Tag - investments

 
 

INVESTMENTS

The Bank of Japan headquarters in Tokyo. The central bank has yet to step into the real estate investment trusts market this year, after purchases every year since 2010 to help lower risks in the property market.
BUSINESS
Nov 22, 2023
BOJ pulls back from risk asset buying in sign of normalization
The lack of buying comes amid simmering speculation that the Bank of Japan will scrap its negative interest rate and control of government bond yields.
Prime Minister Fumio Kishida and Chinese President Xi Jinping pose for a family photo during Asia-Pacific Economic Cooperation Summit in San Francisco on Nov. 16
BUSINESS / Companies
Nov 21, 2023
Less than 30% of Japanese firms plan China expansion: survey
Many Japanese businesses have been put off by economic slowdown, increasing competition and geopolitical tension.
Taiwan Semiconductor Manufacturing Co.'s factory currently under construction in Kikuyo, Kumamoto Prefecture
BUSINESS / Tech
Nov 21, 2023
TSMC eyes third Japan chip plant with cutting-edge 3 nanometer tech
Another plant in Japan, this one making advanced 3-nanometer (3nm) chips, would potentially turn Japan into a major global chipmaking hub.
Japan’s first trading of digital securities will begin next month in the form of security tokens issued by real estate firms.
BUSINESS
Nov 21, 2023
Japan to start digital securities trading from December
The trading of security tokens issued by real estate firms Ichigo and Kenedix will begin on the Osaka Digital Exchange.
Japanese stock markets have already rallied to around their highest since 1990, with consumer and financial stocks outperforming domestic indexes.
BUSINESS / Economy / ANALYSIS
Nov 21, 2023
Japan's inflation comeback prompts investors to tear up playbooks
Investors are tearing up their playbooks to focus on expected higher interest rates, more generous dividends and a revival in consumer spending.
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.
A report by MSCI ESG Research showed that just one-tenth of MSCI Japan Index firms have reached the 30% female board member threshold that the government is seeking for top-listed businesses.
BUSINESS
Nov 20, 2023
Japan boards may struggle amid pressure for diversity, MSCI says
Just one-tenth of MSCI Japan Index firms have reached the 30% female board member threshold that the government is seeking for top-listed businesses.
Pacific Investment Management headquarters in Newport Beach, California. The bond giant says it has started building a long yen position.
BUSINESS
Nov 20, 2023
Pimco is buying yen to prepare for tighter BOJ monetary policy
The bond giant started building a long yen position when Japan’s currency weakened past ¥140 per dollar a few months ago.
The Humane Ai Pin’s interface is projected onto the hand of company co-founder Bethany Bongiorno in San Francisco on Oct. 27. Humane, a company started by two former Apple employees, says its new artificial intelligence pin can stop all the scrolling.
BUSINESS / Tech
Nov 13, 2023
Silicon Valley’s bet on the device that comes after the smartphone
Humane's Ai Pin is being billed as the first artificially intelligent device.
Mizuho Financial Group will raise its stake in Rakuten Securities to nearly 50%.
BUSINESS / Companies
Nov 9, 2023
Mizuho said to raise Rakuten Securities stake to almost 50%
The banking group plans to increase its investment in Rakuten’s online securities arm, which isn’t proceeding with an initial public offering for now.
SoftBank Group booked a ¥789 billion quarterly loss as it took a hit from the bankruptcy of WeWork.
BUSINESS / Companies
Nov 9, 2023
SoftBank books ¥789 billion quarterly loss
SoftBank's loss marks its fourth straight quarter in the red as the tech giant struggles amid a weak yen.
Buildings in Pudong's Lujiazui Financial District in Shanghai. China's yuan weakened past the closely watched 7.2-per-dollar level as investor sentiment soured on a lack of aggressive stimulus and Beijing signaled a level of comfort about the declines.
BUSINESS / Markets
Nov 9, 2023
China is struggling woo back foreign investors
The lack of investment among global firms in China may have far reaching effects on the world’s second-largest economy.
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.
A Nissan auto dealership in the Botafogo neighborhood of Rio de Janeiro, Brazil. The firm hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
BUSINESS / Companies
Nov 8, 2023
Nissan to invest $575 million in Brazil as it aims to double share
Nissan hopes to more than double its market share in Brazil, to 7% from the current 3.4% in 2026.
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.
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.
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.
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.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?