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☆ Japan's Message for Donald Trump: Don't Cut a Deal With China
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +8 min

Trump, who reached a trade agreement with Beijing in 2019 that later expired, has not mentioned any potential deal with China during his campaign for the 2024 nomination. Two Japanese foreign ministry officials said they fear that Trump may be prepared to weaken U.S. support for nearby Taiwan in pursuit of a deal with China. A Trump aide told Reuters that no recent meetings have taken place between Trump and Japanese officials. "If he is going to cut a deal with China, Japan needs to try and get ahead of the curve and understand its potential role to support its interests in both the U.S. and in China," said Machida. Robert O'Brien, Trump's former national security adviser, also has connections with Japanese officials, two of the sources said.

Persons: John Geddie, Tim Kelly, Yoshifumi, America's, Donald Trump, Fumio Kishida, Joe Biden's, Trump, Xi, Kim Jong Un, they're, Ado Machida, Machida, Shinzo Abe, Aso, Japan's, Shigeo Yamada, Mike Pence, Jim Mattis, Mike Pompeo, Michael Green, Bill Hagerty, Yamada, Hagerty, Robert O'Brien, Trump's, O'Brien, Shigeru Kitamura, Biden, Tsuneo Watanabe, John Bolton, Watanabe, Yukiko Toyoda, Kaori Kaneko, Sakura Murakami, David Brunnstrom, Tim Reid, Ben Blanchard, Laurie Chen, Liz Lee, David Crawshaw Organizations: Trump, Republican, Group, North, Reuters, Fox News, U.S, Steel, Japan's Nippon Steel, U.S ., Liberal Democratic Party, . Studies, University of Sydney, Japan's U.S, Taiwan, Peace Foundation Locations: TOKYO, Japan, Asia, China, Beijing, Tokyo, Iowa, New Hampshire, U.S, Taiwan, Washington, Trump, Taipei

☆ 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

☆ 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's new cabinet reflects PM's focus on gender, defence
▼ + stars: | 2023-09-13 | by ( Sakura Murakami | ) www.reuters.com time to read: +3 min

[1/3] Japan's Prime Minister Fumio Kishida speaks during the leaders talk of the ASEAN-Indo Pacific Forum (AIPF) in Jakarta, Indonesia September 6, 2023. Top government spokesperson Hirokazu Matsuno said the role of defence minister went to Minoru Kihara, a pro-Taiwan politician who has visited the island in the past and belongs to a Japan-Taiwan interparliamentary group. Kihara will also oversee the bolstering of Japan's military as part of a plan to double defence spending over five years by 2027. China claims Taiwan as its own territory and will be sensitive to any shift in Japan's stance on the democratically governed island. "Even if the foreign and defence minister posts change, there won't be any change or impact on Japan's diplomatic policy."

Persons: Fumio Kishida, Adek Berry, Yoko Kamikawa, Hirokazu Matsuno, Minoru Kihara, Kihara, Takashi Kawakami, Shigenobu Tamura, Tim Kelly, Yoshifumi, Sakura Murakami, Chang, Ran Kim, Kantaro, Clarence Fernandez, Stephen Coates Organizations: ASEAN, Pacific, Rights, Liberal Democratic Party, Takushoku University, LDP, NHK, Thomson Locations: Jakarta, Indonesia, Taiwan, Japan, Tokyo, China, East Asia, United States

☆ Japan PM to keep his chief cabinet secretary in cabinet reshuffle -Yomiuri
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Sept 12 (Reuters) - Japanese Prime Minister Fumio Kishida has decided to keep Hirokazu Matsuno in his current post as chief cabinet secretary, a key ministerial position, during a cabinet reshuffle, the Yomiuri newspaper reported on Tuesday. The Yomiuri said core members of his cabinet and party leadership will remain unchanged, as Kishida also plans to keep former premier Taro Aso as party vice president and former foreign minister Toshimitsu Motegi as party secretary-general. Kishida, also the head of the ruling Liberal Democratic Party (LDP), has said he plans to reshuffle his cabinet and conduct a personnel change of party leadership as early as Wednesday. Shinzo Abe and Yoshihide Suga, two prime ministers before Kishida, both served as chief cabinet secretary before becoming premier. Reporting by Kiyoshi Takenaka; Editing by Christian Schmollinger and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Fumio Kishida, Kishida, Taro Aso, Toshimitsu Motegi, Shinzo Abe, Yoshihide Suga, Kiyoshi Takenaka, Christian Schmollinger, Christopher Cushing Organizations: Yomiuri, Liberal Democratic Party, Kishida, Thomson Locations: TOKYO

