The balance of foreign direct investment in Japan stood at ¥30.7 trillion at the end of 2018, topping ¥30 trillion for the first time ever, the Japan External Trade Organization said Wednesday. According to JETRO, the balance increased ¥1.8 trillion from a year earlier due to a series of large-scale merger and acquisition deals, including Toshiba Corp.'s ¥2 trillion sale of its semiconductor unit to a consortium led by U.S. investment fund Bain Capital. The government-affiliated organization's promotion of direct investment in local regions also helped the balance grow, it said. JETRO Chairman Nobuhiko Sasaki pointed out at a news conference that behind the foreign investment expansion was the country's stable political and social systems. "By highlighting the favorable investment environment, we aim to attract more foreign funds to reinvigorate the Japanese economy," he said.
Have you ever dreamed about throwing a few bucks into your college room-mate's infant tech venture and seeing it succeed big time? More often than not, dreams just don't come true for tech investors but in recent years, a few of them have managed to bag massive financial rewards. Snap's IPO was no exception with Lightspeed Venture Partners putting $485,000 seed money into the fledgling company. After adding a further investment of $7.5 million, their stock is now worth around $2.1 billion (initial IPO price) after Snap Inc. traded up 44 percent and closed at $24.48 on Thursday. Benchmark's $24 million investment in Snap has also experienced an impressive return of about $3.2 billion.
As part of the trade battle, President Donald Trump had initially ordered the Treasury Department to draft investment restrictions aimed specifically at China. But in June, Trump decided to back Congress' effort to tighten existing investment restrictions by increasing the powers of the existing Committee on Foreign Investment in the United States, or CFIUS.
In this report, we seek to identify high-impact applications of artificial intelligence (AI) and big data in investments and best practice in their implementation by examining specific use cases. For this purpose, we conducted interviews with investment industry practitioners around the world and from different areas of investments, mostly in April and May 2019. We found that relatively few investment professionals are currently exploiting AI and big data applications in their investment processes. To provide a guidepost for investment firms and individuals seeking to move toward the latest technological frontier, we spoke with a selection of institutions across the globe that are currently using these technologies; these are among the AI pioneers in investment management. Their use cases are illuminating.