Artemis has learned that a new Liongate Re DAC catastrophe bond is in the market with a target to secure $100 million of limit to provide Japanese mutual Zenkyoren with aggregate earthquake reinsurance, while also providing a source of German parametric quake cover as well which we believe may protect entities of the Sparkassen-Finanzgruppe.It’s interesting … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When activist investor Oasis Management called for change at Japanese consumer goods giant Kao — proposing boardroom reform through the election of outside directors and long term incentives — the response was clear and decisive. … Read more
Thailand’s ambitious goal of attracting as many as 9 million tourists from China this year looks in doubt, after the kidnapping of a Chinese actor started driving mainland visitors to the safety of Japan and Singapore. Flight cancellations to the country that brands itself as the “Land of Smiles” surged 94 per cent last month, … Read more
A police academy in Japan has launched innovative courses and even enlisted professional beauty consultants to teach male police officers the art of make-up application, igniting a wave of humorous discussions among Chinese netizens. In January, Fukushimaken Keisatsugakko, a police academy located in Fukushima prefecture, Japan, offered a make-up course for 60 police cadets, including … Read more
The US spared China’s top producer of dynamic random-access memory (DRAM) from its latest round of chip export restrictions because of opposition from Japan, according to sources. The US Commerce Department’s Bureau of Industry and Security on Monday imposed an export ban on China over 24 types of chipmaking equipment and three categories of software … Read more