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Japan CEOs Learn ‘Globish’ to Expand Overseas as Economy Stalls

Oki Matsumoto, chief executive officer of online trader Monex Group Inc. and a former Goldman Sachs Group Inc. partner, has a solution to Japan’s stagnant domestic economy: Learn “globish.”

Matsumoto holds regular parties at the Tokyo-based company where employees must speak globish, or global English, a language for non-native speakers using basic grammar and a vocabulary of 1,500 words. Fast Retailing Co., Asia’s biggest clothing chain, and Internet shopping mall Rakuten Inc. are also promoting English to help employees communicate with international partners and expand overseas.