Japan will face a fiscal crisis in about a decade unless the nation undertakes fiscal consolidation in the “medium term,” according to Takatoshi Ito, a University of Tokyo professor and former member of the prime minister’s council of economic and fiscal policy.
Japan’s Government Pension Investment Fund should adopt a short-term strategy as the central bank’s plan to spur inflation creates the risk of a bond rout, said the former head of the fund’s investment committee.
Kazutaka Kikawada ran track and field at Fukushima’s Yamafunyu Elementary School before becoming the local boy made good, attending the elite University of Tokyo and carving out a career that made him president of Tokyo Electric Power Co.
July 10 (Bloomberg) -- Janken, the unbeatable Rock, Paper, Scissors robot from the Ishikawa Laboratory at the University of Tokyo, has a secret weapon. How can it predict a human's next move? Video courtesy University of Tokyo. (Source: Bloomberg)
The world’s biggest retirement fund should put half its $1.2 trillion of assets in stocks and increase its yearly return goal to 5 percent, said the head of a panel that advised lawmakers on overhauling public pensions.