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☆ Ex-defense minister Ishiba tops corporate Japan's premier wish list, Reuters poll shows
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +2 min

Japanese former Defense Minister Shigeru Ishiba speaks during a press conference at the Foreign Correspondents' Club of Japan on Sept. 6, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty ImagesFormer defense minister Shigeru Ishiba is corporate Japan's top choice to replace Prime Minister Fumio Kishida, edging out Sanae Takaichi, who strives to become the nation's first female premier, a Reuters survey showed on Thursday. About 24% of respondents named Ishiba as the most desirable candidate, compared with 22% for Economic Security Minister Takaichi and 16% for Shinjiro Koizumi, the 43-year-old son of former premier Junichiro Koizumi. watch nowIshiba generally fares better than Koizumi in public opinion polls, but Koizumi has often come out on top among LDP supporters. Ishiba has held cabinet portfolios for agriculture and reviving local economies besides serving as defense minister and LDP policy chief.

Persons: Shigeru Ishiba, Tomohiro Ohsumi, Fumio Kishida, Sanae Takaichi, Kishida, Takaichi, Shinjiro Koizumi, Junichiro Koizumi, Koizumi, Ishiba, Kazuo Ueda Organizations: Defense, Foreign, Club of Japan, Getty, Former, Liberal Democratic Party, LDP, Economic Security, Bank of Japan Locations: Tokyo, Japan, United States

☆ 'Pulling a Joe Biden': Reactions to Japanese Prime Minister Fumio Kishida's resignation
▼ + stars: | 2024-08-14 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Japan's Prime Minister Fumio Kishida speaks to reporters following North Korea's missile launch on April 13, 2023. JIJI Press | AFP | Getty ImagesJapanese Prime Minister Fumio Kishida is stepping down in September, a move that sparked a broad range of reactions from government officials and analysts. Still, Izumi thanked Kishida for his hard work, adding "Prime Minister Kishida, you must have been under a lot of pressure." "The prime minister is a true friend of the United States and Japan has become a true global partner for America," U.S. "I pay tribute to my friend Prime Minister Fumio Kishida.

Persons: Fumio Kishida, Japan's, Kishida, Joe Biden, he's, William Pesek, Biden, Izumi, Japan Rahm Emanuel, Kishida's, Emanuel, Anthony Albanese, Japan Shihab Alfaheem, Amir Anvarzadeh Organizations: Japan's, JIJI Press, AFP, Getty, Liberal Democratic Party, Constitutional Democratic Party of Japan, LDP, Japan, America, U.S, Alliance, Australian, Asymmetric Advisors Locations: United States, Japan, Australia

☆ Japan's Fumio Kishida is having a 'Joe Biden moment,' author says
▼ + stars: | 2024-08-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's Fumio Kishida is having a 'Joe Biden moment,' author saysWilliam Pesek, author of "Japanization: What the World Can Learn from Japan's Lost Decades," discusses Japanese Prime Minister Fumio Kishida's decision not to seek reelection as head of his party.

Persons: Kishida, Joe Biden, William Pesek, Fumio Organizations: Japanese

☆ Japan's Kishida was a 'dead man walking for a long time,' strategist says
▼ + stars: | 2024-08-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's Kishida was a 'dead man walking for a long time,' strategist saysAmir Anvarzadeh, market strategist at Asymmetric Advisors, discusses Japanese Prime Minister Fumio Kishida's decision not to seek reelection as head of his party.

Persons: Amir Anvarzadeh, Fumio Organizations: Asymmetric Advisors, Japanese

☆ Japan Prime Minister Fumio Kishida will not run for party reelection
▼ + stars: | 2024-08-14 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Japan's Prime Minister Fumio Kishida announced Wednesday he will not be running in the Liberal Democratic Party presidential election due next month. He added that he felt the need to step down in order for the LDP to regain the public's trust. The prime minister also pledged to fully support the new leader. Kishida's decision to not run for reelection effectively means he would step down as prime minister when the party elects a new leader. According to the latest opinion poll by NHK, the number of people who "support" the Kishida cabinet stands at 25%, while 55% do not.

