A financial adviser for Japan-based Gibraltar Life Insurance has been accused of stealing around JPY190m (£1.4m, $1.9m, €1.7m) from 26 customers over a period of 10 years, the company said in a statement on its website.
The Brexit vote has had a wider impact beyond the UK and Europe, temporarily derailing the US Federal Reserve’s plan to raise interest rates and allowing other governments to argue that there is a crisis under way that needs to be addressed with more forceful stimulus. Japan is a case in point.
With other major equities classes all having their own significant question marks, could the long awaited ‘third arrow’ finally be about the make Japan the best place to invest?
Controversial former US baseball star Jose Canseco has developed something of a cult following after several of his contrarian market predictions have come true.
As the world’s attention turns to Rio for the opening of the 2016 Olympic Games on Friday, fund managers have assessed the investment opportunities on offer in the most powerful Olympic sporting nations.
Japan is set to launch $45bn (£34bn, €40.2bn) of new fiscal stimulus measures after Prime Minister Shinzo Abe and the cabinet gave the plan the go ahead.
Markets were largely flat on Friday as investors digested the news that Japan has decided not to launch the ‘helicopter money’ that some see as the answer to its economic struggles.
South Africa’s third largest insurer by market value, Discovery, has teamed up with Japan’s Sumitomo Life Insurance and SoftBank Group to launch life products into Japan, the company has announced.
Japan’s economy has waned slowly, which is why government action has not been dramatic but with Abenomics in full swing, Schroders’ Andrew Rose explains why the future depends on the yen’s performance.
Samsung Asset Management has launched Hong Kong’s first leveraged and inverse ETFs.
Varying tax and regulatory issues across the region could disrupt the Asia Region Funds Passport initiative, according to Mostapha Tahiri, chief executive and head of asset and fund services for Asia at BNP Paribas Securities Services.
Nikko Asset Management has launched a Luxembourg-domiciled Japan Focus Equity Ucits fund, with further Ucits funds planned for later this year.
