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New Bank of Japan Governor Kazuo Ueda said he will stick for the time being to the ultra-loose monetary policy pushed by his predecessor over the past decade. ....
Deliberations began in the Diet on April 6 on legislation to establish a new fund that would help pay for a massive defense buildup over the next five years. ....
Japan’s planned defense spending surge is already leading to unrealistic projects that could be detrimental to the protection of the nation, a retired vice admiral of the Maritime Self-Defense Force said. ....
Prime Minister Fumio Kishida is calling for a tax hike of 1 trillion yen ($7.4 billion) by fiscal 2027 to pay for Japan’s massive defense buildup. ....