Persons: Fumio Kishida, Kishida Organizations: Japan's, Liberal Democratic, LDP, Kyodo, NHK

☆ World leaders are rallying behind Donald Trump after he survived an assassination attempt
▼ + stars: | 2024-07-14 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +7 min

Read previewLeaders across the world have come out in support of former President Donald Trump after he survived an assassination attempt at a rally in Pennsylvania on Saturday. AdvertisementIsraeli Prime Minister Benjamin NetanyahuIsrael's Prime Minister, Netanyahu, said that he and his wife were "shocked" by the incident and that they were praying for Trump's recovery. Advertisement"Although we don't yet know exactly what happened, we should all be relieved that former President Trump wasn't seriously hurt," he wrote on X. Indian Prime Minister Narendra ModiIndia's Prime Minister said he was concerned about the attack on his "friend" and strongly condemned the incident. Dutch Prime Minister Dick SchoofSchoof expressed relief that Trump's injuries were seemingly minor and wished him a quick recovery.

Persons: —, Donald Trump, Thomas Matthew Crooks, Crooks, Trump, Joe Biden, Barack Obama, Biden, Donald Trump’s, Jill, Kamala Harris Kamala Harris, Keir Starmer, Benjamin Netanyahu Israel's, Netanyahu, Sara, — Benjamin Netanyahu, בנימין, Justin Trudeau Canada's, Emmanuel Macron Macron, Volodymyr Zelenskyy Ukraine's, Barack Obama Obama, Trump wasn't, Trump wasn’t, … — Barack Obama, Olaf Scholz Olaf Scholz, Narendra Modi, Modi, Giorgia Meloni Meloni, il, degli, durante, pronta, …, Fumio Kishida Japan's Kishida, Shinzo Abe, Anthony Albanese Albanese, Albanese, Dick Schoof Schoof, Viktor Orbán Orbán Organizations: Service, FBI, Business, Secret, Trump, UK, Indian, Narendra Modi India's, Italian, Dutch Locations: Pennsylvania, Bethel Park , Pennsylvania, Canada, France, Israel, Ukraine, America, Germany, dalla Pennsylvania, Mar

☆ North Korea Leader's Sister Says Japan PM's Comments Positive - KCNA
▼ + stars: | 2024-02-15 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

SEOUL (Reuters) - The influential sister of North Korean leader Kim Jong Un said there is no impediment to closer ties with Japan and there may come a day Japanese Prime Minister Fumio Kishida visits Pyongyang, state news agency KCNA said on Thursday. Kishida, whose nation has no formal diplomatic ties with Pyongyang, has said he was exploring possibilities to meet North Korea's leader to resolve the matter of Japanese civilians abducted in the 1970s and 1980s. Kim Yo Jong, a deputy department director in the ruling Workers' Party, said Kishida's comments could be considered positive if meant to advance relations. Japan has been critical of North Korea's pursuit of ballistic missiles and nuclear weapons, often drawing harsh rebukes from Pyongyang, especially as Tokyo stepped up its security alliance with South Korea and the United States. Kim is widely considered the closest confidant and adviser to her brother on external policy matters.

Persons: Kim Jong Un, Fumio Kishida, KCNA, Kishida, Kim Yo Jong, Kim, Jack Kim, Andrew Cawthorne Organizations: North, Workers ' Party Locations: SEOUL, Japan, Pyongyang, Tokyo, South Korea, United States

WASHINGTON (AP) — President Joe Biden will host Japan's Prime Minister Fumio Kishida for a state visit on April 10, with the goal of strengthening a critical alliance as the United States has sought to counter China's influence in the Indo-Pacific region. John Kirby, the White House national security spokesman, told reporters aboard Air Force One that the visit will include a formal state dinner. As president, Biden has visited Japan twice, most recently going to the city of Hiroshima last May for the Group of 7 summit among major industrialized nations. Kirby declined to say whether the government's review of that potential merger would be a subject at the state visit. He said that Biden and Kishida will likely discuss a range of issues in Asia, including how to improve cooperation with South Korea.

