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JAPAN Dai-ichi Life Insurance decided to make an impact investment of ¥100 million ($960,540) in Metcela, a Japanese startup engaging in the development of regenerative medicines for patients with chronic heart failure. This investment is part of the company’s ESG investment programme. According to its latest annual report, the insurer aims, by 2023, to double its total ESG investments from ¥1.37 trillion ($13.16 billion) in 2019. Dai-ichi Life had ¥36.8 trillion in total assets as of September 2020. KOREA The National Pension Service committed a total of $450 million to two North Americ...

The pandemic has unleashed the age of individualism A medic collects swab sample of a man for COVID- 19 test at Narahi after a pregnant woman was found positive for coronavirus in the area, in Lucknow (Photo: PTI)Premium Share Via Read Full Story Humans are considered social animals. But in the last several months of the covid pandemic, all sorts of collective behaviour was discouraged. Individuals were encouraged to remain in their personal space as much as possible and avoid any type of social interaction. So, whether it was working, studying, shopping, praying, dining or entertaining, the...

Impulse shopping usually drives 25% of overall holiday spending, according to The NPD Group. This year, it's expected to drive 18% to 20% — a potential loss of $5 billion to $7 billion in sales for the season, the market research firm estimates. Marshal Cohen, chief industry advisor for The NPD Group, said the acceleration of e-commerce sales during the pandemic — which is expected to outlast the global health crisis — will force retailers to confront the riddle of encouraging impulse buys in an online environment. He said the spending "feeds into the equation no matter what the categor...