In Japan even criminals are getting old. In the country’s notorious yakuza crime syndicates, more than half of members are now over 50, according to the national police agency. Veterans who have passed 70 outnumber those under 20 by two to one, even though teenagers are the groups’ traditional source of “muscle”. Japan is a pioneer in adjusting to the skewed demographics of an ageing society, with the impact of its low birthrates exacerbated by a fierce resistance to immigration. But its dilemmas are increasingly shared around the world. India…
Tag: Pensions industry
Major funds exposed to companies allegedly engaged in Uyghur repression in China
Many of the world’s largest asset managers and state pension funds are passively investing in companies that have allegedly engaged in the repression of Uyghur Muslims in China, according to a new report. The report, by UK-based group Hong Kong Watch and the Helena Kennedy Centre for International Justice at Sheffield Hallam University, found that three major stock indexes provided by MSCI include at least 13 companies that have allegedly used forced labour or been involved in the construction of the surveillance state in China’s Xinjiang region. In recent years,…