Latest Articles by Ishita Agarwal

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CDP leadership race highlights nuclear-free pledge

Among the candidates, only one has prominently pledged to pursue a "nuclear-free society," a commitment reflecting the party’s platform. This pledge is rooted in lessons learned from the Democratic Party’s handling of the Fukushima Daiichi nuclear disaster in 2011. The CDP’s platform underscores its dedication to phasing out nuclear energy and transitioning to alternative energy sources as a priority.

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LDP Presidential candidates debate reform and labor issues

The candidates were united in their commitment to addressing LDP’s transparency and financial management issues. Minister of Economic Security Takaichi emphasized that strict measures would be enforced to prevent future infractions, insisting that penalties for misconduct would not be overturned. Kobayashi Takayuki proposed creating a 'Party Modernization Executive Headquarters' to establish and enforce new rules aimed at restoring trust through increased transparency.

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Singapore set for stock market rebound as Hong Kong’s influence declines

However, despite this capital influx, Singapore’s stock market has lagged in performance compared to its burgeoning private markets. The EIU report highlights that while private wealth and investment have reached unprecedented levels, the Singapore stock market has struggled. It has shown relatively poor performance, characterized by low trading volumes and less transparent corporate disclosure practices.

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Yen weakens as U.S. rate cut expectations fade

The yen briefly weakened to approximately 143.03 yen per dollar around 4:30 p.m. on the same day. This depreciation occurred against the backdrop of a rebound in the Tokyo stock market, with the Nikkei average rising over 1,200 yen. This uptick in stock prices was fueled by gains in U.S. tech stocks, fostering a risk-on sentiment among investors, which further pressured the yen.

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Court orders Coca-Cola Israel to pay hundreds of millions in back taxes

The court's ruling, which came after years of legal battles, upholds the Israel Tax Authority’s assessment that Coca-Cola Israel owes taxes for royalty payments made between 2010 and 2017. These payments, intended for using Coca-Cola's global trademarks and intellectual property, were deemed to have been improperly classified to evade tax obligations.

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Six UNRWA staff killed in Israeli airstrikes on Gaza school

The school, which had been hit five times since the onset of the current conflict, was home to around 12,000 displaced individuals at the time of the strikes. The UNRWA condemned the attacks, stating, "No one is safe in Gaza; no one is spared." The Israeli Defense Forces (IDF) asserted that their airstrikes were aimed at a Hamas command and control center. IDF spokesman Nadav Shoshani confirmed that the military had requested detailed information from UNRWA to review the circumstances surrounding the deaths.

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Pope Francis celebrates mass in Singapore, delivers homily to 50,000

In his homily, Pope Francis emphasized themes of unity and peace, urging attendees to foster harmony in their lives and communities. He spoke of the importance of solidarity and compassion in a rapidly changing world, encouraging individuals to reflect on their roles in building a more inclusive society. His message resonated deeply with the diverse audience, which included a wide cross-section of Singapore's Catholic population as well as visitors from neighboring regions.

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Endorsements for Toshimitsu Motegi in LDP Presidential election

Motegi’s candidacy is supported by a broad coalition of influential figures across various factions within the party. Among the notable supporters from the House of Representatives are Shindo Yoshitaka from Saitama, Azuma Kan of Hokkaido, and Ueda Hidetoshi representing Toyama, all aligned with the Motegi faction. Other significant endorsements include Onishi Hideo from the Abe faction and Kajiyama Hiroshi, who stands as an independent.

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Hyogo assembly to vote on no-confidence motion against Governor Saito

On September 12, all parties, including the Liberal Democratic Party (LDP) with 37 members, Komeito (13 members), the Hyogo Prefectural Citizens' Alliance (9 members), and the Communist Party (2 members), as well as four independents, announced their intention to resign immediately. The LDP Secretary-General, Kitano Minoru, underscored the gravity of the situation, stating, "We urge the governor to heed the unified demand of all parties." The Japan Innovation Party, the second-largest faction with 21 members, had previously called for a resignation and new election on September 9.

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LDP Presidential race: Ishiba and Koizumi lead in crowded field

The announcement was made in the LDP headquarters' 8th-floor hall, where the candidates delivered their speeches to a gathering of lawmakers and party members. Due to the high number of contenders, each candidate was allotted just 10 minutes to present their platform, a notable reduction from the 20 minutes typically given when fewer candidates are involved.

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