We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the
The Japanese cabinet has approved a proposal to add cryptocurrencies to the list of assets that local investment limited partnerships can acquire or hold, the Ministry of Economy, Trade and Industry announced on Feb. 16. The ministry said in a Friday announcement that the approved revision, which contains amendments to the Act on Strengthening Industrial
The total assets of India equity-focused investment trusts in Japan saw a 11%, or ¥237 billion ($1.6 billion), jump in January. Factoring in the gains of Indian stocks on the yen basis last month, the figures suggest inflows of about ¥140 billion into India equity funds, while Japanese stock funds had almost no net inflows,
A pedestrian walks past a sign for Aozora Bank Ltd. at the company’s headquarters in Tokyo, Japan, on Friday, May 14, 2010. Tomohiro Ohsumi | Bloomberg | Getty Images Shares of Aozora Bank tumbled to their lowest level in eight months Thursday after the Japanese bank warned of a fiscal-year net loss due to its exposure
Estonia and Japan joined nine other nations in suspending funds to the United Nations Relief and Works Agency in the wake of allegations that 12 of its staff members had participated in the Hamas-led October 7 massacre. “Concerning the recent very serious allegations against @UNRWA, Estonia will not continue with the funding of the
KANAZAWA–Despite his previous denial, Ishikawa Governor Hiroshi Hase reversed course and admitted failing to report 8.19 million yen ($55,000) he received from the ruling Liberal Democratic Party’s Abe faction he belonged to as a Diet member. “I’m deeply sorry,” Hase said on Jan. 21. “It should have been handled appropriately in accordance with the Political Fund
Japan plans to double a fund used for disaster relief and other contingencies to $6.8 billion after a devastating New Year’s Day earthquake, the government said Tuesday, as snow worsened conditions for survivors. The 7.5-magnitude quake and powerful aftershocks killed at least 222 people in central Japan, laying waste to houses and infrastructure. In the
Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images The Japanese government and the TSE also have plans in the works for increasing corporate board independence and female representation. “It’s not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now,”