Apr 13, 2015

Huttenlocher's Myriad said to start Japan reflation fund

by Bei Hu

Carl Huttenlocher’s Myriad Asset Management has set up a hedge fund focusing on opportunities arising from Japan’s efforts to end deflation, people with knowledge of the matter have said. Myriad, which oversees more than $4 billion in assets, started its second fund on March ...

Apr 8, 2015

Summer bonuses to rise for second straight year

Summer bonuses are expected to rise for a second straight year, though by less than in 2014, according to private-sector estimates. The average bonus this summer is expected to rise 2.3 percent year on year, to ¥379,000 per worker, Mizuho Securities Co. said Tuesday. ...

Apr 2, 2015

60% of Japanese cut spending after tax hike: BOJ survey

A Bank of Japan survey revealed Thursday that 59.8 percent of respondents tightened their purse strings after the consumption tax hike in April last year. Of them, 75.3 percent said they were still curbing spending, according to the survey, which was conducted between Feb. ...

Companies expect inflation to miss BOJ goal at 1.4%

Apr 2, 2015

Companies expect inflation to miss BOJ goal at 1.4%

Companies expect consumer prices to rise 1.4 percent a year from now but remain below the Bank of Japan’s inflation target of 2 percent, the central bank said in a survey Thursday. The figure was the same as in the previous survey in December, ...