Prime Minister Shinzo Abe’s drive to revise Japan’s pacifist constitution for the first time risks alienating voters who support his economic agenda and dividing his coalition government before July elections.
Marubeni Corp.’s incoming Chief Executive Officer Fumiya Kokubu said he’ll focus on power plants and other infrastructure to curb volatility in earnings that he expects to reach 300 billion yen ($3.22 billion) a year.
Sayuri Shirai , nominated to the Bank of Japan’s board this week, warned as a scholar that governments shouldn’t be fooled into confidence in their debt levels by a lack of stress in the bond market, which can react too slowly to emerging crises.
Japan has the best opportunity to beat deflation in more than a decade, said Heizo Takenaka, the architect of policy changes credited with solving the nation’s bad loan problems after a burst real-estate bubble.
At 8 a.m. on Jan. 10, Takumi Shibata, chief operating officer of Nomura Holdings Inc., walked into the firm’s London boardroom overlooking the River Thames to try to salvage the 2008 acquisition of the European and Asian units of bankrupt Lehman Brothers Holdings Inc.