Japan Parliament

Japan's Prime Minister Shigeru Ishiba pledged to take tougher measures against misuse of political funds after he was reelected by parliament Monday following a major loss in the polls last month by his governing coalition. Ishiba's Liberal Democratic Party and its junior partner Komeito together lost a majority in the 465-seat Lower House, the more powerful of Japan's two-house parliament, in the October 27 election. The defeat was blamed on voter outrage over financial misconduct by his party. We must remind ourselves of the basics that politics is for the people, as we tackle political and party reforms," Ishiba said. He said that in response to the poor election results, "We must be able to have empathy for the pain, sorrow and anger of the people. A special parliamentary session convened Monday to pick a new leader in a vote required within 30 days of a general election. Ishiba beat top opposition leader Yoshihiko Noda 221-160 in the first runoff in 30 years. In his second ...

Former Prime Minister Yoshihiko Noda, the head of the opposition Constitutional Democratic Party, the biggest party after the LDP, is also expected to be among the candidates put forward as premier

Support from smaller parties, such as the Democratic Party for the People (DPP) or the Japan Innovation Party (JIP), who won 28 and 38 seats respectively, could now be key for the LDP

Asian shares rose on Monday as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower house in weekend elections. In currency trading, the US dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro cost USD 1.0796, down form USD 1.0803. The weak yen is a boon for Japan's giant exporters like Toyota Motor Corp., whose stock gained 3.7 per cent in Tokyo trading. Nintendo Co. gained 2.6 per cent, while Sony Corp. rose nearly 2.0 per cent. Japan's ruling Liberal Democratic Party is still the top party, but several members failed to win reelection in Sunday's vote after a scandal involving unreported campaign funding. All told, the ruling coalition with junior partner Komeito secured 215 seats, down sharply from the majority of 279 it previously held, according to Japanese media. A change of government is not expected but the LDP may need a third coalition partner. Tokyo .

The results could weaken Ishiba's grip on power, possibly leading Japan into political uncertainty, though a change of government was not expected

Official campaigning for Japan's October 27 parliamentary election began on Tuesday with new Prime Minister Shigeru Ishiba seeking a mandate for his policies and for reforms after the governing party's political funds scandal. More than 1,300 candidates were expected to enter the races for the 465-seat Lower House before registration closes later Tuesday. Ishiba called the snap election after he took office as prime minister on October 1. As customary for Liberal Democratic Party leaders over the past decade, he was to start his campaign in Fukushima to renew his pledge to support the area's recovery from the 2011 nuclear disaster. With the early election, Ishiba is seeking to secure a majority in the lower house, the more powerful of Japan's two parliamentary chambers, before the congratulatory mood fades. The move has been criticized as prioritizing an election rather than policies and for allowing little debate. A majority for the ruling coalition would be 233 seats between his

In his victory speech on Friday, he spoke about the need to beef up Japan's security after recent territorial incursions by Chinese and Russian military vessels

Japan's Prime Minister Fumio Kishida resigned with his Cabinet, paving the way for his likely successor Shigeru Ishiba to take office. Chief Cabinet Secretary Yoshimasa Hayashi announced that Kishida and his ministers stepped down at a Cabinet meeting on Tuesday. Ishiba was chosen as the governing Liberal Democratic Party's leader on Friday to replace Kishida, who announced in August his resignation at the end of his three-year term. Ishiba is assured to be prime minister later on Tuesday in a vote by parliament because it is dominated by his party's ruling coalition. Ishiba will then announce his new Cabinet later in the day. Kishida took office in 2021 but is leaving so his party can have a fresh leader after his government was dogged by scandals. On Monday, Ishiba said he planned to call a parliamentary election to be held on October 27 after he is formally chosen as prime minister. "I believe it is important to have the new administration get the public's judgement as soon a

Japanese Prime Minister Fumio Kishida, in a surprise move Wednesday, announced he will not run in the upcoming party leadership vote in September, paving the way for Japan to have a new prime minister. Kishida was elected president of his governing Liberal Democratic Party in 2021 and his three-year term expires in September. His drop out of the race means a new leader who wins the party vote will succeed him as prime minister because the LDP controls both houses of parliament. Kishida, stung by his party's corruption scandals, has suffered dwindling support ratings that have dipped below 20%. He announced he will not run in the September vote, allowing for a fresh leader in an effort to show that his party is changing for the better. Kishida will support a new leader, he said. Local election losses earlier in the year eroded his clout, and LDP lawmakers have voiced the need for a fresh face ahead of the next general election. Since the corruption scandal broke, Kishida has remov

Eight years ago, Yuriko Koike became the first woman to lead Tokyo, beating her male predecessor. She won her third term as governor on Sunday, and one of her closest rivals was a woman. Multiple women competing for a top political office is still rare in Japan, which has a terrible global gender-equality ranking, but Koike's win highlights a gradual rise in powerful female officials and a society more open to gender balance in politics. That said, even if a woman eventually becomes prime minister, politics here is still overwhelmingly dominated by men, and experts see a huge effort needed for equal representation. There are growing expectations for women to play a greater role in politics, said parliamentarian Chinami Nishimura, a senior official with the main opposition Constitutional Democratic Party of Japan. In politics or parliament, which are still largely considered men's work, it is extremely meaningful for women to show their presence and have our voices heard. Nishimura,

