Japanese firms are flush with cash and the yen is strong, making overseas assets relatively cheap.
Mr Takamiya says returns on overseas assets at MUFG's biggest bank generate about 2.5%, versus less than 1.5% at home.
He added that the firm was also "actively pursuing inquiries" into Savile's overseas assets, which it believed were administered in Guernsey.
For South Korea's tech titans, the need to secure intellectual property and new technology is driving their quest for overseas assets.
What the Icelandic government instead urged was a shrinking of the banking sector, most likely via the sale of overseas assets.
The smart Chinese companies will lay off their risk by buying overseas assets--interesting to think about what Huawei could do with Nortel.
For South Korea's tech companies, the need to secure intellectual property and new technology is driving a quest to acquire overseas assets.
Many of Japan's small investors were burned badly in the financial crisis, when the yen suddenly shot up, leaving those holding overseas assets nursing losses.
Sinopec has been vying with sister company Cnooc for overseas assets.
FORBES: Sinopec Dreaming Big In Deal For Repsol's Brazil Fields
Seeking expansion, he created Cinnovation through which he acquired overseas assets.
The smart Chinese companies will lay off their risk by buying overseas assets--interesting to think about what Huawei could do with Nortel (nyse: NT - news - people ).
Some critics have suggested that Mr Chavez is acting out of fears Venezuela's overseas assets could one day be frozen by sanctions, as happened to his friend and ally, the late Libyan leader Col Muammar Gaddafi.
Yukos pointed out that a ruling in the Netherlands last year already gave the syndicate a claim on the cash due from the sale of the company's overseas assets (chief among them being a big stake in a Lithuanian refinery).
South Korea is likely to see a pickup in merger-and-acquisition activity this year, as its cash-rich companies shop for overseas assets and as the government is expected to renew efforts to unload state-held stakes now that December's presidential election is over.
It forces US taxpayers to declare financial assets held overseas and overseas financial institutions to report on assets owned by US taxpayers.
The FATCA rules will force US taxpayers to declare financial assets held overseas and overseas financial institutions to report on assets owned by US taxpayers.
BBC: Jersey and Guernsey say tax regulation should be global
They often keep their assets overseas during a currency devaluation, and then come in later to buy up domestic assets cheaply.
FORBES: Ask Greek Citizens About Soft (Drachma) Money, And If They Like It
But Streeter successfully argued the government's case that Dreier could have squirreled away substantial assets overseas.
Indian power firms have lately been on a buying binge of coal assets overseas.
While they will continue to buy assets overseas, their ability to buy big will be limited, analysts say.
Besides stocks, a number of independent investment advisers are recommending that investors shift their assets overseas in 2006.
Adani, who has substantial interests in power, has been among those leading the race by Indian power producers to secure coal assets overseas.
FORBES: Fast-rising Indian billionaire clinches Australian port for $2 billion
J's ultra-low 0.25% has fuelled an unhealthy boom in the yen carry trade as investors borrow cheaply in Japan to invest in higher-yielding assets overseas.
But Chinese companies have successfully expanded overseas, buying assets in Central Asia, Africa, South America and Canada, and even small stakes in the Gulf of Mexico.
Despite a short pullback in the aftermath of that failed deal, Chinese companies have expanded overseas, buying assets in Central Asia, Africa, South America, Canada and even small stakes in the Gulf of Mexico.
Hong Kong's Oriental Daily News complains that the high number of "naked" advisers and lawmakers - a term used to denote officials with foreign passports or assets overseas - are turning the two sessions into the "United Nations".
The state-owned company also said it would review its overseas investment strategy and risk controls--a blow to China's second-largest insurer after it successfully lobbied Chinese regulators to be the first insurer allowed to invest 15% of its assets overseas (See " China's Ping An Freed To Pour More Money Overseas").
So-called shell companies, trusts and other legal entities are often used to shield assets from overseas authorities.
Sinopec plans to use the proceeds to acquire overseas oil and gas assets of its parent company, China Petrochemical Corp.
WSJ: Sinopec Issues $3.5 Billion Bond, Asia's Biggest in a Decade
Sinopec plans to use the proceeds to acquire overseas upstream oil and gas assets now held by its parent company, China Petrochemical Corp.
WSJ: Sinopec Issues $3.5 Billion Bond, Asia's Biggest in a Decade
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