Japan

From Bloomberg

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.

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).

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).

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.
​Caption: Henry Kravis and George Roberts, Co-Founders and Co-CEOs​

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.

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.

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.

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.

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.
Reuters

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.
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