Back in 2012, the world's best-managed pension market was thrown a lifeline by the Danish government to help contain liabilities. Seven years later, with rates now well below zero, even Denmark's $440 billion pension system says the environment has become so punishing that it may be time for a change in European rules.
The U.S. government's top counterintelligence official has a stark warning for visitors to China: The Chinese government can spy on your smartphones, tablets, and computers.
Economic incentives offered by U.S. states to attract established companies grab headlines. The pursuit of Amazon by various cities and states, for example, captured the public interest and also created strong sentiments for and against such investment.
In 2018, we witnessed a clash of titans as government and tech companies collided on privacy issues around collecting, culling and using personal data.
Danhua Capital has made considerable investments in a couple of Silicon's Valley's startups which are deemed highly promising in fields such as artificial intelligence, cybersecurity, and drones. Over 20 Silicon Valley venture capital firms share strong ties and have direct access to either a Chinese-owned entity or funds from the Chinese government.
The Bloomberg Terminal's success in the 1980s birthed an empire. Today, that empire is under siege from competitors, government regulations, and the changing nature of finance itself.
With crypto mania sweeping the world, a handful of countries have stirred at the possibility of issuing their own virtual currencies based on blockchain, the technology behind Bitcoin. Advocates of government-backed cryptocurrencies say that if the movement takes hold, which is by no means assured, it could irrevocably change the international monetary system as we know it.
<p>New York City is asking: If biotech can make it anywhere, can't it make it here? The city government is asking for proposals on how to use $100 million in funds and city land to create a "life sciences hub" with the goal of making the city competitive with Boston and San Francisco as a place to start biotechnology companies.</p>
China is reportedly seeking an "orderly exit" from bitcoin mining, according to a leaked document seen by Quartz. The government is reportedly concerned about pollution and the havoc that could be triggered by investors who lose money investing in mining and cryptocurrency.
Japan’s Pension Fund Association for Local Government Officials, also known as Chikyoren, has named Mizuho Global Alternative Investments as its new manager for overseas infrastructure mandate, according to an Asia Asset Management report. This is part of the organisation’s efforts to further diversify its foreign portfolio and boost alternative investments. Mizuho Global Alternative Investments is an alternative investment vehicle of Mizuho Financial Group.