☆ 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

☆ Japan ex-PM Aso's 'fight for Taiwan' remark in line with official view, lawmaker says
▼ + stars: | 2023-08-10 | by ( Kantaro Komiya | Thomson Reuters | Kantaro Writes About Everything Japan'S Economic Indicators To North Korea'S Missiles To Global Regulation On Ai Companies. His Previous Stories Have Been Published In The Associated Press | ) www.reuters.com time to read: +2 min

Japan's Former Prime Minister and current Vice-President of the ruling Liberal Democratic Party, Taro Aso, speaks during the Ketagalan Forum in Taipei, Taiwan August 8, 2023. Aso's speech angered China, which claims Taiwan as its territory. Keisuke Suzuki, an LDP lawmaker who accompanied Aso's Taiwan visit this week, told the BS Fuji talk show on Wednesday that Aso had discussed the issue with Japanese government officials, indicating that Aso's view did not deviate from the official position. "The comment was not lawmaker Taro Aso's personal remark, but a result of arrangements with government insiders", Suzuki said. Aso's visit, which marked the most senior Japanese political official to visit Taiwan since 1972, when Japan normalised diplomatic relations with China, came as tensions have risen over democratically governed Taiwan amid China's increasing military pressure on the island during the past three years.

Persons: Taro Aso, Carlos Garcia Rawlins, Taro Aso's, Aso, Keisuke Suzuki, Aso's, Suzuki, Joe Biden, White, Hirokazu Matsuno, Kantaro Komiya, Gerry Doyle Organizations: Liberal Democratic Party, REUTERS, Japanese, Beijing, Fuji, United, Taiwan, Thomson Locations: Taipei, Taiwan, TOKYO, Japan, United States, China, Aso's Taiwan, U.S

REUTERS/Issei KatoTOKYO, July 8 (Reuters) - Japan on Saturday marked one year since former prime minister Shinzo Abe was gunned down during an election speech by a man angry at his links to the Unification Church. The death of Japan's longest serving prime minister, which was caught on video, rattled a nation unused to gun violence. Prime Minister Fumio Kishida and other senior officials and lawmakers joined Abe's widow, Akie, at a private memorial service at a Buddhist temple in Tokyo. Among them was Tsuu Ogawa, 49, a hotel worker, who celebrated her birthday the day that Abe was assassinated. In social media posts before the shooting, he blamed the Unification Church for leaving his mother in financial straits.

Persons: Shinzo Abe, Issei Kato TOKYO, Japan's, Fumio Kishida, Akie, Tsuu Ogawa, Abe, Critics, Atsuhiro Ueda, Kishida, Tetsuya Yamagami, Daishiro Yamagiwa, Tim Kelly, Irene Wang, Kim Coghill Organizations: REUTERS, Unification Church, Liberal Democratic Party, Unification, Korean, Economic, Thomson Locations: Zojoji, Tokyo, Japan

☆ Why Japanese Prime Minister Kishida may call a snap election soon
▼ + stars: | 2023-06-14 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

TOKYO, June 14 (Reuters) - Japanese Prime Minister Fumio Kishida is thought increasingly likely to call a snap election, perhaps within days. This could make it easier for Kishida to call a snap election because there are no pressing policy issues to rally voters. Calling an election soon could shorten preparation time and keep them on the back foot. Kishida and the LDP could come under fire for calling the election because of the lack of pressing issues. Only 11% of voters thought an election should be held "promptly" and another 19% "within this year," according to the NHK poll.

