Page 6 - Japan

Yen rebounds as Japan coalition falters, gold shines above $4,000

Japan's yen was jolted out of its slide and the Nikkei dropped 1% on news the Komeito party was quitting its coalition with the Liberal Democratic Party (LDP)

Japan's Komeito exits ruling coalition citing concerns over corruption

The head of Japan's Komeito says it is leaving the ruling coalition headed by the Liberal Democratic Party due to concerns over corruption. The decision announced Friday by Komeito leader Tetsuo Saito deals a serious blow to the Liberal Democrats, who last weekend chose ultra-conservative lawmaker Sanae Takaichi as its leader. Takaichi could still become Japan's first female prime minister, but the departure of the Buddhist-backed Komeito will compel the Liberal Democrats to find at least one other coalition partner in order to stay in power. The ruling coalition had already lost its majorities in both houses of parliament. The lower house is due to vote on a new prime minister later this month.

Japan's top bank CEOs back AI while easing fears over possible job losses

In Japan, where the financial sector employs hundreds of thousands of people, the conversation over AI and its impact on work is picking up pace

PayPay buys 40% stake in Binance Japan to deepen its digital payments push

PayPay has played a role in encouraging Japanese consumers to move away from a long-standing preference for cash by offering rebates on payments through its mobile app

Japan's new PM Sanae Takaichi faces early test as coalition talks stall

While the most likely outcome is that the two parties will reach agreement in the coming days, the delay shows the level of reservations Komeito has over Takaichi's right-wing views

Yen tumbles on likely new leader, euro slides after French PM resigns

The dollar rose 1.8 per cent to 150.1 yen, its highest since August. If sustained, that would be its biggest daily gain since May 12

Haryana CM Saini in Japan to attract investments, deepen ties in tech, mfg

Haryana Chief Minister Nayab Singh Saini on Monday reached Tokyo seeking to attract investments, deepen cooperation in technology and manufacturing, and showcase the state as a leading destination for global investors. Saini's three-day official visit, from October 6-8, aims to strengthen economic, industrial and cultural collaboration between Haryana and Japan. He held discussions with Miyaji Takuma, State Minister, Ministry of Foreign Affairs (MoFA), and Koga Yuichiro, State Minister for Economy, Trade and Industry, to explore avenues of cooperation in trade, investment and technology transfer. Chief Minister Saini, in a series of posts on X, gave information about his meetings. "Held a fruitful meeting with Mr. Miyaji Takuma, State Minister for Foreign Affairs, Government of Japan. We discussed opportunities to further deepen economic and cultural ties between Haryana and Japan. "I extended an invitation to him to join us at the International Gita Mahotsav in November 2025, a .

Haryana CM to visit Japan from Oct 6-8 to boost investment, trade ties

Haryana Chief Minister Nayab Singh Saini will visit Japan from October 6 to 8, aiming to strengthen economic, industrial and cultural collaboration between his state and the country. The visit also seeks to attract investments, deepen cooperation in technology and manufacturing, and showcase Haryana as a leading destination for global investors. Saini will arrive in Tokyo on the morning of October 6 and begin his official engagements with high-level meetings at Japan's Ministry of Foreign Affairs and Ministry of Economy, Trade and Industry, said a state government statement. He will hold discussions with Miyaji Takuma, State Minister, Ministry of Foreign Affairs (MoFA), and Koga Yuichiro, State Minister for Economy, Trade and Industry, to explore avenues of cooperation in trade, investment and technology transfer. In the afternoon, Saini will participate in a series of programmes at the Embassy of India, Tokyo. The chief minister will also meet senior representatives of JETRO, AIS

India, Japan, Australia need alliance to counter major economies: Suzuki

An alliance of 'middle-power' countries will mean that these economies work together to ensure they are self-reliant among themselves and have a trusted network, he said

Takaichi win as Japan leader may delay, not derail, BOJ rate hikes

Upon winning the race, Takaichi made clear the government will take the lead in setting fiscal and monetary policy - and that her priority would be to reflate demand

Who is Sanae Takaichi? Japan set to get its first-ever woman prime minister

Sanae Takaichi won Japan's ruling party leadership on Saturday, defeating male rivals; she is set to become Japan's first female prime minister, following in her idol Margaret Thatcher's footsteps

Japan's ruling party elects Takaichi as 1st female leader, set to become PM

Takaichi will face a parliamentary vote later this month to become premier, a contest expected to go to the LDP chief

Takaichi and Koizumi advance to run-off to choose Japan's next PM

Takaichi won the most number of votes with 183 out of the total 589 valid votes, while Koizumi came in second place with 164 votes in a field of five candidates

Japan's ruling party set to pick new chief with runoff expected today

Political scion Shinjiro Koizumi is leading in most polls of LDP supporters, with right-leaning Sanae Takaichi, who is more popular among the general public, ahead in some

Asahi cyberattack could leave Japan without its most popular beer

Shipments of Asahi's Super Dry beer and other popular drinks have halted, prompting supermarket chains such as Lawson and 7-Eleven to prepare for shortages

Japan's ruling party faces crisis as far-right Sanseito gains influence

Sanseito warned of a "silent invasion" of foreigners, and leader Sohei Kamiya used a derogatory term for ethnic Koreans at a rally, later issuing an immediate apology

Japan sees rise in anti-foreigner sentiment amid population crisis

Outside a train station near Tokyo, hundreds of people cheer as Sohei Kamiya, head of the surging nationalist party Sanseito, criticises Japan's rapidly growing foreign population. As opponents, separated by uniformed police and bodyguards, accuse him of racism, Kamiya shouts back, saying he is only talking common sense. Sanseito, while still a minor party, made big gains in July's parliamentary election, and Kamiya's Japanese First platform of anti-globalism, anti-immigration and anti-liberalism is gaining broader traction ahead of a ruling party vote Saturday that will choose the likely next prime minister. Anti-immigrant policies, which allow populists to vent their dissatisfaction on easy targets, are appealing to more Japanese as they struggle with dwindling salaries, rising prices and bleak future outlooks. Many Japanese are frustrated by these problems, though we are too reserved to speak out. Mr. Kamiya is spelling them all out for us, said Kenzo Hagiya, a retiree in the ..

Himachal delegation holds talks with Japanese industry leaders in Tokyo

The Himachal team included senior officials, MLAs, and representatives from the state's industries

BYD brings price war to Japanese market in bid to win over customers

The automaker sold just 5,300 vehicles between January 2023 and June this year despite opening its 45th sales location in Japan

Japan's ruling party opens leadership race to choose Ishiba's successor

Outgoing Japanese Prime Minister Shigeru Ishiba 's ruling party opened official campaigning Monday to find his replacement who can restore political stability and voter support for the beleaguered Liberal Democrats. Five candidates are vying for the Liberal Democratic Party's top job ahead of a highly unpredictable vote in early October. The race has a slogan: Change, LDP. The winner must act quickly to address rising prices if the party is to have any chance of winning back support following devastating losses to both the LDP and its junior partner Komeito in the past year that deprived their coalition of a majority in either house of parliament. Its new leader is still likely to be prime minister because the LDP remains the No. 1 party, while opposition groups are too splintered to form a coalition. Whoever becomes the LDP leader must also gain cooperation from main opposition parties or risk facing constant no-confidence motions and a cycle of short-lived leadership. Vote for L