Tag - investments

 
 

INVESTMENTS

Attendees arrive for Microsoft's event on AI technologies in Jakarta on April 30.
BUSINESS / Tech / ANALYSIS
May 11, 2024
Tech giants start to treat Southeast Asia like the next big thing
After decades of playing second fiddle to China and Japan, the region of about 675 million people is drawing more tech investment than ever.
SoftBank Group CEO Masayoshi Son in 2019. Son is said to be selling off assets from the Vision Fund’s portfolio as he prepares for possible forays into AI and related hardware.
BUSINESS / Companies
May 10, 2024
SoftBank's Vision Fund lightens asset load as Son pivots to AI and chips
Son has moved on to new obsessions, inspired in part by the success of Arm — which has soared in value to around $106 billion since its market debut.
China’s fading appeal to foreign firms comes despite Chinese President Xi Jinping’s pledge in November to take more "heart-warming” measures to ease access to the world’s second-largest economy.
BUSINESS / Companies
May 10, 2024
EU firms’ appetite for China investment sinks to record low
Only 13% of firms surveyed earlier this year saw the country as a top destination for investments, a survey found.
The growing divide between U.S.-led and China-aligned blocs is taking a toll on the global economy as trade and investment flows are redirected along geopolitical lines in ways not seen since the Cold War.
BUSINESS / Economy
May 9, 2024
Cold War-type divide puts trade and investment at risk, top IMF official warns
After years of shocks, countries are reevaluating their trading partners, an IMF official has said.
SoftBank Group is in talks to acquire Graphcore, a struggling British semiconductor startup.
BUSINESS / Companies
May 9, 2024
SoftBank said to be in talks to buy troubled AI chip firm Graphcore
Graphcore reported just $2.7 million in revenue for 2022, a 46% drop from the prior year, according to its latest financial report.
Attendees stand on an escalator in the King Abdulaziz Center for World Culture in Dhahran, Saudi Arabia, on Nov. 25, 2016.
WORLD / Politics
May 8, 2024
Saudi Arabia AI fund would divest from China if U.S. asked, CEO says
U.S. officials have apparently told their Saudi Arabian counterparts that they need to choose between Chinese and American technology.
Despite logging a record net profit in the year to March, helped by the weak yen, Nintendo expects net profit to drop nearly 40% in the current financial year.
BUSINESS / Companies
May 7, 2024
Nintendo says announcement on Switch successor 'this fiscal year'
Players and investors have been hungry for news about a successor to the Switch, and the company said a statement was finally forthcoming.
An attendee holds a cardboard cutout of Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, inside the CHI Health Center during the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, on Saturday.
BUSINESS
May 5, 2024
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
The legendary investor paid tribute to his late business partner and said he expected the conglomerate’s $189 billion cash pile to keep growing.
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan to prop up the currency.
BUSINESS / Markets
May 4, 2024
Traders spooked by intervention risk trim record yen shorts
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan.
Nomura Holdings and Mizuho Bank are hit by more than $100 million of potential losses related to All Blue Capital, raising questions about their monitoring of high-risk investment funds.
BUSINESS / Companies
May 3, 2024
Nomura and Mizuho face losses after fund’s failed trades
The size of the potential losses raises questions about the risk-management practices at two of Japan’s largest banks.
Activist investor campaigns are becoming more commonplace in Japan as the government and the Tokyo Stock Exchange encourage companies to boost shareholder returns.
BUSINESS / Companies
Apr 30, 2024
Elliott Management's Sumitomo stake reflects growing activism in Japan
Elliott has built a large holding in Sumitomo after investing several tens of billions of yen in the trading house backed by Warren Buffett.
The Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong on March 14. Dealmakers say a lot more than words is needed to revive Hong Kong’s weakest IPO market since the global financial crisis.
BUSINESS / Markets
Apr 29, 2024
China’s new plan to boost Hong Kong IPOs faces major hurdles
Pipeline of IPOs expected to remain feeble while valuations are low, China’s economic outlook is poor, and foreign investors remain distrustful of Beijing.
An ammonia tank at JERA's Hekinan thermal power station in Aichi Prefecture. JERA is looking to invest in hydrogen and ammonia projects in the Middle East.
BUSINESS / Companies
Apr 28, 2024
Japan’s JERA looks to invest in Middle East hydrogen projects
Some of the world’s biggest planned blue ammonia plants, which capture carbon dioxide emitted in the production process, are located in the Middle East.
Canadian Prime Minister Justin Trudeau (left), Honda CEO Toshihiro Mibe (center) and Ontario Premier Doug Ford walk in the company's automotive assembly plant in Alliston, Ontario, on Thursday.
BUSINESS / Companies
Apr 26, 2024
Honda to spend $11 billion on electric vehicle strategy in Canada
The move is meant to tap long-term demand in North America and pushes the automaker toward having electrified cars account for 100% of sales by 2040.
More investors are calling on Japanese firms to abolish cross-shareholdings, a practice that has been criticized as undermining discipline in corporate governance and leading to anti-competitive behavior.
BUSINESS / Companies
Apr 26, 2024
Investor group calls for zero cross-shareholdings at Japanese firms
"Strategic shareholdings," where companies hold stocks in businesses they have ties with, have decreased slightly, but progress is slow.
The government, and the Tokyo Stock Exchange in particular, have been pushing for better governance among the country’s 3.7 million companies.
BUSINESS / Companies
Apr 25, 2024
Japan’s retail investors care about governance too, poll shows
Investors are increasingly aware of the need to hold corporate boards and executives to high standards.
Exporters will be helped both by the stronger dollar, and also by their exposure to the U.S. economic resilience.
BUSINESS / Markets
Apr 25, 2024
Dollar wrecking ball forces investors to seek cover in exporters
Those with significant dollar earnings are set for a windfall, with major beneficiaries including heavyweight Asian chipmakers.
A robotics company’s research and development center in Shenzhen. Chinese firms struggle to attract the private equity and venture capital funds that U.S. companies enjoy.
COMMENTARY / World
Apr 22, 2024
China needs a better innovation ecosystem
Chinese firms struggle to attract the private equity and venture capital funds that U.S. companies enjoy, putting a damper on their ability to innovate.
Delfin Lorenzana
BUSINESS
Apr 20, 2024
Philippines wants U.S. and Japan to take over rail deal eyed by China
The $868 million Subic-Clark railway will link former U.S. military bases turned commercial hubs and form part of the planned Luzon Economic Corridor.
Berkshire Hathaway's latest yen debt deal is the biggest since its debut sale in the currency in 2019, raising bets it may boost holdings of Japanese stocks.
BUSINESS / Companies
Apr 18, 2024
Berkshire sells ¥263.3 billion of bonds in its biggest yen debt deal since 2019
The seven-tranche deal priced at tighter premiums than Berkshire’s deals over the past two years.

Longform

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