Tokyo

Tokyo job fair

Global Economy

Tokyo has more than two job openings for every applicant

TOKYO (March 17): Graduate recruitment in Japan looks a bit like a scene from the movie "The Matrix." Hordes of students dressed in identical black suits and white shirts make the rounds of seminars, tests and interviews. Even as jobs outnumber a

Adelson says US$6 bil Marina Bay Sands investment a ‘warm-up’ to Japan’s casino race

SINGAPORE (Feb 22): Sheldon Adelson – one of the world’s richest men and notably among the biggest funders of Donald Trump’s US presidency campaign – has pledged to spend up to US$10 billion ($14.2 billion) on building a casino facility in Japan,

Broker's Calls

CapitaLand on the rise with Japan acquisitions

SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of $4.19, after the property developer’s recent announcement of some $620.1 million worth of acquisitions in Japan.

Property

CapitaLand acquires 3 office buildings and a mall in Tokyo for $620.1 mil

SINGAPORE (Feb 17): CapitaLand has agreed to acquire a portfolio of four income-producing office and retail properties in Japan’s Greater Tokyo Area, at JPY49.7 billion ($620.1 million).

Global Economy

Lost sleep is costing Japan's economy billions

TOKYO (Feb 16): Sleep deprivation is doing more harm in Japan than just making people grumpy and unhealthy. It is also holding back the world’s third-largest economy.
 Tokyo

Tokyo regains costliest city for expats title as London drops

(Dec 15): Tokyo regained its top spot among the world’s most expensive cities for expatriates for the first time since 2012 as the yen rose. London fell out of the top 100 priciest after Brexit crushed the pound.

Currencies

Euro slips with Asian stocks while bonds rise as Italy votes no

WELLINGTON (Dec 5): The euro retreated with riskier assets, while bonds advanced, amid concern the failure of Italy’s referendum on constitutional reform will destabilize the country, emboldening anti-Europe and nationalist forces.

CDL expands Japan footprint; invests in prime development in Tokyo

SINGAPORE (Oct 18): City Developments Limited (CDL) announced that its special purpose company, Iconique Tokutei Mokuteki Kaisha has signed an agreement with Mitsui Fudosan Residential for a 20% stake in a prime residential development in Tokyo.

Watch out Singapore, Hong Kong: Shanghai top pick to become next financial hub

(Sept 28): Shanghai ranks as the top pick among the world’s cities expected to become significant global financial centres in the next few years, according to a survey of finance professionals.
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