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July 12, 2026
 

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WEALTH

A Louis Vuitton store in Singapore. The city state's long-held top rank among most expensive cities for luxury spending is said to be driven by high prices of residential property and cars along with the strong Singapore dollar.
BUSINESS
Jul 7, 2026
Singapore, Zurich and Monaco top costliest cities for luxury spending
The cost of maintaining a premium standard of living has risen “significantly” over the past 12 months, according to a report by Julius Baer Group.
Britain’s King Charles III inspects a guard of honor during a ceremony at the Palace of Holyroodhouse in Edinburgh on June 23.
COMMENTARY / World
Jul 6, 2026
King Charles just got a lot more treasure
Charles’ mother Queen Elizabeth II began paying tax only after a public outcry at the government’s decision to pay for expensive repairs to Windsor Castle after a fire in 1992.
Over the past three years, Singapore has overtaken Hong Kong as the top destination for Taiwanese offshore wealth.
ASIA PACIFIC
Jul 2, 2026
‘In case of emergency’: Taiwan’s rising rich flock to Singapore
The city-state has overtaken Hong Kong as the top destination for Taiwanese offshore wealth over the past three years.
U.S. President Donald Trump's worth is an estimated $7.6 billion, according to the Bloomberg Billionaires Index.
BUSINESS
Jul 1, 2026
Trump reports at least $1.4 billion in 2025 crypto earnings
The crypto haul was by far the largest source of U.S. President Donald Trump’s income, according to his latest annual financial disclosure.
According to the 2025 reports on lawmakers' incomes, the average income among nine party leaders stood at ¥24.53 million.
BUSINESS
Jun 30, 2026
Takaichi tops 2025 income rankings for Japan party heads
The prime minister earned ¥36.41 million in 2025 while the average income among nine party leaders stood at ¥24.53 million.
Elon Musk became a household name through Tesla and SpaceX before expanding his influence with the $44-billion acquisition of social media platform Twitter in 2022.
BUSINESS / FOCUS
Jun 12, 2026
SpaceX IPO makes Elon Musk the world’s first trillionaire
Elon Musk became a household name through Tesla and SpaceX before expanding his influence with the $44-billion acquisition of social media platform Twitter in 2022.
Hong Kong's rise in cross-border wealth management "reflects the growing gravitational pull of Asian wealth and capital markets," says Michael Kahlich, a co-author of the study.
BUSINESS
May 28, 2026
Hong Kong beats Switzerland in global wealth management, study finds
There were $2.95 trillion of overseas assets in Hong Kong, based on the volume of foreign capital under management in 2025, compared with $2.946 trillion in Switzerland.
The morning commute in Mumbai, with the Altimus tower in the background.
ASIA PACIFIC / Society
Apr 17, 2026
Mumbai’s skyline is soaring. So is the pressure on housing.
These days, prices for some apartments are on par with parts of New York, and developers are putting in amenities to make analysts and traders feel at home.
Young Japanese are rapidly embracing investing through programs like NISA amid rising markets, and while critics warn of “NISA poverty,” the trend largely reflects a positive shift toward asset-building.
COMMENTARY / Japan
Apr 14, 2026
Are Japan’s youth really in ‘investment poverty’?
let the young max out their retirement account if they like; politicians should focus on ways to boost young people’s take-home pay.
Shohei Ohtani pitches against the Angels during spring training at Dodger Stadium in Los Angeles on Tuesday.
BASEBALL / MLB
Mar 25, 2026
Ohtani tops Forbes’ MLB rich list as revenues soar and labor tensions loom
The Los Angeles Dodgers superstar is projected to earn $127 million in 2026, driven by ​an unprecedented $125 million in off-field income.
Tadashi Yanai, chair and CEO of Fast Retailing, is the richest Japanese on the Forbes' 2026 ranking of the world's richest people.
BUSINESS
Mar 12, 2026
Uniqlo’s Yanai is the richest Japanese on Forbes’ wealth ranking list
With a net worth of $61.8 billion, Tadashi Yanai, chair and CEO of Uniqlo clothing chain operator Fast Retailing, ranked 32nd on the U.S. business magazine’s list.
The Jeffrey Epstein scandal endures because it reinforces public belief that wealthy elites operate with impunity through powerful global networks that shield them from consequences.
