FeaturedLogisticsESR Cayman raises $750 mn for a new logistics fund in JapanIFM CorrespondentOctober 26, 2021 by IFM CorrespondentOctober 26, 2021 The funds were raised from notable investors such as the real estate division of France’s AXA Investment Managers... Read more
FeaturedTechnologySoftBank announces $3 bn to invest in LatAm tech firmsIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 So far, it has backed companies in Brazil, Mexico, Chile, Colombia and Argentina... Read more
FeaturedInsuranceInsurer Sompo to leverage Israeli insurtech Planck’s tech capabilitiesIFM CorrespondentSeptember 14, 2021 by IFM CorrespondentSeptember 14, 2021 The collaboration will help Sompo improve quote to submission time and increase accuracy... Read more
FintechPayPal agrees to buy Japanese BNPL firm Paidy for $2.7 bnWebAdminSeptember 9, 2021September 9, 2021 by WebAdminSeptember 9, 2021September 9, 2021 The transaction and the regulatory approval is expected to be completed by the end of 2021... Read more
EnergyFeaturedAmazon signs its first renewable energy deal in JapanWebAdminSeptember 9, 2021 by WebAdminSeptember 9, 2021 The e-commerce giant signed a MoU with Mitsubishi to build solar power stations in the country... Read more
CurrencyFeaturedBank of Thailand to begin testing CBDC in Q2 2022WebAdminAugust 20, 2021 by WebAdminAugust 20, 2021 The central bank awarded a contract for a CBDC prototype to central bank service provider G+D... Read more
FeaturedWealth ManagementUBS launches wealth management JV with Sumitomo Mitsui TrustWebAdminAugust 13, 2021 by WebAdminAugust 13, 2021 The new firm is called UBS SuMi TRUST Wealth Management... Read more
FeaturedTechnologyFour Japanese firms are co-developing a facial recognition payment systemWebAdminAugust 12, 2021 by WebAdminAugust 12, 2021 The four firms are Resona Holdings, Panasonic System Solutions Japan, JCB and Dai Nippon Printing... Read more
FeaturedInsuranceDai-ichi Life acquires Westpac’s life insurance business for $660 mnWebAdminAugust 10, 2021 by WebAdminAugust 10, 2021 Through this deal, Dai-ichi will look to boost its international business... Read more
FeaturedFinanceJapan’s govt pension fund slashes US bonds and bills to 35% of its foreign debtWebAdminAugust 2, 2021 by WebAdminAugust 2, 2021 This is attributed to boosting holdings of European sovereign bonds... Read more