Japan retains positive economic outlook amid corporate resilience
Corporate earnings have remained robust, largely thanks to capital expenditure projects, particularly in the high-tech and sustainable energy sectors.
Japan PM Kishida
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Sanae Takaichi tops poll as favourite for Japan’s next Prime Minister among LDP supporters
Takaichi, a long-time LDP politician and the first woman to hold the economic security portfolio, garnered the most support in the survey, surpassing other key figures within the party.
Kishida responds to unification church allegations
According to an Asahi Shimbun report, meetings between Abe, then-Policy Research Council Chairman Fumio Hagiuda, former Defense Minister Nobuo Kishi, and the Unification Church's leadership occurred in the LDP's President’s Room in late June 2013. In response to inquiries about these claims, Kishida affirmed that his prior statements on the issue remain unchanged, asserting that no new information warrants further discussion at this time.
Japan’s elderly population reaches record 36.25 million
The rise is driven by a combination of factors, including longer life expectancy and declining birth rates. The National Institute of Population and Social Security Research projects that by 2040, the elderly will account for over 35% of the population, further exacerbating the country's demographic imbalance.
Japan and Russia hold high-level talks amidst geopolitical tensions
Key topics on the agenda included regional security concerns, economic cooperation, and ongoing territorial disputes.
China’s university to open Ryukyu research centre amid Japan tensions
The planned research centre has sparked concerns that China may use this academic initiative to further assert influence over Okinawa, home to key U.S. military bases and a crucial component of Japan’s national security.
Japan’s PM candidates seek stronger ties to counter China’s Indo-Pacific influence
The heightened geopolitical competition comes as China extends its influence through economic investments, infrastructure development, and security pacts, such as its recent agreement with the Solomon Islands.
Kishida pledges continued strong bilateral ties with South Korea despite leadership changes
Kishida’s assurance came as a reassurance to Yoon amidst Japan’s ongoing political transitions and the anticipated leadership changes in the coming years.
South Korean President urges continued positive momentum as summit with Japanese PM begins
In his opening remarks, President Yoon emphasized that the forthcoming year, which will mark the 60th anniversary of the normalization of diplomatic ties between Japan and South Korea, presents a pivotal opportunity to elevate their relationship to a new level. Yoon described the progress achieved during Prime Minister Kishida’s tenure as president as the most notable improvement in their diplomatic relations since he assumed office.
Motegi proposes suspension of defense tax hike, aims for alternative funding and economic revival
Motegi outlined that while the objectives of enhancing national defense and bolstering childcare support remain crucial, the methods of financing these initiatives are set to change. He proposed leveraging non-tax revenues, specifically utilizing foreign currency assets from the "Foreign Exchange Fund Special Account," to mitigate the impact of sudden exchange rate fluctuations. This approach represents a departure from the Kishida administration's strategy of raising taxes to fund these critical areas.
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