Persons: Joe Biden, Fumio Kishida, John Kirby, Biden, Kirby, Kishida Organizations: WASHINGTON, Japan's, White House, Air Force, Group, Japan's Nippon Steel, U.S . Steel Locations: United States, Japan, Hiroshima, Pittsburgh, Asia, South Korea

☆ Japan Business Leaders Return to China Seeking to Bolster Cooperation
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

Japanese economic delegations had visited China every year since 1975, but those visits lapsed during the COVID-19 era when China largely shuttered its borders due to its stringent pandemic policies. During their visit this week, the Japanese business delegates, which included Masakazu Tokura, chairman of the powerful Keidanren, as the Japan Business Federation is known, are due to meet with Chinese Premier Li Qiang on Thursday. Japan is heavily reliant on China, where Japanese companies have for years invested in building manufacturing supply chains and forged relationships with local partners. China last year arrested a Japanese executive, an employee of the drugmaker Astellas Pharma, on suspicion of espionage. The move has had a chilling effect on business, Japanese officials say.

Persons: Masakazu Tokura, Premier Li Qiang, Fumio, Xi Jinping, Wang Yi, Gamble, Ryan Woo, Miyoung Kim, David Dolan, Michael Perry Organizations: Japan Business, Premier, Pharma, Procter, SK, Nidec Corp, Toyota, Nissan Locations: BEIJING, China, Japan, United States, Kishida, Greater China, Beijing, Singapore, Tokyo

TOKYO (AP) — Japan signed a deal with the United States on Thursday to purchase up to 400 Tomahawk cruise missiles as part of its ongoing military buildup in response to increased regional threats. In November, the U.S. approved a $2.35 billion sale of two types of Tomahawks — 200 Block IV missiles and 200 upgraded Block V versions. Political Cartoons View All 253 ImagesJapan and the United States agreed to expedite the deployment “in response to the increasingly severe security environment,” Kihara said. The government quickly approved a shipment of Japanese-made Patriot missiles to the United States to complement the U.S. inventory. “There is a new Japan emerging, a more competent Japan,” he said.

Persons: Fumio, spender, Minoru Kihara, Japan Rahm Emanuel, ” Kihara, Emanuel, Japan's, ” Organizations: TOKYO, —, China . Defense, U.S, Kihara, United, Japan’s, “ Locations: — Japan, United States, Japan, China, North Korea, Australia, Britain, Tokyo, South Korea, U.S

☆ Japan wants higher returns for investors — here's what it's doing
▼ + stars: | 2024-01-12 | by ( Clement Tan | ) www.cnbc.com time to read: +5 min

3D render Da-kuk | E+ | Getty ImagesJapan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. "It's not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now," said Toru Yoshikawa, a business professor at Waseda University in Tokyo. watch nowWith this move, the onus also falls on Japan's government to ensure steady and reliable returns from Japan's companies. Corporate governance pushMonday's disclosures will be based on information as of December and the releases will be a monthly affair. "If rival companies are doing great improvements in corporate governance, others will tend to follow that move."

Persons: It's, Toru Yoshikawa, Fumio, Yoshikawa, Warren Buffet, Yunosuke Ikeda, Goldman Organizations: Getty, Japan, TSE, Waseda University, The Tokyo Stock Exchange, kickstarted, Japan Inc, Nippon, Savings, Corporate, Tokyo Stock Exchange, CNBC, Toyota, Goldman Sachs Locations: Japan, Tokyo, Denso, Goldman Sachs Japan

But the $290 billion outlay comes without a parallel plan to prepare Yonaguni for a possible humanitarian crisis that residents like Sakihara say could quickly overwhelm their shores. Tokyo, they said, has no plan to deal with them, and locals' pleas for help have gone unanswered. A spokesperson for Japan's Cabinet Secretariat said that "if large numbers of refugees came to Japan, relevant government departments would work together to respond". Even if he had a refugee plan, Kishida would still face an obstacle: his contentious relationship with the Okinawa government that administers Yonaguni. NOT ENOUGH TO SHAREBack in Yonaguni, resident Satoshi Nagahama, 33, was surprised to learn the government had no humanitarian plan for refugees.

