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The Latest Breaking News from Fumio Kishida

Japan cautious on capital gains tax; must stick to increasing defence

Japan should avoid rushing into raising capital gains tax as doing so could send a wrong message to markets when Japan is encouraging financial investment, a senior government official said on Sunday.

Reuters

World Leaders Pay Respects to Former President Jiang Zemin

Condolence letters have poured in from Russia’s president, the top U.S. envoy to China, and the Singaporean and Japanese prime ministers

Caixin Global

Kishida congratulates Moriyasu after game

Prime Minister Fumio Kishida congratulated the Samurai Blue for winning their FIFA World Cup match against Spain early Friday morning that allowed them to advance to the tournament's knockout phase.

The Japan News/Yomiuri

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Japan eyes 40 trln-43 trln yen for 5-year defence spending plan -sources

Japan is set to earmark 40 trillion to 43 trillion yen ($295 billion-$318 billion) for defence spending over five years starting in the next fiscal year, which begins in April, three sources with knowledge of the matter told Reuters on Friday.

Reuters

Up to 500 Tomahawk missiles sought for defense by FY27 / Aim is to speed up counterattack capabilities enhancement

Purchases of up to 500 U.S.-made Tomahawk cruise missiles by fiscal 2027 are being considered by the Defense Ministry, as it seeks to accelerate preparations for the possession of counterattack capabilities, sources said.

The Japan News/Yomiuri

‘A form of self-destruction’: Japan weighs up plan to expand nuclear power

Japan’s prime minister is pushing for as many as 17 nuclear reactors to be switched back on, more than a decade on from the meltdown at Fukushima

The Guardian - AU

Kishida specifies 2% of current GDP target for defense, security spending

Prime Minister Fumio Kishida has instructed the defense and finance ministers to boost Japan's defense and security-related spending in fiscal 2027 to 2% of the current gross domestic product.

The Japan News/Yomiuri

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Japan's extra budget passes lower house, defence spending in focus

Japan's second supplementary stimulus budget for this fiscal year, amounting to 29 trillion yen ($210 billion), cleared the lower house of parliament on Tuesday, paving the way for final approval in the upper chamber this week.

Reuters

Japan PM Kishida's approval hits new low after ministers resign

Japanese Prime Minister Fumio Kishida's public support slipped to a new low in a poll published on Sunday, as a series of cabinet resignations has compounded anger over the ruling party's ties to a controversial religious group.

Reuters

Kishida planning to visit U.S. in Jan.

Prime Minister Fumio Kishida will likely visit Washington in early January for the first time since taking office and meet with U.S. President Joe Biden, it has been learned.

The Japan News/Yomiuri

Is Japan now facing its own Liz Truss moment?

Former British PM Liz Truss's disastrous mini-budget, which crashed the pound and ended her tenure after just 44 days, has quickly become a cautionary tale for policymakers around the world as they debate how to spur economic growth and address rising inflation. But some national leaders, such as Japan's, have…

Bangkok Post

PM admits submitting receipts inappropriately

Prime Minister Fumio Kishida admitted Thursday morning to having submitted receipts that were missing required information when they were attached to a report on income received and expenditures incurred in his campaign for last year's House of Representatives election.

The Japan News/Yomiuri

Kishida asked Xi to relax quarantine measures in China

BEIJING -- Prime Minister Fumio Kishida asked Chinese President Xi Jinping to relax China's quarantine measures against the coronavirus when the leaders met in Bangkok on Nov. 17, according to diplomatic sources.

The Japan News/Yomiuri

Japan govt preparing for PM Kishida visit to U.S. - Kyodo

The Japanese government has started preparations for Prime Minister Fumio Kishida to visit the United States for a summit with President Joe Biden, Kyodo news agency reported on Thursday, citing several unnamed government sources.

Reuters

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The Guardian - AU

‘Miracle of Doha’: calls for public holiday as Japan’s Samurai Blue put Germany to sword

Victory in World Cup opener sparks street celebrations and banishes painful memories in Doha of failure to qualify for USA 1994

Reuters

Japanese prime minister under pressure over campaign expenditure report

Japanese Prime Minister Fumio Kishida said on Thursday his office in western Hiroshima prefecture had found errors in receipts attached to a campaign expenditure report, after a magazine reported possible violations of election funding laws.

Bangkok Post

Xi Jinping's 'unscripted' moments at G20, Apec

President Xi Jinping's unscripted moments during the summits in Southeast Asia last week offered rare insights into the country's most powerful leader in decades and reassurances about his post-pandemic diplomacy.

The Japan News/Yomiuri

Time running out to pass 2nd extra budget

Following the latest resignation from Prime Minister Fumio Kishida's Cabinet, it has become almost impossible for the government to pass a second supplementary budget for fiscal 2022 before the end of this month as originally planned.

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The Independent UK

Japan panel: Sweeping defense buildup, more cost unavoidable

A Japanese government-commissioned panel says in a report to Prime Minister Fumio Kishida that drastic defense buildup including the use of preemptive strike is “indispensable” to counter growing threats in the region

The Guardian - AU

Japan begins inquiry into Unification church in wake of Shinzo Abe killing

Investigation will focus on church’s finance and organisation amid public dismay at extent of its links to ruling party

Reuters

Japan gov't panel recommends whole nation pay for higher military spending

A Japanese panel of experts advising Prime Minister Fumio Kishida on a planned defence hike has recommended the whole nation bear the financial burden and warned against relying on government bonds to pay for increases.

The Independent UK

Japan nuclear watchdog considering extending reactor life

The head of Japan’s nuclear watchdog says regulators are considering revising a safety evaluation system to allow aging reactors to operate beyond the current 60-year limit, but that the move is aimed at preventing safety lapses and is not motivated by government efforts to increase use of nuclear power

The Independent UK

Japan's prime minister sacks 3rd minister in a month

Japan’s Prime Minister Fumio Kishida has sacked his internal affairs minister on Sunday over funding irregularities in a blow to his scandal-prone Cabinet that already lost two ministers in one month

Reuters

Third Japanese cabinet minister in a month resigns in blow to PM

Japan's internal affairs minister resigned on Sunday in connection with a funding scandal, becoming the third cabinet member to leave in less than a month in a severe blow to Prime Minister Fumio Kishida's already shaky support.

Reuters

Japan PM Kishida dogged by domestic wrangle on international trip

Japan's Prime Minister Fumio Kishida's struggled on Saturday to shake off domestic scandals that have undermined his approval ratings even as he stressed the need for bold leadership at a time of increasing global upheaval.

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