Japanese Prime Minister Shinzo Abe vowed to use force if necessary to defend islands also claimed by China as tensions rose over visits by his fellow lawmakers to a Tokyo shrine seen in Asia as a symbol of wartime aggression.
The Bank of Japan’s “huge bet” by boosting quantitative easing won’t turn the economy around and is instead sending the nation toward default, said Takeshi Fujimaki, former adviser to billionaire investor George Soros.
Japanese Prime Minister Shinzo Abe’s path to revive the world’s third-biggest economy through increased monetary stimulus will fail to turn around persistent deflation, said Waseda University professor Yukio Noguchi.
Livesense Inc., the jobs portal led by the youngest president of a company on Japan’s top bourse, may raise fees for its information service as the nation’s labor market improves, sending its stock up the most in five months.
Prime Minister Shinzo Abe is riding a popularity wave unseen by six immediate predecessors as he pushes his Bank of Japan nominees through a divided parliament, raising the odds of the ruling party winning a July election.
Nomura Holdings Inc. was fined 300 million yen ($3.8 million), the biggest penalty by the Japan Securities Dealers Association against any firm in 12 years, after employees leaked information on clients’ plans.
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.