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India
'Make In India' racks up $222 billion in pledges
A week-long "Make in India" fair closed on Thursday with $222 billion in investment pledges, but thin attendance by foreign firms at the event launched by Prime Minister Narendra Modi means many are unlikely to actually happen.
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India
70 + directors need 75% shareholders’ nod to stay
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India
Sebi wants retail participation in stock market
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India
India No.1 for Kindle as sales up 200%
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Giappone
JR West to issue unprecedented 40-year bonds to capitalize on negative rate
West Japan Railway Co. said Friday it will issue unprecedented 40-year bonds, taking advantage of the cheaper funding brought about by the Bank of Japan’s negative interest rate. The ¥10 billion, 1.575-percent bonds will have the longest term of any yet issued by a private company in Japan, according to ...
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Giappone
Japan Post Insurance to boost foreign debt as JGB yields plunge
Japan Post Insurance Co., the nation’s biggest insurer by assets, plans to increase investments in foreign debt to boost returns as the central bank’s negative interest rate policy sends government bond yields to unprecedented lows. The insurer, which has more than half of its ¥82.7 trillion of assets in Japanese ...
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Giappone
Fastest-growing Airbnb market at risk as lodging-scarce Japan cracks down
Aileen Jeffery arrived in Tokyo two years ago and spotted what she thought was the best opportunity of her career: Hotel rooms in the capital were scarce and a boom in tourism was exacerbating the shortage. The 26-year-old former real estate analyst took a 21st century approach to the business, ...
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Giappone
Dentsu considering 60 businesses for acquisition
Dominant advertising agency Dentsu Inc. has locked sights on as many as 60 acquisition targets to bring more technology and talent to its global business. The deals pipeline includes mostly small and midsize companies, a contrast with the company’s record ¥409 billion purchase of Aegis Group in 2013, said Tim ...
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Giappone
Oregon lawmakers approve landmark minimum wage increase
Oregon lawmakers have approved landmark legislation that propels the state’s minimum wage for all workers to the highest rank in the U.S., and does so through an unparalleled tiered system based on geography. The state House of Representatives on Thursday passed Senate Bill 1532, which now heads to Democratic Gov. ...
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Giappone
California high-speed rail’s first leg to connect Central and Silicon valleys
California’s ambitious plan for high-speed rail service will become reality within a decade, with service between the state’s agricultural Central Valley and high-tech Silicon Valley, state officials announced on Thursday. In an updated draft plan for the rail line that will whisk passengers from Los Angeles to San Francisco in ...