Prime Minister Shinzo Abe’s success in spurring inflation risks triggering a Japanese government debt selloff as the second-biggest JGB holder may begin switching to higher-yielding assets.
Japan Post Holdings Co., the country’s biggest holder of bank deposits, will start selling more insurance products by Aflac Inc., the largest provider of supplemental health insurance.
Japan’s current-account surplus shrank last fiscal year to the smallest on record, highlighting challenges for Prime Minister Shinzo Abe in driving a recovery in the world’s third-largest economy.
Miho Marui isn’t exactly sure how she wound up standing on top of a bus on a blustery Tokyo day in 2009, staring up at the 35-story headquarters of KDDI Corp.
Japanese shares rose, with the Topix index erasing yesterday’s decline, as energy explorers and insurance companies led the advance.
Japan’s Topix index climbed after preliminary China manufacturing data beat estimates and Federal Reserve minutes showed policy makers see little risk continued stimulus will spur faster inflation.