Japan Prime Minister Sanae Takaichi

Japan’s Prime Minister Takaichi Signals Snap Election Soon After Parliament Opens

Japan’s Prime Minister Sanae Takaichi plans to dissolve the lower house of parliament for a snap election shortly after the annual parliamentary session begins next week, officials from her ruling coalition confirmed on Wednesday. “I was notified by Prime Minister...
Japan Finance Minister Satsuki Katayama

Japan Signals Possible Yen Intervention as Currency Falls to 158 Per Dollar Amid Election Speculation and Rising Import Costs

Japan’s Finance Minister Satsuki Katayama signaled growing concern over the yen’s sharp decline, suggesting Tokyo may step up market interventions to stabilize the currency. Katayama emphasized shared worries with U.S. Treasury Secretary Scott Bessent over what she described as the...
Japan Launches World-First Deep-Sea Mining Mission

Japan Launches World-First Deep-Sea Mining Mission Near Minamitori Island to Secure Rare Earths and Cut Dependence on China

Japan took a bold step toward securing critical minerals on Monday as a government-backed deep-sea mining vessel set sail on a pioneering mission to extract rare earth–rich mud from the ocean floor near the remote Minamitori Island, highlighting Tokyo’s growing...
Japan Prime Minister, Sanae Takaichi

Japan PM Sanae Takaichi Signals Possible Snap Election as Coalition Ally Says Decision Has Entered ‘New Stage’

Japanese Prime Minister Sanae Takaichi is edging closer to calling a snap general election, a move that would test her personal mandate for the first time and could reshape Japan’s political landscape amid economic uncertainty and rising tensions with China....
Japan’s Chubu Electric Power's Hamaoka Nuclear Power Station

Japan Nuclear Plant Operator Admits Potential Underestimation of Earthquake Risks Amid Restart Plans

Japan’s Chubu Electric Power has revealed that it may have underestimated the earthquake risks at its Hamaoka nuclear plant, raising fresh safety concerns as the nation moves to revive its nuclear energy sector nearly 15 years after the Fukushima disaster....
Venezuela Oil

Oil Prices Drop After US Forces Seize Venezuelan Leader Maduro, Raising Prospect of Oversupply from World’s Largest Oil Reserves

Oil prices edged lower on Monday (Jan 5) after a dramatic United States military operation in Venezuela raised the prospect of increased crude supply from the OPEC nation with the world’s largest proven oil reserves, deepening concerns about a global...
Japan Self-Defence Forces' (SDF)

Japan Approves Record Defence Budget as Regional Tensions with China Intensify

Japan’s Cabinet on Friday approved a record defence budget plan exceeding ¥9 trillion (about US$58 billion) for the coming fiscal year, underscoring Tokyo’s accelerating military buildup as security tensions rise across East Asia, particularly with China. The draft budget for...
Bank of Japan (BOJ)

Hundreds to Sue Japanese Government Over ‘Unconstitutional’ Climate Inaction in Landmark Case

Hundreds of people across Japan will file a landmark lawsuit against the central government on Thursday (Dec 18), seeking damages for what they describe as “unconstitutional” inaction on climate change. The case, the first of its kind in the country...
Japan Prime Minister, Sanae Takaichi

Japan PM Takaichi Seeks Dialogue as Japan–China Tensions Flare Over Taiwan Remarks

Japanese Prime Minister Sanae Takaichi said on Wednesday that she remained “always open” to dialogue with China, even as diplomatic tensions between Tokyo and Beijing continue to simmer following her remarks on Taiwan that triggered a sharp backlash from Beijing....
Japan Prime Minister, Sanae Takaichi

Japan: Takaichi cabinet Approves Record ¥42.8 Trillion Stimulus Package Amid Domestic and Geopolitical Challenges

The Takaichi cabinet approved a record-breaking stimulus package totaling 42.8 trillion yen (US$273.77 billion) on Friday, marking the largest fiscal expansion in Japan since the Covid-19 pandemic. The package, which includes a 17.7 trillion yen ($113.21 billion) supplemental budget, is...
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