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Analysis: Japan's mission impossible: to spend $100 billion in 15 months

What do you buy the nation that already seems to have everything? That is the question facing Japanese Prime Minister Shinzo Abe as he aims to spend more than $100 billion on infrastructure in the next 15 months to help revive his country's economy. But with its gleaming bullet trains, jungles of elevated highways and strings of man-made islands, ultra-modern Japan doesn't appear to want for much.

 

Permira to Buy Sushi Chain for About $1 Billion

European private-equity firm Permira said it would buy Japanese sushi chain Akindo Sushiro for around $1 billion, making a bet that the popular restaurant brand can expand beyond Japan.

 

World Bank: Japan reconstruction may take 5 years

Japan may need five years to rebuild from the catastrophic earthquake and tsunami that has caused up to $235 billion of damage, the World Bank said Monday.

 

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