Persons: Fumio Kishida, Kishida, Volodymyr Zelenskiy, Elaine Lies, Gerry Doyle, Chang, Ran Kim Organizations: Liberal Democratic Party, Constitutional Democratic Party of Japan, NHK, Nikkei, Japan Innovation Party, Thomson Locations: TOKYO, Hiroshima

TOKYO, June 7 (Reuters) - Japan is committed to mobilise all policy options available while putting the economy before fiscal reform, according to a draft of the government's mid-year policy framework reviewed by Reuters on Wednesday, signalling its will to keep the fiscal spigot wide open before looming elections. Kishida, who is seen as a fiscal hawk, also hopes to strike a delicate balance between fiscal stimulus and the unwinding of it, with the framework calling for normalisation from crisis-mode fiscal largesse. "We have not abandoned the flag of fiscal reform," the framework said, in a tacit reference to Kishida's aim of bringing a primary budget surplus, excluding new bond sales and debt servicing costs, by the fiscal year ending in March 2026. The target was originally set to be met in the early 2010s but has pushed back four times. Reporting by Tetsushi Kajimoto; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Fumio, Kishida, Tetsushi Kajimoto, Christian Schmollinger Organizations: Reuters, Liberal Democratic Party, Thomson Locations: TOKYO, Japan, Ukraine

[1/2] Ukrainian artillery fires towards the frontline during heavy fighting amid Russia's attack on Ukraine, near Bakhmut, Ukraine, April 13, 2023. Following Ukraine President Volodymyr Zelenskiy's visit to Japan during the Hiroshima G7 leaders summit last month, Kishida agreed to donate jeeps and trucks. Japan is one of dozens of friends and allies that Washington is asking to help arm Ukraine as it wrestles with stretched military supply chains. Reuters contacted 22 explosives makers listed on the Japan Explosives Industry Association's website. The only one that said it made industrial TNT was Chugoku Kayaku, an Hiroshima-based firm that supplies Japan's military.

Persons: Kai Pfaffenbach, Lloyd Austin, Washington, Fumio Kishida, Volodymyr Zelenskiy's, Kishida, Tsuneo Watanabe, Austin, Akihisa Nagashima, Tim Kelly, Nobuhiro Kubo, Yukiko Toyoda, Kaori Kaneko, Idrees Ali, David Crawshaw Organizations: REUTERS, TNT, Russian, Reuters, Panasonic, Defense, U.S, Japan's Ministry of Trade, Industry, Technology, Logistics Agency, U.S . State Department, Ukraine, TNT Washington, Japan Explosives Industry, Liberal Democratic Party, Thomson Locations: Ukraine, Bakhmut, TOKYO, United States, Japan, Washington, U.S, Tokyo, China, Taiwan, East Asia, Kyiv, Hiroshima, Sasakawa, South Korea, Chugoku, Japan's, Russia, Seoul

☆ Japan court rules that a bar on same-sex marriage is unconstitutional
▼ + stars: | 2023-05-30 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

[1/2] People including plaintiffs' lawyers hold banners and flags, after the lower court ruled that not allowing same-sex marriage was unconstitutional, outside Nagoya district court, in Nagoya, central Japan, May 30, 2023, in this photo released by Kyodo. The ruling by the Nagoya District Court was the second to find a ban against same-sex marriage unconstitutional, out of four cases on the issue over the past two years. A Tokyo court later upheld the ban on same-sex marriage but said a lack of legal protection for same-sex families violated their human rights. Though opinion polls show some 70% of the public supports same-sex marriage, the conservative ruling Liberal Democratic Party (LDP) of Prime Minister Fumio Kishida opposes it. Kishida in February sacked an aide who sparked outrage by saying people would flee Japan if same-sex marriage was allowed, but the premier remains noncommittal about it and has said discussions must proceed "carefully".

TOKYO, May 22 (Reuters) - Japanese Prime Minister Fumio Kishida is increasingly certain to call a snap election, perhaps within weeks, as domestic support surges after a G7 summit that drew a surprise visit by Ukraine's president. Although Kishida said on Sunday he was not thinking of dissolving parliament now, experts feel he may not be able to resist as favourable conditions stack up. "For Kishida, Zelenskiy's visit has a unique significance that will help boost his support rating," said Shigenobu Tamura, a political analyst and former LDP staffer. On Friday, it powered to its highest since 1990. read moreCalling an early election could mean less time for the opposition to prepare. An early election might come too soon to guarantee Kishida the LDP presidency even if the party does well, as a threat looms from rising prices, said analyst Atsuo Ito.

