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July 16, 2024
 

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WEALTH

Japanese businessman Kazunori Takishima, seen at the 2018 Winter Olympics in Pyeongchang, South Korea, has attended four Summer Games and four Winter Games since his first in 2006.
OLYMPICS
Jul 12, 2024
Japanese superfan with Olympic-sized wallet eager to make new memories in Paris
The 48-year-old Tokyo native spends large chunks of his disposable income on Olympic tickets.
Attendees wave the flags of China and the Hong Kong Special Administrative Region during an event aboard a Star Ferry to celebrate the 27th anniversary of Hong Kong's return to Chinese rule in Hong Kong on July 1.
ASIA PACIFIC / Politics
Jul 9, 2024
As Singapore steps up scrutiny, affluent Chinese return to Hong Kong
Fallout from a blockbuster $2.2 billion money laundering case has put Singapore's family offices and wealthy immigrants under a microscope.
Bill Gates delivers a speech at the Global Solutions Summit in Berlin in May. He and his ex-wife Melinda Gates started the Bill & Melinda Gates Foundation, which has had a far-reaching impact on global health and sustainability.
COMMENTARY / World
Jul 5, 2024
The economics of philanthropy
Philanthropy can help bridge the gap between the haves and have-nots. But wealthy people need more of an incentive to give than just being altruistic.
Balaji Srinivasan addresses the Singapore Fintech Festival in November 2022. A techno-libertarian, Srinivasan, who made his name as an anti-government crusader, tried to attach himself to the U.S. government when he was under consideration for a position in the Donald Trump administration.
COMMENTARY / Japan
Jun 19, 2024
How techno-libertarians fell in love with big government
When faced with the prospect of the government becoming a major client for Silicon Valley techno-libertarians, once-principled opposition to state power dissipates.
Staff lower the Chinese national flag in the Central Financial District in Hong Kong in March. Hong Kong is an established trading hub for raising capital while Singapore excels in private wealth management.
COMMENTARY / World
Jun 19, 2024
Stop comparing Hong Kong to Singapore
Think of it this way: Hong Kong is where the Chinese can grow their wealth while Singapore is where they can preserve it.
Traffic at the Dubai International Financial Centre. Last year, it opened the DIFC Family Wealth Center, a registry for family offices that also offers advisory services, workshops, mentoring, dispute resolution and certification based on how "structured” their governance is.
BUSINESS / Companies
Jun 10, 2024
Dubai takes on Abu Dhabi in race for supremacy in family offices
Last year, the number of registered foundations in Dubai rose by 53%. In rival Abu Dhabi, the number jumped by 35%.
Wang YunHe's residence in Singapore, overlooking the country's premier shopping belt.
ASIA PACIFIC / Crime & Legal
Jun 1, 2024
Singapore wealth flows face new scrutiny in superhacker case
The case is a reminder of the difficult balancing act faced by Singapore and other financial hubs as they push to attract the world’s ultra rich.
The wealthy don’t live only in global glamour cities, and family offices are now popping up in places like Perth in Western Australia.
BUSINESS
May 28, 2024
Catering to the ultrarich is a booming business in Western Australia
After an almost two-decades-long mining boom, Perth has 64 centimillionaires, and family offices are now popping up in the city.
A Lamborghini Diablo SL automobile displayed at the company's event to mark the automaker’s 60th anniversary in Seoul in September 2023. While the boost in wealth among crypto investors was mostly poured into discretionary spending, a significant portion spilled into local housing markets, the researchers found.
BUSINESS / Markets
May 6, 2024
Lamborghini bros no more: Crypto is creating a new wealth effect
Study suggests that household spending out of crypto gains is more like the patterns from traditional equity investments, such as on home purchases.
Claudio de Sanctis, head of private bank at Deutsche Bank AG, during an interview in Singapore, on April 18
BUSINESS / Companies
May 3, 2024
Deutsche Bank unveils wealth targets after hiring push in Asia
Private banks are turning to the Middle East and Southeast Asia amid China's property crisis and a downturn in capital-market activity in Hong Kong.
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
JAPAN / Society
Apr 26, 2024
Japan wants you to spend more with ‘luxury tourism’
The country is looking to nudge affluent tourists to lesser-known destinations with the offer of unique experiences of culture, craftsmanship and nature.
The financial center of Panama City, Panama, in 2019. Starting Monday, 27 people will be tried over charges connected to the "Panama Papers" case.
WORLD / Crime & Legal
Apr 8, 2024
'Panama Papers' trial to begin eight years after tax scandal
Twenty-seven people have been charged with money laundering in connection with the tax evasion scandal.
High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
LIFE / Travel / Longform
Mar 25, 2024
Can Japan lure the jet-set class off the beaten path?
High-end travelers are looking for sustainability, wellness and adventure when they head abroad. Japan hopes to deliver in places other than Tokyo.
Travel agents from Thailand make matcha tea in the town of Wazuka, Kyoto Prefecture, on Feb. 27, during a tourism promotion program organized by the Kansai Bureau of the Ministry of Economy, Trade and Industry.
JAPAN
Mar 20, 2024
Japan hoping wealthy Asians will visit rural areas near 2025 expo
While Japan sees the expo as a chance to attract foreign tourists, the event has yet to gain recognition.
Attendees listen as Fernando Haddad, Brazil's finance minister, speaks virtually during the Group of 20 finance ministers and central bank governors meeting in Sao Paulo on Wednesday.
WORLD / Politics
Feb 29, 2024
Brazil urges 'new globalization' at G20 meet overshadowed by Ukraine
The meeting will lay the economic policy groundwork for the annual G20 leaders' summit to be held in November.
People walk past the Trump Building after a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York state for three years, in New York City on Friday.
WORLD / Politics
Feb 17, 2024
Trump keeps New York empire intact as judge rescinds asset-sale order
Former U.S. President Donald Trump was banned from doing business in New York for three years and ordered to pay $354 million for lying about his wealth.
Amazon CEO And Blue Origin Founder Jeff Bezos
BUSINESS / Companies
Feb 14, 2024
Jeff Bezos sells $4 billion of Amazon stock, avoiding $288 million levy
Moving to Florida, after Washington imposed a 7% gains tax, the world’s second-richest person offloaded 24 million shares over just four trading days.
Elon Musk
BUSINESS / Companies
Jan 31, 2024
Musk’s $55 billion Tesla pay package struck down, threatening status
Worth some $51.1 billion, Musk's Tesla options were one of his most valuable assets. Without them his net worth would drop to $154.3 billion.
Farmers protest against the government's planned cuts to agricultural sector subsides in Brandenburg, Germany, on Jan. 10.
COMMENTARY / World
Jan 17, 2024
Why Germany is rich but Germans are poor and angry
Germany's polarization peaks as the country's divided society faces economic turmoil.
Instead of hoping seats are free and scrambling to find luggage space on the shinkansen, what if you could fly charter across Japan on your next trip instead?
LIFE / Travel
Jan 13, 2024
Can charter flights connect rich tourists with rural Japan?
The tours, which fly to cities in western, central and northern Japan, will be priced from around ¥1.5 million per person for a group of four people staying two nights.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

SUSTAINABLE JAPAN

Exploring Japanese culturevia Tohoku’s festivals
Exploring Japanese culturevia Tohoku’s festivals

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