Ping An Insurance targets Japan as it seeks to diversify outside China


It plans to invest $100 million a year in Japanese companies.

A logo of Ping An Insurance is seen outside its building in Shenzhen in this February 5, 2013 file photo. REUTERS/Tyrone Siu/File photo
A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo
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Japan’s SBI, others invest 26.3m euros in Germany’s solarisBank

Japanese financial conglomerate SBIHoldings Inc and a subsidiary of German media company Bertelsmann SE & Co KGaA have backed Berlin-based solarisBank AG, a fully licensed startup bank that enables businesses to offer digital financial services to their customers, solarisBank executives said on Monday. They said the bank has raised 26.3… Read more »

Employees of Tokyo Stock Exchange work at the bourse after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in Tokyo, Japan, January 4, 2016. REUTERS/Yuya Shino/Files
The logo of Sharp Corp is seen at Tochigi plant in Yaita, north of Tokyo, November 19, 2015. REUTERS/Reiji Murai/Files
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KKR’s Calsonic deal breaks buyout drought, shows Asia opportunities

KKR & Co. is back in the business of public-to-private buyouts. The New York-based investment firm on Tuesday announced a $4.5 billion purchase of Japanese auto-parts maker Calsonic Kansei Corp., marking its first leveraged buyout of a publicly traded company since it snapped up Goodpack Ltd. of Singapore in May 2014…. Read more »

The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014. REUTERS/Aly Song
Alibaba cloud arm set for centre stage as e-commerce plateaus

It’s not the e-commerce business that’ll command the most attention when Alibaba Group Holding Ltd posts earnings Wednesday. It’s the nascent cloud computing division that investors will scrutinize instead. China’s largest Internet company reports just a week before Katy Perry and other stars headline a launch party for the annual… Read more »

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CLSA Capital Partners acquires Japan’s staffing firm Outsourcing Investments

Hong Kong-based brokerage and investment firm CLSA’s alternative investment arm CLSA Capital Partners has acquired Japanese specialised staffing services company Outsourcing Investments Inc for an undisclosed amount. The investment in the Yokohama-based firm was made through CLSA Partner’s fund Sunrise Capital II, a fund that invests in established, mid-cap companies with… Read more »