The United States, Japan and South Korea held joint naval drills in East Asian waters on Thursday, a major step ahead of President Joe Biden’s transition to Donald Trump. Reuters reported on Thursday (November 14). The drills were led by the US warship USS George Washington and jet fighters. The drills were held in waters […]
Read MoreJapanese lawmakers voted on Monday for Prime Minister Shigeru Ishiba to stay on as leader, after his scandal-tarnished coalition lost its parliamentary majority in a lower house election last month. Ishiba, who called the snap poll after taking office on Oct. 1, must now run a fragile minority government as protectionist Donald Trump returns to […]
Read MoreThe US is Japan’s most important economic and security partner, while Tokyo is a key Washington ally in Asia, providing bases that allow it to keep a large military presence on China’s doorstep. Japanese Prime Minister Shigeru Ishiba hopes to meet US President-elect Donald Trump in the United States this month, four sources said, in […]
Read MoreThe mountain reached the annual milestone on 5 October last year, making this year’s snowcap the latest to form since 1894, when the phenomenon was first recorded. Japan’s revered Mount Fuji finally regained an iconic snowcap on Thursday, setting a record for the slowest snowfall in 130 years, the meteorological agency said. The mountain reached […]
Read MoreAuthorities have ordered 200,000 people to evacuate western Japan due to landslides and floods. They have been told to leave by Saturday (November 2). The Japan Meteorological Agency said warm, humid winds were bringing heavy rain and thunderstorms to western Japan. Matsuyama city has issued a top-level warning, urging 189,552 residents in 10 districts to […]
Read MoreBut the central bank projected inflation to move around its 2% target in coming years, stressing its resolve to keep hiking borrowing costs if the economy sustains a moderate recovery. The Bank of Japan maintained ultra-low interest rates on Thursday and signalled the need to scrutinise global economic developments, highlighting its focus on risks to […]
Read MoreThe uncertainty sent the yen currency to a three-month low as analysts prepared for days, or possibly weeks, of political wrangling to form a government and potentially a change of leader. The make-up of Japan’s future government was in flux on Monday after voters punished Prime Minister Shigeru Ishiba’s scandal-tainted ruling coalition, leaving no party […]
Read MoreNada Choueiri, the IMF’s Japan mission chief, also urged Japan to raise interest rates at a gradual pace and compile supplementary budgets only when a big shock hits the economy. A weak yen is beneficial for Japan’s economy as the boost to exports exceeds the increase in the cost of imports, a senior International Monetary […]
Read MoreThe Liberal Democratic Party (LDP), which has ruled Japan for almost all of its post-war history, and junior coalition partner Komeito were set to win between 174 and 254 of the 465 seats in the lower house of Japan’s parliament. Japan’s ruling coalition is set to lose its parliamentary majority, exit polls for Sunday’s general […]
Read MoreJapan’s general election is Sunday. Candidates are busy campaigning for the election on Saturday (October 26) to attract voters. Opinion polls show that the current ruling coalition government may not even get an outright majority in this election. If that happens, it will bring the worst result for the Liberal Democratic Party (LDP) since 2009. […]
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