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Japanese stocks are rallying, and some small- and mid-cap names could start participating in those gains, some investors say. The iShares MSCI Japan ETF , which focuses on larger cap stocks in the market, is higher by 16% in 2023. Meanwhile, the iShares MSCI Japan Small-Cap ETF is up more than 7% over the same time period. SCJ YTD mountain iShares MSCI Japan Small-Cap ETF this year What's more, cyclical stocks are more heavily represented in small- and mid-cap Japanese equities than among large-caps. Another actively managed fund is the Hennessy Japan Small Cap Investor (HJPSX) .
Persons: haven't, Carlos Asilis, Glovista's Asilis, Hennessy, HJPSX, Morningstar Organizations: Nikkei, Japan ETF, Glovista Investments, Fidelity, Morningstar, Renesas Electronics Locations: Japan, Fidelity Japan
New York CNN —Oracle (ORCL) founder Larry Ellison is reaping the benefits of artificial intelligence popularity, edging past Microsoft (MSFT) founder Bill Gates to land the number four spot on the Bloomberg Billionaires Index on Monday, according to Bloomberg. Ellison is now the world’s fourth-richest person, with a staggering $129.8 billion net worth, Bloomberg reported. He just squeaked past Gates, whose net worth — Bloomberg reported — is currently $129.1 billion. Ellison is the largest stockholder in Oracle and owns approximately 42.9% of its shares, a 2022 SEC proxy statement said. Five years later, they renamed their company “Oracle” after their software.
Persons: Larry Ellison, Bill Gates, Ellison, Gates, , didn’t, Safra Catz, David Geffen, Musashi Organizations: New, New York CNN, Oracle, Microsoft, Bloomberg, — Bloomberg, Bank of America, SEC, Oracle Database Locations: New York, Tesla, California, Hollywood
A Russian soldier has been arrested for beating a commander to death, say local reports. The man drunkenly beat the captain of a military unit to death during a train journey. Both men were part of President Vladimir Putin's military mobilization. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA Russian soldier has been arrested for beating a captain to death, a Russian military court has announced. This is not the first time that Russian soldiers have been involved in drunken brawls.
Paul Allen’s Quest for Sunken Warships
  + stars: | 2022-11-04 | by ( Alexander Wooley | ) www.wsj.com   time to read: +1 min
On Nov. 9-10, Christie’s New York will auction off the art collection of Paul Allen , the late Microsoft co-founder. With more than 150 items, including paintings by Van Gogh, Cezanne and Seurat, the sale is expected to fetch some $1 billion. Allen’s interest in art was well known, but less attention has been paid to another of his passions: tracking down and documenting World War II ships sunk in action. Through his umbrella company Vulcan, Allen funded the discovery and exploration of more than 20 warships, including the American aircraft carriers Lexington and Hornet, the cruiser U.S.S. “Paul Allen single-handedly, privately, set out to find every significant U.S. World War II warship that fought in a major battle or had a significant story to it,” said explorer David Mearns, whose company Blue Water Recoveries worked with Vulcan for more than five years.
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