Nomura Holdings Inc. was fined 300 million yen ($3.8 million), the biggest penalty by the Japan Securities Dealers Association against any firm in 12 years, after employees leaked information on clients’ plans.
Japan’s government pension fund overhauled its investment committee, adding three members of a state panel that urged it to cut bonds, as the balance of power shifts at the world’s biggest manager of retirement savings.
As Yuka Takeda sat down with members of Kazakhstan’s government earlier this year in the capital, Astana, to discuss poverty levels, the Japanese economist noticed a stark contrast with her experience back home.
The Tokyo Stock Exchange is looking to come up with new rules by the end of the year urging Japanese companies to respond to rumors and speculation in a concrete manner to address complaints from overseas investors.
Less than 9 percent of Japanese household assets are invested in the stock market even after the biggest gain in four decades for the Nikkei 225 Stock Average. To Shinji Harada, that smells like opportunity.
Wall Street banks operating in Japan are inviting nuclear physicists to inform Tokyo employees about radiation risks, providing counseling and supplying bottled water to calm workers and keep them in the city.