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November 22, 2024
 

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JACK

Japan Times
COMMENTARY / World
Apr 19, 2021
Trust me, you don’t want to be China's biggest billionaire
Conspicuous wealth attracts unwanted scrutiny. Beijing is wary of rich developers because they often load up on debt, thereby putting corporate China's financial health at risk.
Japan Times
BUSINESS / Companies
Apr 10, 2021
China fines Alibaba Group $2.8 billion in monopoly probe
The penalty is equivalent to 4% of Alibaba's domestic sales in 2019, China's State Administration for Market Regulation said in a statement on Saturday.
Japan Times
COMMENTARY / World
Mar 31, 2021
I wrote a book on Chinese history. It was stolen by pirates on Alibaba
The scale of counterfeiting in China is so vast that tackling it is an epic undertaking even for the supposedly uber-capable Chinese state
Japan Times
COMMENTARY / World
Mar 22, 2021
China’s regulatory war on Ant Group
Once the powerful central bank publicly turned against Ant, bureaucrats who had endorsed the group fell silent and other departments began to jump on the bandwagon.
Japan Times
BUSINESS
Mar 19, 2021
Patriotic voices find big audience outside China's tightly controlled media
The success of bloggers and social media personalities helps show where the line for permissible speech is under President Xi Jinping.
Japan Times
BUSINESS
Feb 22, 2021
Ant faces another setback in curbs on joint lending with banks
Jack Ma’s Ant Group Co. and China’s other fintech giants were dealt another blow by new rules that target a lucrative growth area — joint lending with banks.
Japan Times
COMMENTARY / World
Feb 17, 2021
Why is China cracking down on Alibaba?
Given the Chinese government's huge regulatory power, investors are rightly anxious about Alibaba's prospects.
Japan Times
BUSINESS / Companies
Jan 29, 2021
Alibaba investors still uneasy after crackdown on Jack Ma’s empire
The Chinese giant is projected to unveil its slowest pace of third-quarter sales growth in five years on Tuesday, while confronting potentially the biggest crisis of its two-decade existence.
Japan Times
BUSINESS / Tech
Jan 20, 2021
Jack Ma emerges for first time since crackdown on Ant and Alibaba
While his location is unknown, Ma's emergence in a public forum may help quell persistent rumors about his fate while Beijing pursues investigations into online businesses.
Japan Times
BUSINESS
Jan 10, 2021
Xi’s push against Jack Ma sparks new threat for China tech
Chinese tech companies did a pretty good job convincing global investors that they operated independently from the Communist Party. Now, Jack Ma has become a case study for the firms’ biggest skeptics.
BUSINESS
Jan 4, 2021
Jack Ma skips cherished TV show after Beijing tightens screws
Billionaire Ant Group Co. co-founder Jack Ma skipped a recent taping of an African TV program he created, spurring speculation online about his whereabouts and the outcome of an investigation into his internet empire.
Japan Times
BUSINESS / Companies / ANALYSIS
Dec 28, 2020
Ant turning from windfall to nightmare for global investors
From a mild hit to a nightmare, here are some of the scenarios from investors and analysts on what a regulator-forced restructuring could look like.
Japan Times
BUSINESS / Companies
Dec 28, 2020
China curbs lending and wealth management services at Ant
Authorities also blasted Ant for subpar corporate governance, disdain toward regulatory requirements and participation in regulatory arbitrage.
Japan Times
BUSINESS / Companies
Dec 24, 2020
China targets Jack Ma’s Alibaba empire in monopoly probe
China has begun an investigation into alleged monopolistic practices at Alibaba Group Holding Ltd. and summoned affiliate Ant Group Co. to a high-level meeting over financial regulations.
Japan Times
COMMENTARY / World / Geoeconomic Briefing
Dec 22, 2020
Beijing’s strong sense of crisis in Ant IPO postponement
Amid the rapid growth of the nation's digital economy, Jack Ma's dream was very different from China's.
Japan Times
EDITORIALS
Nov 12, 2020
Ant's IPO gets stepped on
The $37 billion initial public offering would have been the world's largest and conferred a value of $316 billion on the Chinese financial giant.
Japan Times
ASIA PACIFIC / FOCUS
Nov 5, 2020
Derailing of Jack Ma’s Ant IPO shows Xi Jinping is in charge
For global investors, the episode is likely to reinforce the notion that the Communist Party calls all the shots when it comes to major business decisions.
Japan Times
BUSINESS / Companies
Nov 4, 2020
China is planning a bigger Ant crackdown with bank funding curbs
China abruptly halted Ant's IPO after summoning Ma to a meeting earlier in the week to outline an array of concerns and new regulations.
Japan Times
BUSINESS / Companies
Nov 3, 2020
Jack Ma gets a warning from China on Ant’s rapid expansion
Sources said Ant's leadership team was told the company will face increased scrutiny and be subject to restrictions on capital and leverage.
Japan Times
BUSINESS / Companies
Oct 27, 2020
Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO
The move will mean the fintech giant will have a market value of about $315 billion, about the same as JPMorgan Chase & Co.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

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By Kathryn Wortley

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