Markus Winter SPECIAL TO EMIRATES BUSINESS Kasumigaseki vs Nagatacho – Japan’s powerful bureaucracy versus its political center. For the past three years, Prime Minister Shinzo Abe has decidedly tilted the balance in the latter direction. After over half a century of almost unbroken LDP (Liberal Democratic Party) rule, the Democratic Party (DPJ) won a landslide victory in 2009 to ...

  Bloomberg Japan’s real estate investment trusts have soared in value to become the priciest in the world. More purchases by one of the biggest investors in the landlord business — the Bank of Japan — may help propel prices even higher. Buying by the BOJ has helped boost premiums on J-REITs, which manage rental properties such as apartments, offices ...

  Bloomberg Scorching prices in Canada’s top housing markets are unlikely to see declines because the major drivers are beyond the reach of traditional monetary policy, according to Bank of Montreal’s top economists. “Monetary policy can’t do anything about the inferno,” according to the draft of a report led by Douglas Porter, the bank’s chief economist . “None of the ...