Prime Minister Sanae Takaichi’s economic agenda faced another market test on July 23 as the yen remained near its weakest level in about 40 years, forcing the government to keep warning of possible currency action while investors increasingly expected the Bank of Japan to raise interest rates again before the end of the year.
Prime Minister Sanae Takaichi’s economic agenda came under sharper pressure on July 22 as the yen fell to its weakest level in about 40 years, forcing the government to warn of possible currency action while the Bank of Japan signaled growing concern that inflation risks could require faster interest-rate hikes.
A Russian nuclear-capable long-range strategic bomber flew over international waters in the Sea of Japan for more than 11 hours, accompanied by an escort that included Sukhoi Su-35 fighter jets, Russia's Defense Ministry said on July 21 as it released footage of the flight.
Prime Minister Sanae Takaichi has drawn criticism over a social media post describing five hours of sleep as a rare luxury, as the extended Diet session prepares to begin Upper House debate on a controversial bill to establish secondary capitals outside Tokyo.
Prime Minister Sanae Takaichi’s first economic policy roadmap took center stage on July 21, setting out a long-term investment strategy aimed at reviving growth, but the plan was immediately overshadowed by concerns in the bond market over fiscal discipline and the Bank of Japan’s independence.
Asset reports for all 465 members of Japan's House of Representatives elected in February 2026 have been released, showing average declared assets of 32.78 million yen, up 6.09 million yen from the previous disclosure.
Prime Minister Sanae Takaichi's government approved its first annual basic economic and fiscal policy on Tuesday, pledging "responsible and proactive fiscal policy" and envisioning about 370 trillion yen in public- and private-sector investment in strategic industries through fiscal 2040.
A covert network of shuttle tankers is carrying crude through the increasingly dangerous Strait of Hormuz as renewed fighting between the United States and Iran disrupts shipping and raises concerns over how Japan will secure the oil it needs.