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September 02, 2025
 

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BUDGETS

The Finance Ministry building in Tokyo's Kasumigaseki district
BUSINESS
Aug 31, 2025
Japan fiscal 2026 budget requests likely to top ¥122 trillion
The increase is due to surges in debt-servicing costs, including loan repayments and interest payments, and policy-related expenses reflecting rising prices and wages.
Pedestrians walk past a flag that reads “Free DC” hanging on an overpass near the U.S. Capitol building in Washington on Aug. 15
WORLD / Politics
Aug 30, 2025
Trump notifies Congress of plan to rescind billions in foreign aid
The maneuver challenges Congress’ spending powers and intensifies an already contentious battle over government funding, which is due to lapse Sept. 30.
Prime Minister Shigeru Ishiba's ruling Liberal Democratic Party and its coalition partner, Komeito, will screen government agencies and ministries' requests for tax reform at their respective tax panels, aiming to draw up guidelines later this year.
JAPAN / Politics
Aug 30, 2025
Government agencies draw up fiscal year 2026 tax reform requests
The ruling coalition will screen the requests, aiming to draw up late this year tax reform guidelines for the fiscal year starting next April.
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.
JAPAN
Aug 29, 2025
Japan looks to build drone ‘shield’ in record defense budget request
The Defense Ministry is seeking a budget exceeding ¥8.8 trillion that includes a ¥128.7 billion plan to build a multilayered coastal defense system.
The former main building of the Justice Ministry. The ministry is requesting ¥877.5 billion in overall funding, of which ¥22.9 billion would be used for measures linked to foreign workers.
JAPAN / Politics
Aug 28, 2025
Budget requests from Justice Ministry focus on foreign nationals
Of the ¥877.5 billion requested, ¥22.9 billion would be set aside for measures linked to foreign workers and ¥18.3 billion for measures that respond to a rise in foreign tourists.
The Foreign Ministrys budget request for fiscal 2026 will call for building information infrastructure and developing digital human resources.
JAPAN
Aug 27, 2025
Foreign Ministry to seek ¥874.3 billion budget for fiscal 2026
The budget request will call for building information infrastructure and developing digital human resources.
The Finance Ministry in Tokyo's Chiyoda Ward. The ministry plans to seek a record 32.4 trillion yen in debt-servicing costs in its budget request for fiscal 2026.
BUSINESS / Economy
Aug 26, 2025
Finance Ministry seeks record budget for debt financing
The ministry’s request would be the highest amount ever budgeted for debt-servicing costs, which already account for about a quarter of Japan’s national budget.
A Japan Coast Guard SeaGuardian unmanned aircraft
JAPAN
Aug 26, 2025
Japan to buy four SeaGuardian aircraft to boost maritime surveillance
Japan's SeaGuardian fleet will increase to nine units in fiscal 2028 if the four go into service that year.
Hours before talks with U.S. President Donald Trump, South Korean leader Lee Jae Myung has signaled that reaching a deal with Washington on its demand to have U.S. forces in South Korea play a larger role in countering China will prove difficult.
ASIA PACIFIC / Politics
Aug 25, 2025
Lee signals resistance to shifting U.S. Forces Korea’s focus to China
President Lee Jae Myung’s remarks come just hours before he meets with U.S. President Donald Trump in talks that are expected to be dominated by defense and security issues.
A soldier speaks to Taiwanese President Lai Ching-te in Hsinchu, Taiwan, on July 10.
ASIA PACIFIC / Politics
Aug 24, 2025
Taiwan voters reject lawmaker recalls, clouding defense budget
None of the seven opposition Kuomintang legislators targeted in Saturday’s second round of recall elections by the Democratic Progressive Party were removed.
The Environment Ministry plans to increase subsidies to local governments to fund projects such as setting up fences to prevent bears from encroaching into populated areas, as well as training personnel who can react when there are sightings.
JAPAN
Aug 22, 2025
Environment Ministry to boost support for local governments facing bear attacks
Funds will enable municipalities to secure and train staff able to respond to incidents involving bears.
Defense Minister Gen Nakatani takes part in a welcome ceremony with his Turkish counterpart, Yasar Guler, at Turkey's Defense Ministry in Ankara on Tuesday.
JAPAN / Politics
Aug 20, 2025
Japan and Turkey defense chiefs pledge industry tie-ups as Tokyo eyes drones
While drones were not explicitly mentioned by either side in readouts of the meeting, they were believed to have featured prominently in discussions.
U.S. President Donald Trump speaks to U.S. troops based in Osan Air Base in South Korea in June 2019.
ASIA PACIFIC / Politics / FOCUS
Aug 10, 2025
Defense to take top billing at U.S.-South Korea summit as Trump eyes alliance reset
