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☆ 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

☆ Japan's Daisaku Ikeda, longtime Soka Gakkai lay Buddhist leader, dies at 95
▼ + stars: | 2023-11-18 | by ( Anton Bridge | ) www.reuters.com time to read: +3 min

Ikeda died on Wednesday evening from natural causes at age 95, Soka Gakkai said in a statement on its website. Soka Gakkai, founded in 1930, says it has 12 million members in 192 countries and territories worldwide. He also founded Soka Gakkai's umbrella organisation, Soka Gakkai International, in 1975, where he served as honorary president from 1979 until his death. But those dropped off in recent years leading to some speculation about his health and role in Soka Gakkai International. In 1947 he met Josei Toda, then leader of the Soka Gakkai organisation, who was to become his mentor.

Persons: Daisaku Ikeda, Ikeda, Zhou Enlai, Mikhail Gorbachev, Arnold Toynbee, Polly Toynbee, Ichi, Josei Toda, Succeeding Toda, Kaneko, Hiromasa, Takahiro, Anton Bridge, David Dolan, William Mallard aand Kim Coghill Organizations: Soka Gakkai, Kyodo, Rights, Soviet, government's, Soka, Soka Gakkai International, SGI, Thomson Locations: Tokyo, Japan, British

☆ Japanese junior coalition party calls for debate on income tax cuts
▼ + stars: | 2023-11-07 | by ( Takaya Yamaguchi | ) www.reuters.com time to read: +1 min

TOKYO, Nov 7 (Reuters) - The head of the tax panel for the Japanese political party Komeito, a junior coalition partner with the ruling Liberal Democratic Party (LDP), said on Tuesday a thorough debate is needed on a controversial plan to cut income tax next year. Makoto Nishida, Komeito's tax panel head, said that policymakers should not have a preset mind to limit the tax break to just a year, signalling a possibility to extend it beyond 2024. Prime Minister Fumio Kishiida of the LDP plans to adopt income tax cuts for the next fiscal year as part of a broader economic package to boost household incomes and consumption. Opposition lawmakers have criticized the income tax cuts as politically motivated and ineffective as it takes time to implement and it could end up adding to the Japan's debt burden, the industrial world's largest. Additional reporting by Tetsushi Kajimoto; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Makoto Nishida, Nishida, Fumio Kishiida, Tetsushi Kajimoto, Christian Schmollinger Organizations: Liberal Democratic Party, Thomson Locations: TOKYO

☆ Japan PM Kishida plans Sept 13 cabinet reshuffle, coalition partner says
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

Japan's Prime Minister Fumio Kishida speaks during the leaders talk of the ASEAN-Indo Pacific Forum (AIPF) in Jakarta, Indonesia September 6, 2023. Adek Berry/Pool via REUTERS/File photo Acquire Licensing RightsTOKYO, Sept 8 (Reuters) - Japanese Prime Minister Fumio Kishida plans to reshuffle his cabinet on Sept. 13, the head of the junior partner in Kishida's ruling coalition said on Friday. On Thursday, there was further bad news when former ruling Liberal Democratic Party member Masatoshi Akimoto was arrested on suspicion of taking bribes. 56% of people thought Kishida should renew his cabinet and shake up the senior executives of the ruling party. Reporting by Kantaro Komiya, Sakura Murakami, Kiyoshi Takenaka; editing by John Stonestreet and Susan FentonOur Standards: The Thomson Reuters Trust Principles.

Persons: Fumio Kishida, Adek Berry, Natsuo Yamaguchi, Kishida, Masatoshi Akimoto, Akimoto, Kantaro Komiya, Sakura Murakami, Kiyoshi Takenaka, John Stonestreet, Susan Fenton Organizations: Japan's, ASEAN, Pacific, Rights, Public, NHK, Liberal Democratic Party, Asahi, Yomiuri, Thomson Locations: Jakarta, Indonesia, India

☆ Japan considering extending gasoline subsidies to year-end - sources
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Gasoline fuel guns are pictured in front of fuel boards at a gasoline station in Tokyo, Japan September 20, 2022. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsTOKYO, Aug 29 (Reuters) - Japan's government is considering extending until year-end fuel subsidies to keep gasoline prices below 180 yen a litre, while working on a supplementary budget to finance broader measures, three people with direct knowledge of the matter said. Earlier, the sources had said the fuel subsidies would be funded by the supplementary budget. Last week, Prime Minister Fumio Kishida instructed ruling party officials to consider steps to extend the fuel subsidies which were introduced in January 2022 to help ease cost of living pressures. Gasoline prices have been rising steadily in Japan due to the weaker yen and higher global prices.

