JGB Futures Edge Lower as Investors Assess Mixed Signals
TREASURYS 0009 GMT — JGB futures edge lower in the early Tokyo session as investors assess mixed signals. On the one hand, Japan's sovereign debt will probably be supported by potential safe-haven demand driven by the U.
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Associated Press
28 minutes ago
- Associated Press
What Happens When Strangers from 96 Countries Share a Home in Japan
TOKYO, JAPAN, June 23, 2025 / / -- An Inside Look at One of Japan's Most International Co-Living Networks Living abroad for the first time often brings various challenges, particularly in countries where language and housing systems differ significantly from those in one's home country. In Japan, these challenges are well-known, especially for international residents unfamiliar with the language or culture. OAKHOUSE, one of Japan's largest co-living providers, offers a housing option that appeals to those navigating this unfamiliar environment. Founded in 1992, the company manages over 4,800 rooms across more than 200 properties in Tokyo, Osaka, Kyoto, and other cities. OAKHOUSE provides a wide range of options, from dormitory-style accommodations to private studio units, but it is the resident community that defines the company's distinctive character. Diverse, International Resident Base According to internal data, approximately 66% of OAKHOUSE residents are non-Japanese, representing 96 different nationalities. Among these, residents from France and the United States are among the largest foreign groups, alongside individuals from other European and Asian countries. Such international representation is rare in the Japanese housing market, where foreigners often encounter high entry barriers, including complex rental contracts, language limitations, and the need for a Japanese guarantor. OAKHOUSE has developed systems that reduce these burdens and encourage broader participation. Mr. Katayama of the Sales Promotion Department, who has played a central role in developing OAKHOUSE's co-living concept, explains that the company emphasizes daily communication and exchange among residents. 'We operate with the philosophy of 'enjoy living'. More than 300 resident events are organized annually to encourage interaction.' Resident Demographics The majority of residents are in their 20s or 30s, with those aged 25–29 comprising the largest age group at 26%. The community also includes a range of older residents, including individuals in their 60s and 70s. For example, one current resident teaches at a famous university in Tokyo, while another previously worked as an executive at a global technology company. Occupational backgrounds vary widely. Many residents are full-time employees, students attending language schools or universities, part-time workers, freelancers, and individuals on short-term work contracts. This broad range of experiences reflects the flexibility and accessibility of the co-living model that OAKHOUSE has cultivated. English-Friendly, Multilingual Living In many OAKHOUSE properties, English serves as a common language, allowing communication among residents from different countries. While Japanese remains the primary language in formal contexts, English is frequently used in communal spaces such as kitchens and lounges. Staff members are generally able to assist in English, and residents often participate in informal language exchange sessions or cultural events. These interactions promote not only communication, but also community building across diverse backgrounds. An Accessible Option for Foreign Residents Compared to conventional rental systems in Japan — which may involve high deposits, complex paperwork, and long-term commitments — OAKHOUSE offers a simplified process. Contracts are designed to be flexible, and in many cases, new residents are able to move in within just a few days. Although co-living may not be suitable for every individual, the model is increasingly appealing to those seeking a more social, international, and adaptable living environment. For many, this housing option has provided more than just a place to stay — it has served as a starting point for building a life in Japan with a supportive community. Nayun Choi OAKHOUSE Co., Ltd. email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
28 minutes ago
- Associated Press
World Football Summit comes to Hong Kong as it's first-ever edition in the city
World Football Summit gathers Cannavaro, Ferdinand, Terry and other icons of the beautiful game to prove Asia's potential in its first event in the city. HONG KONG, HONG KONG, June 23, 2025 / / -- The future of football is being written in Asia. It starts in Hong Kong. World Football Summit (WFS) is set to redefine the global football landscape with its inaugural Hong Kong summit on September 2nd-4th, marking a pivotal moment where technology, culture, and strategic vision converge at the heart of Asia's football revolution. As the Asian football market surges to a remarkable USD 7.187 billion, with digital engagement breaking records and investment opportunities expanding, this summit represents a critical junction in the sport's global narrative. The Asian Football Confederation has witnessed a 20% growth in digital followers, with website page views exploding by 258%—a testament to a market on the brink of unprecedented transformation. 