Japan: New Prime Minister, New Rules

Japan: New Prime Minister, New Rules

Despite Fumoi Kishida’s public calls for a massive stimulus package and an even more consequential redistribution of wealth, some of his initial moves appear to confirm the dissonance between rhetoric and reality.

Keeping An Eye On Evergrande

Keeping An Eye On Evergrande

Evergrande borrowed not only from about 300 domestic and international banks, many of which remain undisclosed, but reportedly also from its employees, small firms and ordinary retail investors.

China Reforms Bring New Funds

China Reforms Bring New Funds

BlackRock received the license in June 2021 as the first foreign financial institution to operate a wholly owned China subsidiary, BlackRock Fund Management. 

Shareholder Revolt At Toshiba

Shareholder Revolt At Toshiba

Toshiba shareholders voted for an independent probe into allegations that investors were pressured against pursuing a management shake-up at last summer’s annual general meeting.