Persons: Sonkichi Sakihara, chancing, Kenichi Itokazu, Itokazu, Hirokazu Matsuno, Xi Jinping, Joe Biden, Lai Ching, Matsuno, Fumio Kishida, Kevin Maher, Maher, Yoshihide Yoshida, Japan's, shouldn't, Kishida, Denny Tamaki, it's, Hironobu, Satoshi Nagahama, Sakihara, Koji Sugama, Tim Kelly, Kaori Kaneko, Yukiko Toyoda, Ben Blanchard, Kentaro Sugiyama, David Crawshaw Organizations: Reuters Graphics Reuters, Reuters, U.S, Japan Coast Guard, Migration Policy Institute, Nations, NMV Consulting, State Department, Defense Forces, it's, University's Research, of Disaster Management, Thomson Locations: YONAGUNI, Japan, Vietnam, Taiwan, China, Beijing, Tokyo, Yonaguni, Taipei, Myanmar, Europe, East, Germany, Poland, Ukraine, Washington, East Asia, Okinawa

☆ Nvidia CEO says he will try to prioritise Japan for AI processors
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

Japan is rushing to rebuild its once world-leading semiconductor infrastructure and catch up on the development of AI technology. The graphics processing units (GPUs) made by U.S.-based Nvidia dominate the market for AI. "Demand is very high, but I promised the prime minister we will do our very, very best to prioritise Japan's requirements for GPUs," Huang told reporters at Prime Minister Fumio Kishida's official residence in Tokyo. "The semiconductor industry that Japan is now starting to grow and foster will be able to produce GPUs," Huang said. "Countries like Japan are realising that you need to own your own data, build your own AI factories and produce your own AI intelligence," he added.

Persons: Ann Wang, Jensen Huang, Huang, Fumio, Huang's, TSMC, Yoshifumi Takemoto, Rocky Swift, Chang, Ran Kim, Jamie Freed Organizations: REUTERS, Rights, Nvidia, Thomson Locations: Taipei, Taiwan, Japan, U.S, Tokyo, Hokkaido

☆ Japan's Kishida sends letter to China's Xi - NHK
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

[1/2] Japan's Prime Minister Fumio Kishida speaks during a summit discussion on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, at the Stanford, California, U.S., November 17, 2023. REUTERS/Brittany Hosea-Small/File Photo Acquire Licensing RightsTOKYO, Nov 23 (Reuters) - A Beijing delegation of Komeito, the junior coalition partner of Japan's ruling party, handed a letter from Prime Minister Fumio Kishida for Chinese President Xi Jinping in a meeting with China's top leadership team on Wednesday, NHK reported. The broadcaster did not say what was in the letter. Komeito representatives and Kishida's office were not available to comment on Thursday, a public holiday in Japan. Yamaguchi and Cai also agreed to work toward a resumption of dialogue between the CPC and the coalition of the ruling Liberal Democratic Party (LDP) and Komeito, NHK reported.

Persons: Fumio Kishida, Brittany Hosea, Xi Jinping, Natsuo Yamaguchi, Cai Qi, Yamaguchi, Cai, Makiko Yamazaki, Stephen Coates Organizations: Japan's, Economic Cooperation, Stanford, REUTERS, Rights, Komeito, Wednesday, NHK, Communist Party of China, CPC, Central Committee, Liberal Democratic Party, Thomson Locations: Asia, California, U.S, Beijing, Japan, Taiwan

☆ BOJ to end negative interest rates in 2024, over 80% of economists say: Reuters poll
▼ + stars: | 2023-11-22 | by ( Satoshi Sugiyama | ) www.reuters.com time to read: +4 min

While none of 26 economists predicted changes in the upcoming December BOJ meeting, many foresaw the negative rate policy, which has set Japan's short-term deposit rate at minus 0.1%, would reach the end of the line next year. In the Nov. 15-20 poll, 22 of 26, or 85%, of economists said the BOJ would end the policy by the end of next year. Having watered down YCC, the BOJ's next focus is to end its negative interest rate policy and push short-term rates to zero, sources previously told Reuters. Close to 85% of poll respondents forecast the BOJ would end its YCC policy, while the rest said it would tweak the scheme again, the poll found. EYES ON NEXT YEAROf 22 economists in the poll who chose 2024 for the end of negative rates, more than a half, 12, opted for the April 25-26 meeting.

Persons: Issei Kato, Kazuo Ueda, Mitsubishi UFJ, Mitsubishi UFJ Morgan Stanley, Hiroshi Namioka, Namioka, Fumio Kishida's, Chiyuki Takamatsu, Satoshi Sugiyama, Veronica Khongwir, Sujith Pai, Sam Holmes Organizations: Bank of Japan, REUTERS, Rights, Bank of, Reuters, Capital, Research Institute, Mitsubishi, Mitsubishi UFJ Morgan, Mitsubishi UFJ Morgan Stanley Securities, D, Management, Fukoku Mutual Life Insurance, Thomson Locations: Tokyo, Japan, Bank of Japan

☆ Japan cuts view on economy for first time in 10 months
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 22 (Reuters) - Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure. The new assessment by the Cabinet Office came after data last week showed the economy shrank in July-September for the first time in three quarters as demand waned. "The economy is recovering moderately, although some areas showed stalemate recently," said the report issued by the Cabinet Office on Wednesday. It was the first time the government has cut its view on the overall economy since January. The government expects the economy to continue to recover moderately but there are risks such as those from global monetary tightening and the Chinese economy.

Persons: inflation's, Fumio, Kaori Kaneko, Sam Holmes Organizations: Cabinet, Thomson Locations: TOKYO

"Given the fast-changing landscape, I believe those who move fast (with wage hikes) should become competitive." A demand made this year by Rengo, Japan's largest trade union confederation, for pay hikes of "around 5%" resulted in average wage hikes of 3.58% among major companies. Six out of 10 economists in a Reuters poll expect major firms' pay hikes in 2024 to exceed this year's. The key, however, would be whether wage hikes broaden to smaller firms and those in the regional areas. A report by the BOJ's regional branch managers in October warned wage hikes remained uneven among sectors with many firms undecided on next year's pay increments.

Persons: Kim Kyung, Takeshi Niinami, Fumio, Kazuo Ueda, Hisashi Yamada, Rengo, Atsushi Takeda, Kishida, Keita Kondo, Tetsushi Kajimoto, Kentaro Sugiyama, Sam Holmes, Leika Organizations: REUTERS, Rights, Suntory Holdings Ltd, Reuters, Meiji, Life Insurance, Suntory Holdings, Bank, Japan, Hosei University, OECD, UA Zensen, Itochu Economic Research Institute, Thomson Locations: Tokyo, Japan, Ukraine, Saitama

☆ Japan PM to sack deputy finance minister over tax scandal - NHK
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

Fumio Kishida, Japan's prime minister, speaks during a news conference at the prime minister's official residence in Tokyo, Japan, November 2, 2023. Kiyoshi Ota/Pool via REUTERS/File Photo Acquire Licensing RightsTOKYO, Nov 13 (Reuters) - Japanese Prime Minister Fumio Kishida has decided to sack a deputy finance minister, public broadcaster NHK reported on Monday, after the official last week admitted to media reports that he had been delinquent on tax payments in the past. State Minister of Finance Kenji Kanda, who is in charge of government bonds and monetary policy, would be the third to leave a ministerial post in just two months since Kishida reshuffled his cabinet to improve tumbling public approval ratings. The report of Kanda's firing comes as the latest poll by broadcaster FNN showed the approval rating for Kishida's cabinet reaching a record low of 27.8%, sliding 7.8 points from last month. Reporting by Kantaro Komiya and Satoshi Sugiyama Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.

