Japan's GPIF posts $47 billion return in Q3 on gains in overseas stocks

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

TOKYO : Japan's Government Pension Investment Fund (GPIF) said on Friday it posted a third-quarter investment return of 5.437 trillion yen ($47.29 billion) on gains from overseas stocks.GPIF, the world's largest pension fund, managed 199.3 trillion yen of assets as of the end of December and its return on

TOKYO : Japan's Government Pension Investment Fund said on Friday it posted a third-quarter investment return of 5.437 trillion yen on gains from overseas stocks.

GPIF, the world's largest pension fund, managed 199.3 trillion yen of assets as of the end of December and its return on overall assets was 2.81per cent over the three month period, it said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan will consider ways to help LNG market if supplies disruptedTOKYO :Japan, a key importer of liquefied natural gas (LNG), will consider ways it can help the international community in the event of the Ukraine crisis disrupting supplies, Industry Minister Koichi Hagiuda said on Friday.He declined to confirm media reports that the United States had asked Japan if it coul
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan may consider ways to contribute to international LNG marketTOKYO: Japan\u0027s government will consider ways to contribute to the international community since it is a key importer of liquefied natural gas (LNG), in the event of a conflict between Russia and the West over Ukraine, Industry Minister Koichi Hagiuda said on Friday (Feb 4). He declined to confirm local rep
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Japan has no plans to review sales tax rates, finance minister saysTOKYO : Japanese is not considering reviewing future national sales tax rates as the current 10per cent levy provides a vital source of funding the social security spending to support its ageing population, the finance minister said on Friday.Shunichi Suzuki told reporters after a cabinet meeting that Jap
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »