By Luciana Lopez and Jonathan Stempel NEW YORK (Reuters) - Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America "the mother lode of opportunity." This year, his 50th at Berkshire's helm, the world's third-richest person could write something quite different. When Buffett releases this year's letter on Saturday, he may point to opportunities outside of the United States, after he recently decided to buy a German motorcycle accessories retailer and said he may shop more in that country. In his letter, eagerly awaited on Wall Street for Buffett's candid thoughts on investing, business and life, the 84-year-old Buffett may detail his vision for Berkshire in the decades to come, including after he is gone. "Warren Buffett recognizes that global investing is going to be an important part of the future," said Michael Yoshikami, chief executive of Destination Wealth Management in Walnut Creek, California and a longtime Berkshire shareholder.
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japanese households cut spending more than expected and retail sales fell for the first time in seven months in January, data showed on Friday, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold. Factory output jumped at the fastest pace in nearly four years in January as companies ramped up spending at home and won more orders in emerging markets, suggesting that exports will keep the economy on track for a moderate recovery. Separate data underscored the dilemma the central bank faces with inflation almost grinding to a halt on slumping oil prices, moving further away from the BOJ's ambitious target of reaching 2 percent around the next fiscal year beginning in April. BOJ Governor Haruhiko Kuroda defended his two-year timeframe for achieving the target on Friday, warning that adopting a relaxed approach to the deadline would undermine efforts to defeat deflation.