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Japan
From bankrupt fishmonger to dollar-store billionaire
(July 4): Selling everyday items to bargain hunters has made the founder of Japan’s biggest discount store a billionaire.
July 04, 2017
Mapletree Logistics Trust to divest 2 Japan properties for $165 mil
SINGAPORE (June 30): Mapletree Logistics Trust’s (MLT) Japan-incorporated special purpose entity has entered into a sale and purchase agreement to divest two 4-storey warehouses in Japan for a total consideration of 13.5 billion yen ($165.4 million).
June 30, 2017
Keong Hong to acquire Osaka property for $11.8 mil
SINGAPORE (June 29): Keong Hong Holdings announced Thursday that indirect wholly-owned subsidiary Grandwood (Japan) has entered into a sale and purchase agreement to acquire a commercial building in Osaka, Japan for 950 million yen ($11.8 million).
June 29, 2017
Forget the FANGs: The ‘Sunrise’ stocks are doing better in Japan
(June 12): Impressed by the so-called FANG shares’ performance? Japan has a similar group that’s doing even better.
June 12, 2017
KKR amasses US$9.3 bil in biggest ever Asia private fund pool
(June 2): KKR & Co. has raised US$9.3 billion ($12.8 billion) for its third Asia fund, amassing the biggest ever pool by a private equity firm in the region, as the firm steps up investment in Japan.
June 02, 2017
Tech
Robots may help defuse demographic time bomb in Japan, Germany
MUMBAI (May 30): Japan and Germany may be sitting on a ticking demographic time bomb where aging populations begin to drag down economic growth. Good thing they’re also prime candidates for robot revolutions.
May 30, 2017
GLP signs 2 mil sf of new lease in Japan and China
SINGAPORE (May 23): GLP, the global provider of modern logistics facilities, has signed 2 million sf of new leases in Japan and China over the past two months.
May 23, 2017
This is the best-performing casino stock in the world
MANILA (May 19): Melco Crown Philippines Resorts Corp. is the best-performing casino stock in the world this year. To punters playing baccarat at the company’s City of Dreams venue in Manila, that’s no surprise.
May 19, 2017
Global Economy
In Japan, zero public companies went bust in 2016
TOKYO (April 5): Corporate Japan achieved a rare feat in the fiscal year that ended last week. Not one of its almost 4,000 publicly-traded firms filed for bankruptcy protection.
April 05, 2017
Global stocks
Everyone's a net seller of Japanese stocks this year: analyst
TOKYO (March 23): Don’t believe Bank of America Merrill Lynch’s global fund manager survey, which shows that Japan is the second-most popular equity market, says Jonathan Allum, a strategist at SMBC Nikko Capital Markets Ltd.
March 23, 2017