Goldman Sachs plans to merge its investment banking businesses across the Asia-Pacific region to provide clients with more integrated advice and capital markets execution, according to a memo seen by the Post on Thursday. The US firm was combining its teams in Japan, Australia and New Zealand, and Asia excluding Japan to form a unified
Japan’s Finance Ministry says it believes some of the documents related to a controversial sale of state-owned land were discarded before they could be disclosed. Akagi Toshio, who worked for a regional bureau of the ministry in western Japan, was forced to falsify documents on the heavily discounted sale of state-owned land to school operator
Japan’s Finance Ministry has disclosed documents related to a scandal over the sale of state-owned land to school operator Moritomo Gakuen. The widow of an employee of the ministry’s regional bureau received them on Friday. Akagi Masako visited the ministry with her lawyers to receive the papers. Her late husband, Akagi Toshio, killed himself after
Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent’s relatively young population, according to Sovereign Wealth Fund Institute. These sovereign investors, which include 146 central banks, sovereign wealth funds and
Southbound net inflows into Hong Kong stocks hit HK$435 billion in Q1 Tech giants lead the surge on AI optimism HK explores tweaking rules to further boost cross-border flows HONG KONG/SHANGHAI, March 28 (Reuters) – Mainland Chinese investors poured into Hong Kong’s stock market with a record buying spree in the first quarter, chasing an