Tokyo Bucks LDP, Elects First Woman Governor

Tokyo Bucks LDP, Elects First Woman Governor

Japan | Elected Tokyo’s first female governor, Yuriko Koike has made history in Japan. She ran as an independent in defiance of her party—the ruling Liberal Democratic Party—which supported the lesser-known Hiroya Masuda. Koike, 64 years old and a veteran politician, hopes to bring the city’s financial center back to its former glory.

India: Landmark Reform To Unify Taxes

India: Landmark Reform To Unify Taxes

India | The Indian parliament’s adoption of a constitutional amendment bill has paved the way for the biggest tax reform in the $2 trillion economy’s history, as Narendra Modi’s  government prepares to usher in a dramatic change in the tax regime: a single goods and services tax (GST) that subsumes all central, state and local levies.

Asia Has Most Wealthy And Most Wealth

Asia Has Most Wealthy And Most Wealth

For the first time, Asia’s super-rich have surpassed their North American counterparts in both population and wealth. China and Japan, in particular, stood out as wealth powerhouses despite a volatile year for Asian equity markets.  Asia Pacific’s 5.1 million high-net-worth ...

US Execs Flock To China—Then Flee

US Execs Flock To China—Then Flee

China
When Alibaba announced in May that it was hiring former Goldman Sachs managing director Douglas Feagin to run the international unit of its finance arm, Ant Financial, many observers had a sense of déjà vu.
 

Philippine President Sparks Market Jitters

Philippine President Sparks Market Jitters

Philippines
Investor unease over the future of the Philippines, one of Southeast Asia’s fastest-growing economies, has soared following Rodrigo Duterte’s landslide victory in the May presidential election.

China Battles Aging And Debt

China Battles Aging And Debt

Arthur Kroeber, head of research and founding partner of Gavekal Dragonomics, spoke with Global Finance about China’s politics, its markets and its future role in the global economy.