2019.
BUSINESS / Companies
Oct 26, 2023
Nomura reviews business plan for mainland China as losses rise
The move comes as a further blow to the top Japanese investment bank's global expansion strategy.
The Bank of Japan headquarters in Tokyo. Nearly 40% of respondents of the latest Bloomberg Markets Live Pulse survey said Treasurys will face the most severe impact from the BOJ shifting away from superaccommodative policy.
BUSINESS
Oct 23, 2023
When Japan ends negative rate policy, Treasurys will suffer
The Bank of Japan is likely to unwind its unusual policy of subzero rates during the first half of 2024.
The Taiwan Semiconductor Manufacturing Co. logo atop a building at the Hsinchu Science Park in Hsinchu, Taiwan
BUSINESS / Companies
Oct 20, 2023
‘Sell TSMC, buy ASML’ gains traction as China-Taiwan risks grow
Because TSMC’s operations are mostly in Taiwan, it faces heightened geopolitical hazards. ASML, meanwhile, stands to benefit from the fragmentation.
Chinese President Xi Jinping during the opening ceremony of the Belt and Road Forum in Beijing on Wednesday
ASIA PACIFIC / Politics
Oct 20, 2023
Europe’s snub turns Xi’s Belt and Road into Global South party
The Chinese leader appears to have reformed the initiative as a club for emerging economies known as the Global South.
The number of skiers and snowboarders in Japan has been declining, and is down about 75% in 2020 from its peak in the late 1990s, according to the Japan Productivity Center.
BUSINESS
Oct 17, 2023
Skiing in Japan is getting a $1.4 billion upgrade
Ken Chan, the former Japan head of Singapore sovereign wealth fund GIC, aims to invest $1.4 billion in the resort of Myoko, Niigata Prefecture.
Thanks to a rally in Japanese stocks, even some "bad governance” companies have been unfairly benefiting from the wave, a fund manager has said.
BUSINESS / Markets
Oct 16, 2023
Time to short Japan’s ‘bad governance’ stocks, hedge fund says
A rally in Japanese stocks has unfairly benefited companies that are flouting the bourse’s campaign to boost valuations, according to a fund manager.
There are expectations that Japan’s life insurers may increase purchases of Japanese government bonds as yields rise at home along with signs that the central bank is edging toward a normalization of monetary policy.
BUSINESS / Markets
Oct 13, 2023
Japan’s rising yields and yen hedging costs drive insurers to JGBs
Japanese government bonds are drawing interest amid signs that the central bank is edging toward a normalization of monetary policy.
Climate activists protest demanding that the World Bank stop fossil fuel financing on the first day of the annual meeting of the International Monetary Fund and the World Bank, in Marrakech, Morocco, on Monday
ENVIRONMENT / Energy / ANALYSIS
Oct 13, 2023
Why money matters when taking climate change to court
More litigation funding for climate lawsuits could mean more cases.
Pudong's Lujiazui Financial District in Shanghai in August
BUSINESS / Economy
Oct 13, 2023
Most Japanese companies pessimistic on China’s economy
A quarter of firms said they wouldn’t invest in China this year, while another 22% said they would reduce the amount they invest, a report has shown.
Fundamentals bode well for financial firms amid speculation the Bank of Japan will move toward ending negative rates, with banks and insurers among the best performers on the Topix, climbing more than 30% since the start of April.
BUSINESS / Markets
Oct 11, 2023
Buffett watchers tout Japan financial firms as next value play
The famed U.S. investor is known for taking long-term stakes in companies with low valuations, which many Japanese insurers and banks have.

Longform

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