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November 24, 2024
 

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WEALTH

The building that was the home of the late Kosuke Nozaki in Tanabe City, Wakayama Prefecture. Prosecutors are seeking an indefinite prison term in the lay-judge trial of a woman suspected of murdering him.
JAPAN / Crime & Legal
Nov 19, 2024
Indefinite prison term sought for murder of 'Don Juan of Kishu'
In seeking the indefinite sentence, the prosecution said that Kosuke Nozaki's life and properties had been taken, which was a grave form of "damage."
Tesla CEO Elon Mus joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of the first assassination attempt on Trump in Butler, Pennsylvania, on Oct. 5.
COMMENTARY / World
Nov 4, 2024
The growing shadow of big money in U.S. politics
Changes in federal election law have made it easier for candidates like Donald Trump to trade influence for donations.
Tech entrepreneur, investor and philanthropist Masayoshi Son made his fortune by becoming a bridge between California's technology culture and Japan.
COMMENTARY
Oct 31, 2024
Masayoshi Son may be the oddest of the oddball billionaires
Masayoshi Son made his fortune by becoming a bridge between Californian tech culture and Japan.
Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, speaks about voting during an America PAC Town Hall in Folsom, Pennsylvania, on Thursday.
WORLD / Politics
Oct 21, 2024
Elon Musk's daily $1 million payouts at Trump rally draw legal scrutiny
Musk has supplied at least $75 million to America PAC so far, according to federal disclosures, making him a crucial part of Trump's bid to regain the White House.
Historical examples show that technological advances often lead to significant but gradual changes, sometimes accompanied by social and economic disruptions.
COMMENTARY / World
Sep 12, 2024
Will the AI revolution lead to greater prosperity?
Historical examples show that technological advances often lead to significant but gradual changes, sometimes accompanied by social and economic disruptions.
Go Sugiyama, head of wealth management at Nomura Holdings
BUSINESS / Companies
Aug 28, 2024
Nomura is hiring wealth managers after years of staff overhaul
Nomura’s wealth management segment that serves domestic clients has been a consistent performer over the years.
A drone view shows Trump National Golf Club in Jupiter, Florida, on Aug. 11.
WORLD / Politics
Aug 22, 2024
Trump earns big from Florida golf resorts as his other businesses flag
The health of Donald Trump’s golf business is a bright spot at a precarious moment for the Trump Organization.
Brazilian Economy Minister Fernando Haddad arrives for a news conference during a break at the Group of 20 finance chiefs' meeting session in Rio de Janeiro on Friday.
BUSINESS / Economy
Jul 27, 2024
G20 pledges to work together to tax ultrarich
The topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host the next G20 summit in November.
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.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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