Japanese companies may wait to invest in clean energy technology until the government determines renewable energy tariffs and a framework for deregulating the nation’s power industry, long monopolized by regional utilities.
Tokiko Shimizu , the Bank of Japan’s first female branch chief, says the country’s tendency to shield women from responsibility is what’s holding many back. At 45, the youngest among 32 regional heads, she is bucking the trend.
Japanese officials won’t intervene further in the currency market unless they see evidence of speculative buying strengthening the yen, according to Naomi Fink , head of Japan strategy at Jefferies Japan Ltd.
Japanese Prime Minister Naoto Kan heads a party that has stumbled in the polls, jettisoned the previous leader and may lose its upper-house majority on July 11. His strategy to lure voters: suggest they pay higher taxes.
Yukio Hatoyama overturned half a century of one-party politics when he led his Democratic Party of Japan to power nine months ago. Yesterday he showed he’s much like his predecessors by becoming the fourth premier in three years to resign.