Persons: Fumio, Kiyoshi Ota, Fumio Kishida, of Finance Kenji Kanda, Kishida, FNN, Kantaro Komiya, Satoshi Sugiyama, Chang, Ran Kim Organizations: Rights, NHK, of Finance, Thomson Locations: Tokyo, Japan

☆ Japan PM to Sack Deputy Finance Minister Over Tax Scandal - NHK
▼ + stars: | 2023-11-12 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida has decided to sack a deputy finance minister, public broadcaster NHK reported on Monday, after the official last week admitted to media reports that he had been delinquent on tax payments in the past. State Minister of Finance Kenji Kanda, who is in charge of government bonds and monetary policy, would be the third to leave a ministerial post in just two months since Kishida reshuffled his cabinet to improve tumbling public approval ratings. The report of Kanda's firing comes as the latest poll by broadcaster FNN showed the approval rating for Kishida's cabinet reaching a record low of 27.8%, sliding 7.8 points from last month. (Reporting by Kantaro Komiya and Satoshi Sugiyama; Editing by Chang-Ran Kim)

Persons: Fumio Kishida, of Finance Kenji Kanda, Kishida, FNN, Kantaro Komiya, Satoshi Sugiyama, Chang, Ran Kim Organizations: NHK, of Finance Locations: TOKYO

☆ Japan's inflation-adjusted wages slip in September for 18th month
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Androniki Christodoulou/File Photo Acquire Licensing RightsTOKYO, Nov 7 (Reuters) - Japan's real wages slipped in September for an 18th month, government data showed on Tuesday, with rising prices squeezing consumers' purchasing power, and likely to add to pressure from labour groups for higher wage increases. Financial markets worldwide pay close attention to the wage trends in the world's third-largest economy. Inflation-adjusted real wages, a barometer of consumer purchasing power, dropped in September by 2.4% from a year earlier after a revised 2.8% fall the month before, data from the Ministry of Health, Labour and Welfare showed. Base salary growth in September advanced by 1.4% year-on-year, from a revised 1.2% increase the previous month, the data showed. Overtime pay, a gauge of business activity, went up in September by 0.7% year-on-year, after a revised 0.2% gain in August.

Persons: Androniki, Fumio Kishida's, Satoshi Sugiyama, Robert Birsel Organizations: REUTERS, Rights, Financial, Bank of Japan, Ministry of Health, Labour, Welfare, Rengo, UA, Thomson Locations: Tokyo, Japan, Base

☆ Malaysia says won't recognise unilateral sanctions on supporters of Palestinian groups
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +1 min

Malaysia Prime Minister Anwar Ibrahim speaks at a press conference during Japanese Prime Minister Fumio Kishida's official visit, at Putrajaya, Malaysia, 05 November 2023. FAZRY ISMAIL/Pool via REUTERS Acquire Licensing RightsKUALA LUMPUR, Nov 7 (Reuters) - Malaysia said on Tuesday it will not recognise unilateral sanctions in response to a proposed U.S. law to level sanctions against foreign supporters of Hamas and other militant groups operating in Palestine. The Hamas International Financing Prevention Act, aimed at cutting off international financing to the groups, was passed by the U.S. House of Representatives last week and is awaiting voting by the Senate. "Any sanctions against Malaysia can also affect the assessment of the U.S. government and U.S. companies towards Malaysia, as well as affect U.S companies' investment opportunities in Malaysia," Anwar said in a written reply to parliament on Tuesday. Anwar previously rejected Western pressure to condemn Hamas and said the U.S. had raised concerns with Malaysia regarding its stance on Palestine.

