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Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday. The integration across their traditional keiretsu groupings is aimed at boosting the scale of the business to curb costs and implement streamlining at a time when the Bank of ...

Chinese President Xi Jinping offered a vigorous defense of globalization Tuesday, pushing back against the “America first” rhetoric of incoming U.S. President Donald Trump and signaling Beijing’s desire to play a bigger role on the global stage. Xi’s speech to political leaders, CEOs and bankers at the World Economic Forum ...

Some 6,659 businesses across Japan violated labor laws between April and September last year and were ordered to correct illegal practices, the labor ministry said Tuesday. The ministry’s labor standards supervision offices inspected more than 10,000 businesses suspected of forcing employees to work excessively long hours. In April last year, ...

The owner of a business in an industrial area of Phoenix says he was running a legitimate porn studio where amateurs could rent cameras, lights and props to create their own sex scenes with the help of a model. Authorities, however, say it was nothing more than a cleverly disguised ...

The year 2017 started with a significant level of uncertainties in global politics and economies — certainly true for the world economies over the last decade since the global financial crisis in 2007 — after the surprising outcome of the U.S. presidential election in November. With only three days left ...

Davos participants again this year will have a chance to taste and experience the finest the world of Japanese gastronomy has to offer at the Central Sporthotel Davos on Jan. 18. One of the most-popular events during the World Economic Forum meeting, Japan Night will be hosted by The Japan ...

Recently, “Team Japan” scored quite a few points in leading the world in the promotion of sports and culture to achieve economic prosperity and world peace. The central and local governments, as well as the public sector, worked together in October to bring success to the World Forum on Sport ...

Gender equality is one of the areas that the World Economic Forum strongly emphasizes as the organization, which has been publishing the annual Global Gender Gap Report since 2006, believes that half of the world’s talent — women — should be better integrated into the workforce to boost the world ...

Global events in 2016 have reminded decision-makers that the more complex a system, the greater a community’s concern about its future. The weakening of multiple systems has eroded confidence at the national, regional and global levels. And, in the absence of innovative and credible steps toward their renewal, the likelihood ...

The origin of Japan’s ruling class extends into the mists of ancient history, far before the country was unified after a period of civil wars and well into the first millennium A.D. Warriors, called bushi, began as the armies of aristocratic factions centered around the Imperial court in Kyoto, but ...