☆ Japan PM Kishida evacuated unhurt after explosion at speech- media
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +2 min

Mandatory credit Kyodo via REUTERSTOKYO, April 15 (Reuters) - Japanese Prime Minister Fumio Kishida was evacuated unhurt after a suspect threw what appeared to be a smoke bomb at an outdoor speech in western Japan on Saturday, domestic media reported. A loud explosion was heard, but the premier took cover and was unharmed while police subdued a man at the scene, public broadcaster NHK said. Kishida had just started to deliver the speech after touring the harbour when Saturday's incident occurred, NHK said. Kishida was to continue his Saturday afternoon campaign schedule after the incident, the LDP confirmed via its Twitter account. The man appeared to be in his 20s or 30s, media said.

☆ Japan ruling party group eyes ban on TikTok, other apps -lawmaker
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

TOKYO, March 27 (Reuters) - A group of Japan's ruling Liberal Democratic Party (LDP) lawmakers plans to compile a proposal next month urging the government to ban social networking services such as TikTok if they are used for disinformation campaigns, an LDP lawmaker said on Monday. Many U.S. lawmakers are calling on the Biden administration to ban the popular Chinese-owned social media app, alleging the app could be used for data collection, content censorship and harm to children's mental health. "If it's verified that an app has been intentionally used by a certain party of a certain country for their influence operations with malice ..., promptly halting the service should be considered," Norihiro Nakayama told Reuters in an interview. Nakayama, a senior member of a ruling party lawmakers' group looking into ways to enhance Japan's economic security, said the group plans to compile the recommendation next month, adding that the proposal will not be targeting at any particular platform. Reporting by Kiyoshi Takenaka, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

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.

☆ With backing from business lobby, Japan PM calls for workers' pay hikes
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +2 min

"Above all, wage hikes that beat price hikes are needed," Kishida told an annual gathering of his ruling Liberal Democratic Party (LDP), which lays out its policy agenda for this year. "The wave of wage hikes must spread to small firms and local areas to enhance competitiveness amid heated competition to attract workers" amid labour shortages, Kishida said. While achieving "structural wage hikes," Kishida pledged to continue to take steps to curb energy and food prices to ease the pain of inflation on households. Masakazu Tokura, head of Japan's biggest business lobby Keidanren, expressed support for the wage push. Moreover, the small companies that provide most of Japan's jobs generally can't increase pay, business owners, economists and officials say.

Kazuo Ueda, a 71-year-old university professor who has kept a low profile despite strong credentials as a monetary policy expert, ticked some important boxes. While he was not even on the list of dark horse candidates floated by the media, Ueda was well known in global central bank circles. The bank's preferred choices were incumbent deputy governor Amamiya, as well as former deputies Hiroshi Nakaso and Hirohide Yamaguchi, given their deep knowledge on monetary policy. Matsuno said he hoped the BOJ works closely with the government and guides monetary policy flexibly, when asked whether Ueda's appointment could lead to a retreat from Abenomics. While he warned of the rising cost of the BOJ's yield control policy, Ueda has called for the need to keep monetary policy loose to ensure Japan stably achieves the bank's 2% inflation target.

☆ Japan PM Kishida rebukes aide over same-sex couple outburst
▼ + stars: | 2023-02-04 | by ( ) www.reuters.com time to read: +2 min

"His comments are outrageous and completely incompatible with the administration's policies," Kishida said in remarks aired by public broadcaster NHK. Kisihida said he may dismiss Arai, who later apologized for "misleading" comments made after Kishida had said in parliament that same-sex marriage needed careful consideration because of its potential impact on the family structure. Arai's comments are an embarrassment for Kishida as he prepares to host other leaders from Group of Seven nations in May. In a survey published by NHK in July 2021, two months before Kishida became prime minister, 57% of 1,508 respondents said they supported the legal recognition of same-sex unions. In November, a Tokyo court upheld a ban on same-sex marriage, but also said a lack of legal protection for same-sex families violated their human rights.

