Japan

Japan's US$1.1 trillion retirement fund alloted for real estate - CBRE

Japan's Government Pension Investment Fund will use its US$1.1 trillion budget to buy properties in major cities

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Nikkei: Japan to Maintain FY2013 Spending Level

Japan planned to limit spending excluding payment of debts for the next two fiscal years.

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MUFG to pay US$4.1 billion for Thai Bank of Ayudhya

According to the Nikkei newspaper, Mitsubishi UFG Financial Group of Japan paid US$4.1 billion for the acquisition of Thailand's fifth largest lender, the Bank of Ayudhya.

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US$1 Trillion Public Pension Cuts Japan’s Bond, Increases Stocks

Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.

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Ascendas Looks At Japan Hotel Acquisitions

Ascendas Hospitality Trust is looking at investments in Japan according to its CEO, Tan Juay Hiang.

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Kawasaki Heavy Fires President, Ends Merger Discussions

Kawasaki Heavy Industries fired its company's president Satoshi Hasegawa and announced ended talks for merger with Mitsui Engineering & Shipbuilding Co.

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SoftBank Mobile Chooses Gemalto TSM

Gemalto was chosen by SoftBank Mobile for the commercial launch of mobile NFC services in Japan.

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Japan stocks rise as SoftBank acquires Sprint Nextel

SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise.

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Mitsubishi Plans to Take Control Over Brazil Grain Company Los Grobo Ceagro

Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.

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MRI Int'l License Revoked

MRI International Inc is now under investigation for false information and misleading clients not only in Japan but in the US as well.

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Japanese Government to Sell Almost 17% Stake of Japan Tabacco

The government of Japan is making plans for the sale of Japan Tabacco's 17% stake.

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