Sanae Takaichi

International

Japan’s Takaichi unveils 370 trillion yen long-term spending plan

The road map marks a key step in the premier’s effort to put her stamp on the country’s growth strategy

Tokyo resumed massive intervention in late April when the currency slid past 160 per dollar, with a US$73 billion yen-buying operation, leading to a record 5.6% drop in reserves in May,

Banking & Finance

Japan plans to better manage war chest for yen intervention

Plans in draft growth strategy report reflect the government’s desire to boost returns on the reserves and help replenish its tattered finances

Japan's PM said any additional issuance of deficit-financing bonds to fund the extra budget is likely to be offset by higher tax revenue and others.

Global Enterprise

Japan’s Takaichi unveils 3 trillion yen extra Budget, reassures on bond issuance

This marks a reversal from Takaichi’s previous remarks ruling out the need for extra spending

Bank of Japan Governor Kazuo Ueda said there was no specific discussion on raising interest interests when he met PM Sanae Takaichi.

Banking & Finance

Bank of Japan chief says he agreed to maintain dialogue with PM, no talk of June rate hike

[TOKYO] Bank of Japan Governor Kazuo Ueda said on Friday he had agreed to communicate closely with Prime Minister Sanae Takaichi on monetary policy, but added the two did not discuss the possibility o...

Japan has curbed petrol prices through subsidies and has not introduced steps to preserve fuel, reflecting Takaichi’s focus on underpinning a fragile economic recovery.

International

Japan PM sees no need for now to compile extra budget

[TOKYO] Japanese said on Monday she did not see an immediate need to compile a supplementary budget, but pledged to respond “flexibly” depending on the degree of economic damage from the Middle East c...