Remo Ruffini: Eye to Eye (3/17)

March 17 (Bloomberg) -- Meet Remo Ruffini, the entrepreneur who conferred the down jacket luxury status. A decade ago he bought Moncler, and successfully re-launched the brand enhancing its French heritage. It was the start of an international trend: the colored padded jackets left the mountains of Grenoble for the streets of London, Tokyo and New York. Remo says his mission is to survey fashion, and that Moncler is the ultimate global luxury player: beautiful and functional. (Source: Bloomberg)

Japan’s 10-Year Goes Negative
22:46 - The yield on Japan’s benchmark 10-year government bonds fell below zero for the first time, an unprecedented level for a Group-of-Seven economy, as global financial turmoil and the Bank of Japan’s adoption of negative interest rates drive demand for the notes. The 10-year yield has tumbled from 0.22 percent before the BOJ surprised markets with the decision on Jan. 29 to introduce a minus 0.1 percent rate on some of the reserves financial institutions park at the central bank. Berenberg Chief Economist Holger Schmieding discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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