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MINISTRY

Finance Minister Shunichi Suzuki has officially acknowledged that the government had intervened in the market to prop up the yen.
BUSINESS / Economy
Jun 4, 2024
Japan's yen intervention was effective to an extent, finance minister says
Figures disclosed by the Finance Ministry on Friday indicated that it spent ¥9.8 trillion combined to prop up the yen on April 29 and May 1, a record amount.
U.S. Secretary of Defense Lloyd Austin speaks at the Shangri-La Dialogue security conference in Singapore on Saturday.
JAPAN
Jun 4, 2024
Upgrade for U.S. military's command in Japan gains steam
U.S. defense chief Lloyd Austin has said that basing a four-star commander in Japan is something the Pentagon is “looking at very closely.”
Almost 45% of Japanese nationals living abroad feel lonely, with a language barrier the leading cause of loneliness, a survey finds.
JAPAN
Jun 4, 2024
45% of Japanese nationals living abroad feel alone: survey
The survey found that a language barrier is the leading cause of loneliness, cited by 31.6%, followed by a cultural gap, by 27.9%.
Defense Minister Minoru Kihara, U.S. Defense Secretary Lloyd Austin and South Korean defense chief Shin Won-sik attend a trilateral meeting on sidelines of the Shangri-la Dialogue security conference in Singapore on Sunday.
JAPAN / Politics
Jun 2, 2024
Japan, South Korea and U.S. unveil new initiatives to cement defense ties
The three partner nations agreed to develop a framework to institutionalize trilateral cooperation within the year.
Defense Minister Minoru Kihara and his South Korean counterpart, Shin Won-sik, meet on the sidelines of the Shangri-La Dialogue security conference in Singapore on Saturday.
JAPAN / Politics
Jun 1, 2024
Japan and South Korea agree to prevent repeat of 2018 naval row
The move to shelve long-standing political differences is seen as a significant step toward restoring bilateral defense and security cooperation.
Defense Minister Minoru Kihara delivers a speech during the Shangri-La Dialogue regional security conference in Singapore on Saturday.
JAPAN / Politics
Jun 1, 2024
Japan defense minister warns of ‘simultaneous crises’ in Asia and beyond
Defense chief Minoru Kihara said Tokyo is “ready to lead the way” in preserving and strengthening a free and open international, rules-based order.
Japanese Defense Minister Minoru Kihara (left) shakes hands with Chinese defense chief Dong Jun on the sidelines of the Shangri-La Dialogue security conference in Singapore on Saturday.
JAPAN / Politics
Jun 1, 2024
Japan defense chief tells China counterpart of 'serious' military concerns
Defense Minister Minoru Kihara met Chinese defense chief Dong Jun on the sidelines of a major Asian security conference in Singapore on Saturday.
Trade no longer generates a surplus in Japan, reflecting a surge in the cost of energy imports and an increase in offshore production.
BUSINESS / Economy
May 30, 2024
Yen's relentless slide revives Japan's interest in structural reforms
The currency's persistent weakness has alerted policymakers to more fundamental drivers behind it, such as the nation's dwindling global competitiveness.
A man watches a television screen showing a news broadcast with file footage of a North Korean missile test, at a train station in Seoul on Thursday.
ASIA PACIFIC
May 30, 2024
In unusual move, North Korea fires off barrage of at least 10 ballistic missiles
While the North has in the past launched multiple missiles in a single volley, the sheer number fired Thursday pointed to training for so-called saturation strikes.
An LDP panel's proposal on fiscal policy underscores how a weak yen and an exit from ultra-low interest rates are piling pressure on Japan to rein in its huge public debt.
BUSINESS
May 30, 2024
Japan must restore fiscal discipline to protect yen's value, LDP panel says
The views of the panel of Liberal Democratic Party lawmakers are shared by the powerful Finance Ministry, who oversees the state budget.
A woman walks past a television at a railway station in Seoul on Tuesday showing a news broadcast with NHK footage of a projectile that exploded into a fireball a day earlier, following Pyongyang's failed attempt to put a second spy satellite in orbit.
ASIA PACIFIC / Politics / ANALYSIS
May 28, 2024
Pyongyang’s fiery space-race failure cold comfort as more launches expected
The launch failure was also viewed as a possible symbolic success in being disruptive just as a rare summit involving Japan, South Korea and China was concluding.
Self-Defense Forces soldiers walk past a Patriot Advanced Capability-3 (PAC-3) missile unit at the Defense Ministry in Tokyo in October 2017.
JAPAN / ANALYSIS
May 26, 2024
Evolving drone and missile threats prompting Tokyo to rethink air defense
The low cost of mass-producing tools for modern warfare is pushing the Defense Ministry to find ways to upgrade detection, tracking and interception capabilities.
A bill on checking sex crime records of people seeking jobs involving contacts with children passes the Lower House on Thursday.
JAPAN / Crime & Legal
May 23, 2024
Lower House OKs bill to create Japanese version of DBS
The bill aimed at preventing sexual offenses against children was approved unanimously at a plenary meeting.
Foreign Minister Yoko Kamikawa delivers a video message during a meeting of the International Group of Eminent Persons for a World without Nuclear Weapons in Yokohama on Tuesday.
JAPAN
May 23, 2024
Yokohama meeting on nuclear disarmament ends with call for focus on AI
The 15 participating experts came from states both with and without nuclear weapons, including superpowers such as the United States, Russia and China.
A missile is launched as North Korea conducts a test firing of a tactical ballistic missile on Saturday.
JAPAN / Politics
May 23, 2024
Japan underlines qualitative improvement of North Korean nukes
An early draft of Japan's annual defense white paper also expressed a strong sense of crisis over China's military over its activities around Taiwan.
A railgun prototype developed by the Acquisition, Technology and Logistics Agency. A railgun uses electromagnetic force to fire bullets at high speeds, making them harder to intercept, but challenges remain over improving fire accuracy and making the weapon smaller.
JAPAN
May 21, 2024
Japan sends defense official to U.S. Navy for railgun development
The move is aimed at absorbing the know-how of the United States, which long researched railguns, to put the weapon into practical use as soon as possible.
Justice Minister Ryuji Koizumi speaks to reporters in Tokyo on Tuesday.
JAPAN / Politics
May 21, 2024
Japan's revised immigration bill clears Lower House
Permanent residency holders may have their status revoked if they deliberately fail to pay their taxes, impacting only those "with malicious intent."
Defense Minister Minoru Kihara is expected to hold bilateral talks with  his South Korean counterpart, Shin Won-sik, during the Shangri-La Dialogue to be held in Singapore from May 31.
JAPAN / Politics
May 21, 2024
Tokyo and Seoul to bolster defense ties with deal to prevent radar row repeat
The two neighbors' defense ministers hope to use an agreement to kick-start their defense relationship, which has been in limbo since the incident.
Japan's digital trade deficit in 2023 was up about 2.6 times over nine years since 2014, as smartphones have become ubiquitous tools and the digital services sector is dominated by U.S. information technology giants.
BUSINESS / Economy
May 20, 2024
Japan's digital trade deficit continues to expand
The deficit in Japan's balance of payments in digital services continues to expand steadily.
BOJ Gov. Kazuo Ueda has talked about the potential need for a monetary policy response given foreign exchange rates’ impact on the economy. Last month, the yen touched its weakest level in 34 years, ¥160 per dollar, before rebounding.
COMMENTARY / Japan
May 20, 2024
BOJ Gov. Ueda finally toughens message on the weak yen
Though most of the factors behind the flailing currency lie outside of Japan, the central bank and Finance Ministry have some agency in determining events. They should use it.

Longform

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