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Japan
Japan OKs enemy base strike capability in major defense policy shift
Japan decided Friday to acquire the capability to strike enemy bases and double defense spending in a dramatic shift in its postwar security policy under the nation's war-renouncing Constitution, provoking a harsh backlash from China.
With…
Japan ruling camp OKs permanent NISA tax-free investment scheme
Japan's ruling parties agreed Friday to make permanent a tax-free scheme for households to boost investment, in line with Prime Minister Fumio Kishida's drive to encourage households with abundant cash to invest more.
The NISA reform plan…
Japan foreign minister eyes China visit in Dec. amid strained ties
Japanese Foreign Minister Yoshimasa Hayashi is considering visiting China later this month, diplomatic sources said Wednesday, as the two nations look for ways to stabilize bilateral ties that have often been strained over issues including…
LDP lawmaker questioned over underreporting political funds
Prosecutors have questioned ruling Liberal Democratic Party lawmaker Kentaro Sonoura on a voluntary basis on suspicion of underreporting some 40 million yen ($296,000) in political funds, sources close to the matter said Tuesday.
The…
Japan to boost defense spending to 6.5 trillion yen in FY 2023
Japan will likely boost its defense spending to around 6.5 trillion yen ($47 billion) in fiscal 2023 from the current 5.2 trillion yen, sources close to the matter said Monday, in a five-year effort to double the expenditure to better…
Japan eyes higher corporate, tobacco taxes to fund defense spending
Japan is considering raising corporate and tobacco taxes in stages, as well as tapping revenue from a temporary tax measure for its recovery from a major earthquake, to cover a planned increase in defense spending, according to people with…
China should respect status quo in Taiwan Strait, Japan’s LDP policy chief says
China should refrain from using force to change the status quo in the Taiwan Strait, a senior figure in Japan’s ruling party said on a visit to Taipei, a comment that come as Beijing escalates its economic punishments of the democratically…
Kishida, Obama call for nuke-free world at Hiroshima int’l meeting
Prime Minister Fumio Kishida and former U.S. President Barack Obama on Saturday called for a world without nuclear arms amid Russian threats to use them in the war in Ukraine and North Korea's rapid development of its weapons programs.…
Japan will vow “counterstrike capability” in key security documents
The Japanese government will vow in key security documents to be revised this month to acquire "counterstrike capability" but exclusively for defense purposes under the war-renouncing Constitution, a government source said Friday.
The…
Japan enacts law to prohibit malicious donation solicitations
Japan enacted on Saturday a law to ban organizations from maliciously soliciting donations following controversy over the fundraising practices of the Unification Church, after the Cabinet made concessions on key issues with the opposition…