'Our Hong Kong summit transcends a traditional conference,' explains Jan Alessie, Co-founder and Managing Director at World Football Summit. 'We're creating a global platform where football's most innovative minds will explore how East and West can reshape the beautiful game's future.' The inaugural WFS Hong Kong, proudly supported by the Hong Kong Tourism Board, is designed to provide a platform where football legends meet tech innovators. Where East meets West. Where digital transformation isn't just discussed—it's demonstrated. Part of the lineup reads like a football hall of fame, given the caliber of the legends that have confirmed their participation so far. ● Rio Ferdinand, Manchester United legend ● Fabio Cannavaro, 2006 Ballon d'Or winner, member of the 2006 WC winning team ● John Terry, Chelsea FC legend ● Romy Gai, Chief Commercial Officer, FIFA ● Javier Zanetti, Inter Milan Vice President and legend ● Carles Puyol, Barcelona legend and member of the 2010 World Cup winning team ● Davor Suker, former Croatian FA President, 1998 WC Golden Boot ● Fabio Capello, former football coach and player ● Pierluigi Collina, former famous referee and Chairman at FIFA Referee Committee In addition to these global football icons, prominent local leaders will also be taking part in the event. These include: ● Dr. Allan Zeman, Chairman of Lan Kwai Fong Group ● John Sharkey, CEO of Kai Tak Sports Park ● Crystal Wong, Vice President – Asset Management at K11 Concepts Limited The full lineup of speakers will dive deep into the most critical questions facing football: How do digital technologies redefine fan experiences? What are the new investment models in sports? Hong Kong: a new hub for sports development? The general summit themes are razor-sharp: ● Fan Engagement in the Digital Age ● Football's Cultural Crossroads ● East and West: Reimagining Football Relationships ● Digital Transformation and Innovation 'Hong Kong represents a unique gateway between global football markets,' added Filipe Gonçalves, Chairman at Asia Partners IFBD, WFS strategic partner in Asia. 'This summit is not just an event—it's a strategic bridge connecting diverse football ecosystems, positioning Asia at the forefront of the sport's next evolution.' From broadcasting innovations to sustainable business models, from talent development to cross-continental investments, the WFS Hong Kong summit will provide an unparalleled platform for connection, insight, and strategic thinking. With an expected attendance of over 4,000 international industry professionals, more than 50 exhibitors and over 100 speakers, the event promises to be a defining moment in football's global evolution. A dedicated fan zone will transform the event from a conference into a celebration. Interactive experiences, egaming, football skills competitions, classic memorabilia—this is where strategy meets passion. Global football summit brought to Hong Kong for the first time, proudly supported by the Hong Kong Tourism Board World Football Summit Hong Kong 2025 is proudly supported by the Hong Kong Tourism Board. With the tremendous support, WFS is aimed to elevate the city's positioning as a premier destination for global sports business and innovation. By supporting WFS, the Hong Kong Tourism Board reaffirms its commitment to attracting world- class international events and leveraging the power of football to enhance the city's global appeal, economic development, and regional influence within the Greater Bay Area. This partnership highlights the shared vision of making Hong Kong a central hub for the future of the sports industry in Asia and beyond. Event Details: ● Date: 2nd-4th September,2025 ● Location: AsiaWorld-Expo, HongKong ● Focus: Connecting the global football ecosystem ● Expected Attendance: 4,000+ international professionals The future of football is being written. Will you read it or write it? Contact and media accreditation: Jaime Domínguez - Communications Director, World Football Summit [email protected] Marta Lop - Marketing Director APAC, World Football Summit [email protected] About World Football Summit World Football Summit is a leading international organization for the football industry. Through its platform, we organize events across four continents that bring together key stakeholders from the ecosystem, fostering business opportunities, collaboration, and innovation in the sector. Thousands of professionals representing companies and institutions from around the world actively engage with WFS. About Asia Partners IFBD Asia Partners IFBD is a premier investment IP company specialising in the sports sector. We focus on investing in innovative intellectual property (IP) concepts and collaborating with top- tier players in the industry. Our extensive network and expertise allow us to work alongside the best football players and organizations. Enrique Vega WORLD FOOTBALL SUMMIT [email protected] Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
28 minutes ago
- Yahoo
Fondaction's share price set at $16.70
