Japan: 2016 net external assets rise to second largest on record driven by M&A

Japan: 2016 net external assets rise to second largest on record driven by M&A

People cross a busy junction outside the nightlife district in Shinjuku in Tokyo, August 27, 2015. REUTERS/Thomas Peter

Japan’s net external assets rose to their second-highest amount on record at end-2016 driven by rising mergers and acquisitions overseas by Japanese firms and portfolio investment, the Ministry of Finance (MOF) said on Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter