The Bank of Japan’s unprecedented monetary easing will fail in its goal of spurring 2 percent inflation, according to Takahiro Mitani, president of the fund that manages the world’s largest pool of pension savings.
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.
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.
Japan’s Government Pension Investment Fund, the world’s largest manager of retirement savings, may need to alter the way it makes investment decisions as it seeks to diversify its portfolio, according to an expert panel advising on public investments.
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)
Japan, the world’s largest pork importer and Asia’s biggest buyer of beef, may agree to remove duties on meat after joining U.S.-led trade talks this month, a former adviser to Prime Minister Shinzo Abe said.
Posterity is watching carefully as Shinzo Abe goes ahead with a sales-tax increase aimed at getting a handle on Japan’s huge debt burden, the world’s largest. Unfortunately history may judge him no better than Ryutaro Hashimoto, the last Japanese prime minister to kill an economic recovery with ill-timed fiscal tightening.