COMMENTARY / World
Feb 12, 2026
Epstein saga confirms fears of a class above the law
The word ‘impunity’ is the key to understanding the power of this sickening sex-trafficking scandal.
Avanti Mehta, 32, India's youngest water sommelier, talks about different brands of packaged water at a tasting event.
ASIA PACIFIC / Society
Jan 31, 2026
India’s wealthy embrace a new luxury symbol: water
Premium water is a $400 million business ‍in the ⁠world’s most populous nation and is growing bigger alongside a spreading ‍wellness craze.
The skyline of Lower Manhattan at dawn as seen from across the Hudson River in New York on Oct. 18
BUSINESS / Economy
Jan 19, 2026
Surging billionaire wealth a political threat, Oxfam warns as Davos opens
The collective wealth of the planet’s billionaires soared to a record level in 2025, warning of political consequences as the global elite gathers for the World Economic Forum.
Wealth taxes are difficult to implement, risk reducing growth and capital and cannot solve the structural fiscal challenges facing aging societies and overpromising governments.
COMMENTARY / World
Jan 12, 2026
Wealth taxes don’t work no matter where they’re imposed
Rich people, like all humans, respond to incentives — and there just aren’t enough rich people to pay for everything.
Rep. Alexandria Ocasio-Cortez and U.S. Sen. Bernie Sanders take part in the "Fighting Oligarchy" tour event in Bakersfield, California, in April.
COMMENTARY / World
Dec 24, 2025
The risks of Democrats embracing eat-the-rich populism
Bashing the wealthy, especially when Trump surrounds himself with billionaires and trims the White House in Gilded-Age gold, is an easy layup.
Elon Musk attends the Breakthrough Prize awards in Los Angeles in April 2024.
BUSINESS / Tech
Dec 20, 2025
Musk 2018 Tesla pay plan reinstated after seven-year legal fight
The Delaware high court concluded the world’s richest person is entitled to a stock-based compensation plan now valued at about $140 billion.
Japanese households' financial assets hit a record ¥2.286 quadrillion at the end of September, up 4.9% from a year earlier, according to the Bank of Japan.
BUSINESS / Economy
Dec 17, 2025
Japan households’ financial assets rise to record ¥2.286 quadrillion.
The balance reflects higher stock prices and a rise in the yen value of foreign currency-denominated assets due to a weaker Japanese currency.
Nomura Holdings CEO Kentaro Okuda vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and dealmaking.
BUSINESS / Companies
Dec 2, 2025
Nomura CEO pledges big growth phase in wealth and asset management
Japan’s biggest securities firm has beaten analysts’ profit estimates for the past few quarters as households boost investments and corporate clients do more deals.
Prime Minister Sanae Takaichi talks with Japan’s then-leader, Shinzo Abe, her mentor, at the Lower House of Parliament in December 2014. Takaichi, under so-called Abenomics 2.0, must convert the nation’s asset boom into broad-based economic prosperity benefiting all. 
COMMENTARY / Japan
Nov 14, 2025
How Takaichi can make ‘Abenomics 2.0’ succeed
For now, there is absolutely no evidence that the rise in Japanese asset prices — both stocks and real estate — is feeding a positive wealth effect.
China’s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese scientists identify neural mechanism that may explain why we dislike people
The aggressive mouse (left) used in the experiment and a mouse defending itself
Japanese payment processor’s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
Lenders seek $700 million after Japanese payments firm’s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ¥115.16 billion, according to Tokyo Shoko Research.
Japan’s largest exhibition of women photographers rights a wrong in cultural history
Miwa Yanagi’s “Elevator Girl House” series skewers the superficiality of gender roles through staged images.
Over 70% of accommodations in Japan say they are understaffed amid tourism influx
The number of foreign visitors to Japan reached a high of 42.68 million in 2025.
‘Princess Mononoke’ comes alive in Super Kabuki staging
The “Princess Mononoke” adaptation was created under Shochiku’s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ‘Human Vapor’
Different forms of love and connection form the emotional backbone of Netflix’s “Human Vapor,” says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival
By Alex K.T. Martin

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