Persons: Kim Kyung, Komeito, Toshimitsu Motegi, Shunichi Suzuki, Fumio Kishida, Yoshifumi Takemoto, Tetsushi Kajimoto, Katya Golubkova, Muralikumar Anantharaman Organizations: REUTERS, Rights, Liberal Democratic Party, Finance, Thomson Locations: Tokyo, Japan

☆ Head of Japan coalition partner postpones China visit at China's request
▼ + stars: | 2023-08-26 | by ( ) www.reuters.com time to read: +1 min

Komeito party leader Natsuo Yamaguchi attends a debate session with other leaders of Japan's main political parties, ahead of October 31, 2021 lower house election, at the Japan National Press Club in Tokyo, Japan October 18, 2021. REUTERS/Issei Kato/Pool Acquire Licensing RightsTOKYO, Aug 26 (Reuters) - The head of Japan's Komeito party, the junior partner in the coalition government, will postpone his planned visit to China at China's request, the party announced on Saturday. Natsuo Yamaguchi was planning to visit China from August 28 to 30 in hopes of meeting China's President Xi Jinping and to hand over a personal letter from Prime Minister Fumio Kishida. Komeito said in a statement that it hoped "to readjust the appropriate timing of the visit in the future." The party said the Chinese side had explained that the country sees the importance of Komeito's longstanding friendly exchanges with China and expressed appreciation for Komeito's efforts to realise the visit.

Persons: Natsuo Yamaguchi, Issei Kato, Japan's, Xi Jinping, Fumio Kishida, Komeito, Mariko Katsumura, Jason Neely Organizations: Japan National Press Club, REUTERS, Rights, Kishida, Thomson Locations: Tokyo, Japan, China, United States, South Korea, South China

FILE PHOTO: Japanese Prime Minister Fumio Kishida poses during his news conference in Tokyo, Japan on February 24, 2023. Stanislav Kogiku/Pool via REUTERSThe news comes as households grapple with intensifying cost-of-living pressures amid elevated inflation for items such as energy and food, hitting consumption and smaller businesses. Thanks to the energy subsidies, a leading indicator of Japan’s consumer prices rose at a slower pace in February, data showed on Friday. However, an index stripping away the effect of fuel hit a fresh three-decade high in a sign of broadening inflationary pressures. The Japanese government will consider asking major utilities to reduce price increases for households in light of recent declines in energy prices, Kyodo news agency reported on Friday.

☆ South Korea hints at compensating victims of Japan's colonial forced labour
▼ + stars: | 2023-01-12 | by ( Hyonhee Shin | ) www.reuters.com time to read: +5 min

The Foundation for Victims of Forced Mobilization by Imperial Japan said it has secured initial donations from steelmaker POSCO (005490.KS) totalling 4 billion won ($3.2 million). Japanese Chief Cabinet Secretary Hirokazu Matsuno, Tokyo’s top spokesperson, declined to comment on Seoul’s compensation plan or its public hearing, saying they were domestic matters within South Korea. The foundation's chief, Shim Kyu-sun, said he would encourage South Korean companies to donate "from the perspective of social responsibility". National flags of South Korea and Japan are displayed during a meeting between Komeito Party members and South Korean lawmakers at Komeito Party's headquarters in Tokyo, Japan, July 31, 2019. Under the 1965 deal, South Korea was required to consider all pre-treaty compensation issues settled.

The draft annual tax-code revision seen by Reuters is expected to be approved by Kishida's cabinet on Friday. read moreUnder his flagship initiative aimed at redistributing income, Prime Minister Fumio Kishida has sought to shift Japan's 2,000 trillion yen ($14.52 trillion) in household assets away from savings and into investment. As part of this initiative, the government will make permanent a programme that offers tax breaks for households' stock investments. "It will be implemented at "an appropriate time" from 2024 onwards," LDP tax panel head Yoichi Miyazawa told reporters on Thursday. Tobacco tax will be also raised in stages by 3 yen per cigarette, the draft showed.

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