Part of Abe's Third Arrow Takes Aim at Governance

As part of Abenomics’ third arrow of structural reform, Japan recently adopted a new corporate governance code. The new code focuses on making Japanese corporations more transparent, more responsive to shareholders — including minority shareholders — and subject to more effective oversight by boards of directors, especially outside directors. It seeks to make boards of directors not only more active and independent, but more diverse.

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The Loyal, Frequent Customer

The rewards business has turned into its own multi-national industry. When a Chinese billionaire reportedly bagged a lifetime of free first-class flights by using his credit card to buy a single (admittedly expensive) piece of art recently, it acted as a reminder that millions of us are underwriting loyalty schemes such as this. However, we’re not all benefiting quite as much as certain comfortably off art collectors.

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Southeast Asian Cities Critical to the AEC

As the Association of Southeast Asian Nations (ASEAN) takes steps toward implementing the ASEAN Economic Community (AEC) by the end of 2015, they should be cognisant that the paths towards economic integration and sustainable urbanisation are closely intertwined. Southeast Asian cities will play a critical role in the unfolding of the AEC.

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Can Eastern Asia Benefit from the Trilateral Summit?

On 1 November 2015, Chinese Prime Minister Li Keqiang, Japanese Prime Minister Shinzo Abe and South Korean President Park Geun-hye convened in Seoul, South Korea for the Sixth Trilateral Summit. The meeting was the first after political and historical disputes led to a three-year hiatus, of what was supposed to be an annual summit.

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Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
Wendell Philips
He who controls the money supply of a nation controls the nation.
James A. Garfield
The moment that government appears at market, the principles of the market will be subverted.
Edmund Burke