Persons: Anwar Ibrahim, Fumio, FAZRY ISMAIL, Anwar, Rozanna Latiff, Kanupriya Kapoor, Raju Gopalakrishnan Organizations: Malaysia, Japanese, REUTERS Acquire, U.S . House, Senate, Malaysian, Israel, Thomson Locations: Putrajaya, Malaysia, KUALA LUMPUR, U.S, Palestine, Israel

☆ Japan's Kishida announces $113-bln package to combat inflation pain
▼ + stars: | 2023-11-02 | by ( Yoshifumi Takemoto | ) www.reuters.com time to read: +1 min

Japanese Prime Minister Fumio Kishida poses during a photo session with his new cabinet members at the prime minister's official residence in Tokyo, Japan, September 13, 2023. To fund part of the spending, the government will compile a supplementary budget for the current fiscal year of 13.1 trillion yen, Kishida told reporters. Reuters reported on Wednesday the government is considering spending over 17 trillion yen for the package, which will include temporary cuts to income and residential taxes as well as subsidies to curb gasoline and utility bills. The rising cost of living is partly blamed for pushing down Kishida's approval ratings, piling pressure on the prime minister to take steps to ease the pain on households. ($1 = 150.5100 yen)Reporting by Yoshifumi Takemoto, writing by Leika Kihara; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Fumio Kishida, Zhang Xiaoyu, Kishida, Yoshifumi Takemoto, Leika Kihara, Kim Coghill Organizations: REUTERS Acquire, Rights, Reuters, Thomson Locations: Tokyo, Japan, COVID

☆ Japan unveils $113 billion package to cushion inflation
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: +2 min

Fumio Kishida, Japan's prime minister, reacts while delivering a policy speech during an extraordinary session at the lower house of parliament in Tokyo, Japan, on Monday, Oct. 23, 2023. Kiyoshi Ota | Bloomberg | Getty ImagesJapanese Prime Minister Fumio Kishida said on Thursday the government will spend over 17 trillion yen, or $113 billion, on a package of measures to cushion the economic blow from inflation, which will include tax cuts. To fund part of the spending, the government will compile a supplementary budget for the current fiscal year of 13.1 trillion yen, Kishida told reporters. Including spending by local governments and state-backed loans, the size of the package will total 21.8 trillion yen. The rising cost of living is partly blamed for pushing down Kishida's approval ratings, piling pressure on the prime minister to take steps to ease the pain on households.

Persons: Fumio, Kiyoshi Ota, Fumio Kishida, Kishida Organizations: Bloomberg, Getty Locations: Tokyo, Japan, Covid

☆ Japan new economic package to total about $112 bln - Asahi
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: 1 min

A woman points at the high prices of fruits at a market in Tokyo, Japan March 3, 2023. REUTERS/Androniki Christodoulou/ File photo Acquire Licensing RightsTOKYO, Nov 1 (Reuters) - A package of economic measures Japanese Prime Minister Fumio Kishida's government is compiling will likely come to about 17 trillion yen ($112.15 billion) in size, the Asahi Shimbun reported on Wednesday. Kishida said last week his government hoped to compile the package to cushion the economic blow from rising inflation on Nov. 2. ($1 = 151.5800 yen)Reporting by Kiyoshi Takenaka; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Androniki, Fumio, Kishida, Kiyoshi Takenaka, Daniel Wallis Organizations: REUTERS, Rights, Asahi Shimbun, Thomson Locations: Tokyo, Japan

A woman looks at items at a shop in Tokyo, Japan, March 24, 2023. The spending plan, to be formally decided by Prime Minister Fumio Kishida's cabinet on Nov. 2, also features payouts to low-income households, the officials said, confirming a report by the Nikkei newspaper. Tax revenue has grown this year, and Murai said the prime minister wanted to find a way to return some of that to the public to support households. "The prime minister will give formal and specific instruction at a meeting tomorrow between officials of the government and the ruling bloc, which will shape up through the ruling party's tax panel debate," Murai said. Kishida is due to discuss wage hikes, among other issues, with auto industry officials when he visits the Japan Mobility Show on Thursday, Murai said.

Persons: Androniki, Fumio Kishida's, Hideki Murai, Murai, Kishida, Takaya Yamaguchi, Yoshifumi Takemoto, Leika Kihara, Shri Navaratnam, Sonali Paul Organizations: REUTERS, Rights, Reuters, Nikkei, Japan, Thomson Locations: Tokyo, Japan, COVID

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