Japan is the only country that still enforces such a rule, according to Keidanren's research, and it has failed to budge despite multiple calls from a UN panel on discrimination against women

Chinese and Japanese leaders were set to arrive in Seoul and meet with South Korea's president separately on Sunday, a day before they gather for their first trilateral meeting in more than four years. No major announcement is expected from Monday's trilateral South Korea-China-Japan meeting. But just resuming their highest-level, three-way talks is a good sign and suggests the three Asian neighbours are intent on improving their relations. A trilateral leaders' meeting was supposed to take place annually following their inaugural gathering in 2008. But the meeting has stalled since the last one in December 2019 in Chengdu, China because of the COVID-19 pandemic and complex ties among the three countries. After their arrivals in Seoul on Sunday, Chinese Premier Li Qiang and Japanese Prime Minister Fumio Kishida are to hold bilateral talks with South Korean President Yoon Suk Yeol to discuss ways to promote cooperation and other issues, according to South Korean officials. Li and ...

Japanese Prime Minister Fumio Kishida unveiled an international framework for regulation and use of generative AI on Thursday, adding to global efforts on governance for the rapidly advancing technology. Kishida made the announcement in a speech at the Paris-based Organization for Economic Cooperation and Development. Generative AI has the potential to be a vital tool to further enrich the world, Kishida said, according to a transcript of his speech provided in advance. But we must also confront the dark side of AI, such as the risk of disinformation." When Japan chaired the Group of Seven leading industrialized nations last year, it launched a Hiroshima AI process to draw up international guiding principles and a code of conduct for AI developers. Some 49 countries and regions have signed up to the voluntary framework, called the Hiroshima AI Process Friends Group, Kishida said, without naming any. They will work on implementing principles and code of conduct to address the risks

The BOJ releases fresh quarterly growth and inflation forecasts at its next meeting in April 25-26. Its board also holds rate-setting meetings in June, July, October and December

A study led by Hiroshi Yoshida, a professor of economy at Tohoku University, challenges a civil law from the 1800s in Japan that requires married couples to choose a single surname

A key Japanese central bank report said Monday that sentiment among big manufacturers has sagged but that optimism is at a three-decade high among large business outside the manufacturing sector. The Bank of Japan's tankan report said sentiment among large manufacturers, which include auto and electronics giants, declined in March for the first time in a year, standing at plus 11, down two points from December. The average market forecast by Japanese news service Kyodo was 9. The index for large-scale non-manufacturers, including the service sector, hit a 33-year high at plus 34 points, up two points from the last report in December. The tankan, carried out every three months, surveys about 9,000 Japanese companies and measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those saying they are positive. The optimism among the non-manufacturing businesses reflects the return of tourism, both overseas and domestic, which had

Japan's central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The Bank of Japan's short-term rate was raised to a range of 0 to 0.1% from minus 0.1% at a policy meeting that confirmed expectations of a shift away from ultra-lax monetary policy. The interest rate hike was the first since February 2007. The BOJ had remained cautious about normalizing monetary policy, or ending its negative benchmark borrowing rate, even after data showed inflation at about its target rate of 2% in recent months.

The Japanese court said that it expected the Parliament to "institutionalise an appropriate same-sex marriage law" at some point

Japan's beleaguered prime minister was set to stand before a political ethics committee on Thursday at Parliament in a bid to showcase his leadership. Fumio Kishida has fought against plummeting support ratings since his governing party's corruption scandal rocked the government. The scandal, considered the biggest in decades, centres on political funds raised through party event tickets bought by individuals, companies and organisations. It led to 10 people lawmakers and their aides being indicted in January. While Kishida himself is not the focus of the scandal and was not even invited to the hearing, the surprise announcement of his personal appearance broke a deadlock between the opposition lawmakers and his governing party on Wednesday when the five implicated attendants refused to go public, holding up a hearing and further tarnishing the party image. The ruling Liberal Democratic Party's resistance to have a fully open session fuelled public criticism that Kishida's party i

A new Japanese flagship H3 rocket lifted off from a space station in southwestern Japan on Saturday, successfully reaching a planned trajectory and releasing one of the two payloads in a key second test flight a year after its failed debut launch. The H3 rocket blasted off from a launch pad at the Tanegashima Space Center on time Saturday morning, two days after its originally scheduled lift-off which was delayed due to bad weather. The rocket's initial flight has been smooth as planned and it successfully released the first of two small payloads, the Japan Aerospace Exploration Agency, or JAXA, said. JAXA will have a news conference later in the day to provide further details. Officials are confirming the status of a second satellite. The launch is closely watched as a test for Japan's space development after H3 failed in its debut flight last March. JAXA and its main contractor Mitsubishi Heavy Industries have been developing H3 as a successor to its current mainstay, H-2A, which