With China looming large, security ties will take center stage at the first summit between U.S. President Donald Trump and South Korean leader Lee Jae Myung.
The budget guidelines allow ministries and agencies to request 20% more funds than in the fiscal 2025 initial budget for priority policy measures, including those to cope with rising prices.
BUSINESS / Economy
Aug 8, 2025
Japan's government adopts budget request guidelines for fiscal 2026
The guidelines allow ministries and agencies to request 20% more funds than in the fiscal 2025 initial budget for priority policy measures.
Britain’s latest defense review highlights a growing gap between its military ambitions and economic constraints, as limited spending, troop shortages and political hesitation hinder readiness amid rising global threats.
COMMENTARY / World
Aug 4, 2025
U.K. military rhetoric is not matching fiscal reality
U.K. prime ministers have a habit of over-promising and underdelivering on military commitments.
The Finance Ministry said on Thursday that surplus in the Japanese government's foreign exchange special account stood at a record high of ¥5.36 trillion at the end of fiscal 2024.
BUSINESS
Jul 31, 2025
Japan's forex special account logs record-high surplus
The ministry will transfer ¥3.2 trillion out of the surplus to the general account of the government's fiscal 2025 budget.
The city of Kumamoto. The number of local governments that are able to operate their finances without state tax allocations has increased for the fourth consecutive year, the internal affairs ministry announced on Tuesday.
JAPAN / Society
Jul 29, 2025
Local governments not allocated state tax revenue increase for fourth year
In fiscal 2025, such local governments totaled 85, up by two from the previous year, reflecting the growth of local tax revenues backed by robust corporate performance.
U.S. President Donald Trump gestures after signing executive orders in Washington on Wednesday.
JAPAN / Politics
Jul 24, 2025
Trump says Tokyo agreed to buy U.S. defense gear, but questions remain
Touting the surprise trade agreement with Japan, the U.S. president claimed that Tokyo agreed to buy billions of dollars in defense equipment.
Upper House votes being counted on Sunday. The Liberal Democratic Party-Komeito coalition lost its majority in the upper chamber of parliament, but could still be effective in thwarting the opposition.
BUSINESS / Economy
Jul 21, 2025
Consumption tax cut not a given even after Upper House election
Political and economic realities suggest that opposition policies will not skate through.
The $9 billion cut to foreign aid and public media the U.S. House of Representatives passed amounts to roughly one-tenth of 1% of the $6.8 trillion federal budget.
WORLD
Jul 18, 2025
U.S. House Republicans pass Trump plan to cut foreign aid and public broadcasting
The U.S. House of Representatives voted 216 to 213 in favor of the funding cut package, with only two Republicans voting against it.
‘Mount Fuji Lawson’ becomes a symbol of Japan’s overtourism problem
A couple poses for a wedding photo in front of a Lawson in the town of Kawaguchiko, Yamanashi Prefecture, on Aug. 25.
Woman dies after possible knife attack in Setagaya
Police investigate the scene where a woman was found bleeding on a street in Tokyo's Setagaya Ward on Monday.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
More sweltering days forecast for September after hottest summer on record
By the end of August, 8,341 people had been transported by ambulance for heatstroke in Tokyo alone.
How Tokyo's Ueno Zoo helps their animals cope with extreme heat
A polar bear at Ueno Zoo in Tokyo on Thursday. The Arctic animals are among the most vulnerable species to Japan's scorching summer heat and zookeepers have to take a number of precautions in order to keep them safe.
‘Mount Fuji Lawson’ becomes a symbol of Japan’s overtourism problem
A couple poses for a wedding photo in front of a Lawson in the town of Kawaguchiko, Yamanashi Prefecture, on Aug. 25.
How Tokyo's Ueno Zoo helps their animals cope with extreme heat
A polar bear at Ueno Zoo in Tokyo on Thursday. The Arctic animals are among the most vulnerable species to Japan's scorching summer heat and zookeepers have to take a number of precautions in order to keep them safe.
Japan is warming up to tattoos — just not permanent ones
Tattoos have a complex history in Japan, but new types of temporary ink are letting locals curious about body art experiment without the commitment.
Japan to launch broad review of immigration policies amid rise in foreign nationals
Foreign tourists at Narita Airport in June. A report released Friday stresses that Japan is at a turning point and that current ad-hoc measures on immigration are no longer sufficient.
Japan looks to build drone ‘shield’ in record defense budget request
A group of Ground Self-Defense Force service members discuss drone operations and capabilities at a joint static display during the Orient Shield 24 opening ceremony at the Yausubetsu Training Area in Hokkaido in July last year.

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