☆ Japan prosecutors indict Yamagami for murder of ex-Prime Minister Abe -Yomiuri
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Jan 13 (Reuters) - Japanese prosecutors on Friday indicted the man suspected of killing former Prime Minister Shinzo Abe, Yomiuri newspaper reported. Nara District Public Prosecutors Office indicted Tetsuya Yamagami, 42, on murder charges as well as for violating gun laws after concluding a roughly six-month psychiatric evaluation, the newspaper reported. The Unification Church was founded in South Korea in 1954 and famous for its mass weddings, relying on its Japan followers as a key source of income. The approval rate for Prime Minister Fumio Kishida's government had fallen to record laws amid revelations about connections between the church and many LDP lawmakers. In November, Japan launched a probe into the church that could threaten its legal status following the assassination of Abe.

☆ Japan PM floats possibility of snap election before defence budget tax hike
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Dec 28 (Reuters) - Japanese Prime Minister Fumio Kishida on Tuesday floated the possibility of calling a snap election before a tax increase aimed at funding the country's defence budget comes into place "sometime after 2024". The government is set to implement tax increases to cover a shortfall of 1 trillion yen in the defence budget, despite stiff opposition from within the ruling coalition amid Kishida's sagging popularity. "We will be asking the general public to take on the (tax) burden for an appropriate period of time, starting from sometime after 2024 up to 2027. The next national election is due by 2025, unless Kishida calls for a snap election. Kishida revealed a new national security plan in mid-December and has pledged to double defence outlay to 2% of Japan's GDP by 2027.

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.

☆ Japan lawmaker in Taiwan says China threat needs more military spending
▼ + stars: | 2022-12-11 | by ( ) www.reuters.com time to read: +3 min

TAIPEI, Dec 11 (Reuters) - Japan needs to increase its military spending in the face of the "grim reality" of the threat from China and North Korea, a senior member of Japan's ruling Liberal Democratic Party said on Sunday during a visit to Taiwan. Although Chinese-claimed and democratically-governed Taiwan and Japan do not have formal diplomatic ties, they have close unofficial relations and both share concerns about China, especially its increased military activities near the two. Hagiuda pointed to China's massive increase in military spending, as well as North Korean missile tests, as reasons for Japan to raise its defence budget. Japan hosts major U.S. military bases, including on Okinawa, a short flight from Taiwan, which would be crucial for any U.S. support during a Chinese attack. Addressing a think-tank in Taiwan last December, the late former Japanese Prime Minister Shinzo Abe said Japan and the United States could not stand by if China attacked Taiwan, and Beijing needs to understand this.

☆ Taiwan pledges deeper Japan security cooperation as senior lawmaker visits
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +2 min

[1/2] Taiwan's President Tsai Ing-wen gives a speech on National Day in Taipei, Taiwan, October 10, 2022. REUTERS/Ann WangTAIPEI, Dec 10 (Reuters) - Taiwan President Tsai Ing-wen pledged on Saturday to deepen security cooperation with Japan to ensure freedom in the Indo-Pacific, during a meeting with a senior member of Japan's ruling Liberal Democratic Party (LDP). Meeting in the presidential office in Taipei, Tsai thanked Koichi Hagiuda, the LDP's policy chief, for Japan's support over issues like maintaining security in the sensitive Taiwan Strait. "We have seen in recent years Taiwan-Japan relations have become ever closer," she said. Japan has watched with growing concern China's belligerence towards Taiwan as Beijing seeks to assert its sovereignty claims over the island.

☆ Japan cautious on capital gains tax; must stick to increasing defence
▼ + stars: | 2022-12-04 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Dec 4 (Reuters) - Japan should avoid rushing into raising capital gains tax as doing so could send a wrong message to markets when Japan is encouraging financial investment, a senior government official said on Sunday. "Strengthening taxation could send a wrong signal that runs counter to our aim of expanding investment," Deputy Chief Cabinet Secretary Seiji Kihara said in a programme on broadcaster FNN, referring to capital gains tax. The tax has been contentious since Prime Minister Fumio Kishida swept to power last year pledging to review what is seen an unfair tax that favours the rich earning hefty financial investment income. In Japan, differences between the income tax and capital gains tax rates causes what is known as the wall of 100 million yen, at which the effective tax rate on financial investment income starts to decline. "We must do what we should do regardless of whether there are funding sources or not," Kihara said.

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