The Bank of Japan is considering refraining from issuing a monetary-base forecast for 2015 to avoid signaling a commitment to easing for a specific time period, according to people with knowledge of the matter.
Osaka prefecture in western Japan canceled the 78.1 billion yen ($760 million) sale of a commuter rail line after local lawmakers rejected Lone Star Funds as the winning bidder, according to a person with knowledge of the matter.
Takao Suzuki was chairing a board meeting on the fourth floor of Daito Bank Ltd. headquarters when the earthquake struck. As windows shattered and the floor shook, he dashed for the door, opening it to secure an escape route.
Nomura Holdings Inc.’s appointment of domestic brokerage head Koji Nagai as the new chief signals a retrenchment into its home market as Japan’s biggest investment bank reels from an insider-trading scandal and losses overseas.