CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Read more at The Business Times.
Elliott Management bets on Japan property with 5% stake in Tokyo Gas
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elliott Management has become one of the three biggest shareholders in Tokyo Gas, as it seeks to push the …
KKR-Bain Brawl Worth $4 Billion Shows Japan Private Equity Boom
It set off a rare open tussle between the private equity giants that has shocked investors. “I’ve seen lots of private equity activity in Japan. I cannot remember two large firms in a bidding war for …
Japanese REIT Buys Part of D.C. Mixed-Use District for $279M
The developers behind the massive mixed-use redevelopment of the former Fannie Mae headquarters in Washington, D.C., have sold a chunk of the campus to a Japanese real estate … The complex is only …
India’s economy will soon overtake Japan’s
India could become Asia’s second-biggest economy in 2025. As a new continental pecking order emerges, should the world economy brace for an “India shock”?
Japan says it will watch China’s military activity after Beijing admits violating Japanese airspace
Japanese officials said they are watching to see if China prevents further airspace violations; China explained that an August violation of Japanese airspace was unintentional.
Japan will watch China’s military after Beijing admits violating Japanese airspace
Japanese officials say they are closely watching to see if China keeps its promise to prevent further violations of Japan’s airspace after explaining that an incursion by a Chinese military aircraft …
Yen Weakens as Japan’s Verbal Warnings Appear to Be Losing Effectiveness
The yen weakened against other G-10 and Asian currencies in early trade as Japanese authorities’ verbal warnings appear to be losing effectiveness.
WHO lists mpox vaccine by Japan’s KM Biologics for emergency use
The World Health Organization listed KM Biologics’ mpox vaccine for emergency use on Tuesday, making it the second shot to get the approval of the global health agency.
Youngsters are fleeing Japan’s once-mighty civil service
These days it is winter for Japan’s once-mighty civil service. Talented cadres are fleeing harsh work conditions in search of greater opportunities and more flexibility. The number of elite …