Tag - investments

 
 

INVESTMENTS

The Financial Services Agency said in its annual policy guidance that overseas real estate is among the credit risks to watch this year and that it will assess major banks' "situation of loans” made in this sector.
BUSINESS
Aug 30, 2023
Japan regulator to evaluate banks’ commercial property exposure
Commercial real estate has become one of the highest-profile asset classes hit by rapid rate hikes.
Pham Minh Chinh, Vietnam's prime minister, at a summit in Brussels in December 2022
ASIA PACIFIC / Politics
Aug 28, 2023
Flagging growth fuels tensions clouding Vietnam premier’s future
Despite some successes, failure to hit the country's ambitious growth target could be career-damaging for PM Pham Minh Chinh.
Robust demand from visitors for lodgings and rising prices in Japan create an ideal scenario to fuel a boom for investment in hotels.
BUSINESS
Aug 23, 2023
Goldman, KKR and Blackstone join investor rush for Japan hotels
Compared with before the pandemic, visitors to Japan are spending more, with most of that money going on lodgings and hospitality.
More investors in the Tokyo stock market are beginning to see higher pay as a useful barometer of a company’s strength.
BUSINESS / Markets
Aug 18, 2023
Stock pickers cheer for wage hikes in post-deflationary Japan
A group of companies that raised wages higher than many of their peers has outperformed the Topix index by 5 percentage points so far this quarter.
Nippon Life Insurance headquarters in Osaka. Japanese insurers are seeking more investments in private credit, attracted to their floating interest rates as global borrowing costs jump.
BUSINESS / Companies
Aug 18, 2023
Private credit boom attracts Japan insurers with $2.6 trillion
Dai-ichi Life Insurance and Nippon Life Insurance are among companies that are seeking more investments in private credit.
Cirebon-1, an 11-year-old coal power station in West Java, Indonesia, is set to close early, sparing the planet millions of tons of carbon dioxide.
BUSINESS / Economy
Aug 16, 2023
Indonesian facility shows cutting coal is a hard sell for banks
The early closure of the Cirebon-1 coal plant could be a decarbonization model for Asia, but big banks have been shy about fueling the transition.
SoftBank, which currently owns 75% of Arm, is in talks to acquire the 25% stake in the firm it does not directly own from Vision Fund 1, according to sources.
BUSINESS
Aug 14, 2023
SoftBank in talks to buy Vision Fund's 25% stake in Arm
The move would potentially deliver a win for investors who have waited years for strong returns.
Blackstone is working on more acquisitions in Japan with several bids out and properties like hotels and data centers in the pipeline.
BUSINESS / Companies
Aug 14, 2023
Blackstone eyes more Japan property after selling $4.5 billion
Real estate investments in Japan have been rosy compared to other countries, where rising costs have squeezed finances and workers have shunned offices.
U.S. President Joe Biden speaks at an event in Albuquerque, New Mexico, on Wednesday.
WORLD / Politics
Aug 11, 2023
New U.S. rules on China investments fail to offer clear guidance
The Treasury Department’s 46-page notice released alongside the order includes at least 80 separate questions about how it should structure the program.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023
SoftBank begins making investments again but ‘timidly with fear’
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Some strategists think that foreign investors, who had helped drive one of the world’s biggest rallies so far this year, may pose risks for Japan’s stock market in the second half.
BUSINESS / Markets
Aug 9, 2023
Global funds that drove Topix rally may now threaten Japan gains
A lack of bold policy measures by Prime Minister Fumio Kishida and China's economic slowdown are also seen as curbing the bullish trend.
Containers stored at the Yangshan Deep-Water Port in Shanghai in 2020
BUSINESS
Aug 9, 2023
Not decoupling, but West and China drift apart
Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China — the fastest decline since the pandemic.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023
Global tech stock rebound lifts SoftBank Vision Fund into profit
The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
Naomi Koshi, CEO of OnBoard K.K., says pressure from foreign investors is pushing Japanese companies to seek out more female board members.
BUSINESS / Companies
Aug 8, 2023
Foreign investor pressure spurs Japanese boards to appoint women
The scramble came after institutional investors set rules to vote against firms with few or no female board members.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023
Rakuten’s Mikitani spends a fifth of his time on biotech startup
Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Warren Buffett's Berkshire Hathaway in June raised its stake in Japan's five major trading firms. All of them beat net-income estimates for the first quarter of the fiscal year.
BUSINESS / Companies
Aug 4, 2023
Buffett’s favored Japan trading firms post solid earnings
The five major trading firms all beat net-income estimates for the first quarter of the fiscal year in reports issued this week.
Hitachi CEO Keiji Kojima. The company’s metamorphosis belies the argument that the bastions of Japan Inc. are set forever in their ways.
BUSINESS / Companies
Aug 4, 2023
Hitachi reinvents itself in sign of hope for Japan
The old-school conglomerate revamped its governance, shrank its empire to focus on growth and evolved into a more global enterprise.
Imma, a virtual influencer, is the face of Nomura’s new campaign for tax-free investment accounts.
BUSINESS
Aug 4, 2023
Nomura hires virtual influencer to coax Japan’s young investors
Boosting individual investments is particularly crucial as the country's baby-boomer generation passes on their assets to a younger generation.
Wall Street in New York. While survey participants are likely riding the AI-fueled market melt-up thanks to their broad equity exposure, they aren’t going all-in on the technology just yet.
BUSINESS / Tech
Jul 31, 2023
Investors are happy to pay premium for tech, but not for AI
Even as AI floods the workplace, many still doubt that it will dramatically affect their job within the next three years.
Monex Group was sued on Thursday in what is believed to be the first lawsuit questioning the responsibility of a Japanese securities company over Credit Suisse AT1 bond losses.
BUSINESS / Companies
Jul 28, 2023
Japan’s Monex sued by client for Credit Suisse bond loss
The move marks a rare case of a financial institution being accused of responsibility for investor losses triggered by Switzerland’s move to wipe out the bonds.

Longform

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