Japan’s new PM commits to higher defence spend, ties with India, Quad

Japan’s new PM commits to higher defence spend, ties with India, Quad

In a dramatic announcement three days after she was sworn in, Japanese Prime Minister Sanae Takaichi said her government will ensure that Japan’s defence spending would increase to 2% of its GDP by March 2026, two years ahead of schedule, even as she pledged support for “security partnerships” like the Quad, which includes India. Ms. … Read more

Japan allows over-the-counter emergency contraception pill for the first time

Japan allows over-the-counter emergency contraception pill for the first time

Japan has for the first time approved over-the-counter sales of an emergency contraceptive pill, its manufacturer says, allowing women in the country to take the medication without prescription. ASKA Pharmaceutical said wider access to the pill would “empower Japanese women in the area of reproductive health”. A date for it to go on sale has … Read more

Sanae Takaichi | Madam conservative

Sanae Takaichi | Madam conservative

Sanae Takaichi | Photo Credit: Illustration: Sreejith R. Kumar When the Liberal Democratic Party (LDP) elected Sanae Takaichi as its new leader on October 4, it marked a watershed moment in Japanese politics. For the first time, the ruling party entrusted its helm to a woman, and in doing so made her the frontrunner to … Read more

Yen trims weekly advance as investors weigh BOJ, election impacts

Yen trims weekly advance as investors weigh BOJ, election impacts

The yen edged lower on Friday, trimming its sharpest weekly gain in more than four months, as traders considered the impact of potential rate increases by the Bank of Japan and a leadership election this weekend. BOJ Governor Kazuo Ueda reiterated that the central bank would continue raising interest rates if the economy and prices … Read more

Revanth Reddy meets top Japanese conglomerate, bags marquee global investor for Future City

Revanth Reddy meets top Japanese conglomerate, bags marquee global investor for Future City

Chief Minister A Revanth Reddy at a meeting with the senior leadership of Marubeni Corporation in Tokyo, Japan, on Thursday. A world-class, next-generation industrial park will be developed on 600 acres in a phase-wise manner in Future City, Hyderabad, with the proposed investment of ₹1,000 crore by Marubeni Corporation, a leading Japanese industrial conglomerate with … Read more

Trump includes U.S. troop costs in tariff talks with Asian allies

Trump includes U.S. troop costs in tariff talks with Asian allies

The tens of thousands of U.S. troops stationed in South Korea and Japan appear set to be part of President Donald Trump’s tariff negotiations, despite efforts by both countries to separate security talks from trade. In posts on the Truth Social platform, Mr. Trump said defence cost-sharing would be part of “one-stop shopping” negotiations with … Read more

Another Rocky Day in Markets: Stocks in Asia Resume Their Slide

Another Rocky Day in Markets: Stocks in Asia Resume Their Slide

Market turmoil extended into Wednesday’s trading session in Asia, as stocks across the region faced renewed downward pressure amid the impending imposition of significantly higher taxes on imports to the United States. Benchmark indexes in Japan and Hong Kong opened down more than 3 percent on Wednesday morning, following a day on Wall Street when … Read more

How Trump Supercharged Distrust, Driving U.S. Allies Away

How Trump Supercharged Distrust, Driving U.S. Allies Away

The F-35, a fifth-generation fighter, was developed in partnership with eight countries, making it a model of international cooperation. When President Trump introduced its successor, the F-47, he praised its strengths — and said the version sold to allies would be deliberately downgraded. That made sense, Mr. Trump said last week, “because someday, maybe they’re … Read more

Despite recent blow, Japan won’t stop trying to invest in the US

Despite recent blow, Japan won’t stop trying to invest in the US

Tokyo: As signs emerged that President Joe Biden was gearing up to stop Japanese steel-maker Nippon Steel from acquiring Pittsburgh-based US Steel, top Japanese officials repeatedly warned that quashing the merger would hinder economic ties between the allies.In September, Japan’s biggest business lobby, Keidanren, said America’s investability would be tarnished if Nippon Steel’s $15 billion … Read more

Japan chipmaker Kioxia IPO set for next month – ET HealthWorld

Japan chipmaker Kioxia IPO set for next month – ET HealthWorld

Tokyo: Japanese chipmaker Kioxia will be listed on the stock exchange next month in an initial public offering valuing the company at $4.8 billion, its filing to the Tokyo Stock Exchange said Friday. Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world’s third-largest producer of NAND flash memory chips. It … Read more