TOKYO (Reuters) – A recent rise in Japan’s long-term interest rates to around 1 percent is within a tolerable range, but it is necessary to avoid a marked further rise in bond yields, the secretary-general of Japan’s junior ruling coalition party said on Wednesday.
Yoshihisa Inoue, secretary-general of the New Komeito party, also said that it was necessary for Japan to show a clear path for fixing its tattered state finances. Japan’s public debt is more than twice the value of its 500 trillion yen ($5 trillion) economy.
TOKYO (Reuters) – Outspoken Osaka Mayor Toru Hashimoto, seeking to quell an international furor, denied on Monday that he had ever meant to excuse Japan’s wartime military brothels and said Japan should apologize to the Asian and other women forced to work there.
Still, in comments likely to keep the controversy alive, Hashimoto said historical research was needed to determine whether Japan “as a state” was directly involved in human trafficking of the “comfort women”, as those who worked in the brothels are euphemistically known in Japan.
TOKYO (Reuters) – When ill health and political gridlock forced Shinzo Abe to quit after one dismal year as Japan’s prime minister, his pride was dented and his self-confidence battered.
One thing, however, was intact: his commitment to a controversial conservative agenda centered on rewriting Japan’s constitution. Conservatives see the 1947 pacifist charter, never once altered, as embodying a liberal social order imposed by the U.S. Occupation after Japan’s defeat in World War Two.
TOKYO, May 24 (Reuters) – When ill health and political
gridlock forced Shinzo Abe to quit after one dismal year as
Japan’s prime minister, his pride was dented and his
One thing, however, was intact: his commitment to a
controversial conservative agenda centered on rewriting Japan’s
constitution. Conservatives see the 1947 pacifist charter,
never once altered, as embodying a liberal social order imposed
by the U.S. Occupation after Japan’s defeat in World War Two.
SAGAMIHARA, Japan (Reuters) – When Masayoshi Matsumoto joined the Japanese army in 1943 and was sent to occupied China as a medic, he thought he was taking part in a righteous war to free Asia from the yoke of Western imperialism.
Seven decades later, the 91-year-old retired Christian pastor says it’s his mission to speak out about the injustice of the war and the sufferings of women, mostly Asian and many Korean, forced to work in Japanese wartime military brothels.
TOKYO (Reuters) – A U.S. envoy for North Korea sidestepped questions on Thursday on the nature of a surprise visit to Pyongyang by an aide to Japan’s prime minister, but said all sides tackling North Korea’s nuclear ambitions should coordinate closely.
Isao Iijima’s trip to the North Korean capital, Pyongyang, and his talks with senior officials there have irritated South Korea and analysts said possibly the United States as well, although China has been more positive about it.
TOKYO, May 16 (Reuters) – Anyone expecting a broad overhaul
of Japan’s economy that would remove barriers to competition
will likely be disappointed when Prime Minister Shinzo Abe
launches his “Third Arrow” policy next month, but those with
more modest expectations may be pleased.
Abe has promised to make structural reform and deregulation
a key part of his growth strategy, the third tranche of his
“Abenomics” prescription after hyper-easy monetary policy and
TOKYO (Reuters) – Shinzo Abe makes no secret of wanting to revise Japan’s constitution, which was drafted by the United States after World War Two, to formalize the country’s right to have a military – but critics say his plans go deeper and could return Japan to its socially conservative, authoritarian past.
Abe, 58, returned to office in December for a second term as prime minister and is enjoying sky-high support on the back of his “Abenomics” recipe for reviving the economy through hyper-easy monetary policy, big spending and structural reform.
TOKYO (Reuters) – When Prime Minister Shinzo Abe holds a ceremony on Sunday to mark a day in history that few voters give much thought, he will also be quietly pushing his agenda to break free from Japan’s post-war pacifism that could risk inflaming regional tensions.
This week’s friction with China and South Korea over disputed territory and history showed once more that the past still looms large over diplomacy in East Asia.
TOKYO (Reuters) – If past is precedent, optimists hoping Japanese Prime Minister Shinzo Abe will defy vested interests to take bold action to open the country to more competition as a way to spur growth could well be in for disappointment.
Japan’s list of reports urging reforms date back almost three decades and have rarely led to the bold action that critics say is needed to dig the economy out of stagnation.