The profit from the investment of the world's largest pension management company, the Government Pension Fund of Japan, in the first quarter of fiscal year 2019 was 1.7%, or 2 trillion 600 billion yen. The return on investment in shares of foreign companies increased by 5.2% to 2 trillion yen. The Fund recorded a return on investment in Japanese stocks at the level of 0.1%, or 420 billion yen. Investments in government bonds of Japan brought the fund a yield of minus 0.1%, in government bonds of other countries - 0.6%. As of the end of June, the Japanese bonds accounted for 27.1% of the fund's portfolio, Japanese stocks - 25.6%, foreign shares - 25.3%, foreign bonds - 15.3%.
Japan’s Finance Minister Taro Aso expressed worries about the yen’s continual rise, calling it “rapid” and hinting at the strong currency’s impact on exports as Japan struggles through a recession. The yen’s ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...