Highlights of the fiscal year ended May 31, 2025 Share value of $16.70, down $0.03 from the value established following the 6-month period ended November 30, 2024 and up $0.55 from the fiscal year ended May 31, 2024 Annual shareholder return of 3.4%, while shareholder return for the last 6-month period was -0.2% Annual compound shareholder returns: 3.4% over 1 year; 3.6% over 3 years; 5.8% over 5 years and 5.0% over 10 years, excluding tax credits Comprehensive income of $133.4M for the 6-month period Net assets reached $4.04B on May 31, 2025, up $268M or 7.1% from $3.77B as at May 31, 2024 222,451 shareholders, an increase of 1.8% compared with May 31, 2024 The carbon footprint of listed investments on the financial markets ("Other investments" category) is estimated at 20.1 tonnes CO2eq/$M invested, which is 52% less than the benchmark index as at April 30, 2025 MONTRÉAL, June 23, 2025 /CNW/ - Fondaction announces that as of today, its share value is set at $16.70. This represents an increase of $0.55 from the share value as at May 31, 2024. For the 6–month period ended May 31, 2025, shareholder return was -0.2% and shareholder return over the last 12 months was 3.4%. Share value following the 6-month period ended November 30, 2024 was $16.73. "For the first time, Fondaction's net assets have surpassed the $4 billion mark. Our community of shareholders continues to grow. Nearly a quarter of a million people have chosen to entrust us with some of their savings to help prepare for their retirement and contribute to shaping the world in which they will enjoy it. Our conviction remains unchanged, even in a more challenging economic landscape: companies that generate positive environmental and social spinoffs are most likely to deliver better financial returns in the long term. It's these companies that we aim to support through our investments," says Geneviève Morin, President and Chief Executive Officer of Fondaction. Fondaction's annual compound shareholder returns are 3.4% over 1 year, 3.6% over 3 years, 5.8% over 5 years and 5.0% over 10 years, calculated based on the variation of the share value between its value at the start of each indicated period and the value of $16.70 as at May 31, 2025. These returns do not take into account tax credits that could be granted to taxpayers when subscribing to Fondaction shares, subject to their eligibility. For the fiscal year ended May 31, 2025, the gross returns are 4.5% for development capital investments and 7.9% for other investments. The total operating expense ratio was 2.32% for the fiscal year ended May 31, 2025, compared to 2.19% for the fiscal year ended May 31, 2024. Net assets increased by 7.1% during the fiscal year to $4.04B as at May 31, 2025. On May 31, 2025, Fondaction had 225,451 shareholders, 1.8% more than on May 31, 2024. Share issuance totalled $389.2M, compared with $389.6M for the fiscal year ended May 31, 2024. Redemptions and purchases by agreement of shares totalled $254.5M, compared with $202.5M for the 2024 fiscal year. As a long-term investor, Fondaction has chosen to integrate sustainability as a key consideration in its investments. This approach explains why the carbon footprint of the "Other investments" portfolio (listed investments on the financial markets) is estimated at 20.1 tonnes CO2eq/$M invested, compared to 41.4 tonnes CO2eq/$M invested for the index selected by Fondaction, which is 52% lower than that of the securities of a benchmark portfolio as at April 30, 2025. These values are based on data available on April 30, 2025, and were calculated using the PCAF methodology, in tonnes of GHG emissions CO2 equivalent per million dollars of enterprise value. The benchmark portfolio is composed of 40% MSCI ACWI, 40% FTSE Canada Universe Bond and 20% TSX Composite. Each shareholder rate of return indicated represents the historical annual compound total rate of return including changes in share value and reinvestment of all dividends, as applicable, and does not take into account income taxes payable by any shareholder that would have reduced the return. The rate of return serves only to illustrate the effects of the historic growth rate and is not intended to reflect any future share values or the return on an investment in the shares. There are ongoing costs associated with owning shares in an investment fund. Fondaction shares are not guaranteed. They are an investment whose value and performance will fluctuate, and past performance should not be taken as an indication of future performance. Before investing, please read the prospectus at About Fondaction A forerunner for almost 30 years, Fondaction is the investment fund for individuals and companies that are mobilizing for the positive transformation of Québec's economy, making it fairer, more inclusive, greener and more performant. As a labour-sponsored fund created at the initiative of the CSN, Fondaction represents tens of thousands of savers and hundreds of companies committed to helping Québec progress. It manages more than $4B in net assets, as at May 31, 2025, invested largely in hundreds of businesses and on the financial markets, prioritizing investments that generate positive economic, social and environmental spinoffs in addition to a financial return. Fondaction helps maintain and create jobs, reduce inequalities and combat climate change. For more information, visit or our LinkedIn page. 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