Japan’s chief executives are preparing their businesses for the first rate hike since 2007, with the central bank widely expected to end its negative interest rate policy within weeks, or even days. “Finally, Japanese companies can increase the price of items, and that’s the first step to increase compensation and hourly wages,” Hisayuki Idekoba, chief executive officer of Recruit Holdings Co., told Haslinda Amin in an interview for Bloomberg TV’s Latitude, airing March 28. “It’s just a matter of time” until the the Bank of Japan returns to a normal situation, he said. Inflation in the island nation appears to be ... (full story)