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June 30, 2026
 

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BUDGETS

Draft guidelines list expressways and some shinkansen lines as key areas of focus for infrastructure development.
JAPAN
Jun 29, 2026
Japan to stop focusing on public works cost effectiveness
The government will shift its focus to an overall assessment that places an emphasis on basic functions to protect lives and livelihoods, under annual guidelines due next month.
Prime Minister Sanae Takaichi speaks during a meeting on economic policy at the Prime Minister's Office in Tokyo on Thursday.
JAPAN / Politics
Jun 27, 2026
Japan government to avoid deficit-covering bonds for food tax cut
The move to avoid the issuance of deficit-covering bonds follows a policy that Prime Minister Sanae Takaichi has consistently emphasized.
A female technician maintaining and inspecting machinery
JAPAN / Politics
Jun 26, 2026
Takaichi’s blueprint of women’s policies focuses on menopause, education and housekeepers
Support for women’s health in different stages of life forms one of the main pillars of the government plan.
Prime Minister Sanae Takaichi speaks during a news conference in Tokyo in April
JAPAN / Politics
Jun 25, 2026
Japan unveils multiyear framework as part of budget reform
The mechanism is expected to start next fiscal year and will be used to fund measures including investments in economic security and crisis preparedness.
Prime Minister Sanae Takaichi aims to put her stamp on Japan’s growth strategy as technological change and geopolitical tensions reshape economic priorities.
BUSINESS / Economy
Jun 24, 2026
Japan unveils $2.3 trillion investment plan for next 14 years
The roadmap marks a key step in Takaichi’s effort to put her stamp on Japan’s growth strategy as technological change and geopolitical tensions reshape economic priorities.
Finance Minister Satsuki Katayama says Japan is currently undergoing the greatest budgetary reform process since the end of World War II.
BUSINESS / Economy
Jun 9, 2026
Katayama says Japan undergoing biggest budget reform since 1945
The government plans to incorporate as much spending for one year as possible into the initial budget rather than rely on additional funding via supplementary packages.
Prime Minister Sanae Takaichi speaks at a Lower House plenary session in Tokyo on Wednesday. Takaichi has described the supplementary budget as being designed to “minimize risks” from the increasingly uncertain situation in the Middle East.
JAPAN / Politics
Jun 4, 2026
Lower House passes ¥3.11 trillion extra budget to ease Mideast war impacts
The budget will create a new reserve fund to respond to developments in the conflict while aiding impacted energy users and replenishing the existing reserve fund.
Prime Minister Sanae Takaichi’s Cabinet has endorsed a ¥3.1 trillion extra budget to fund measures meant to cushion households from inflation tied to Middle East turbulence.
BUSINESS
Jun 3, 2026
Japan unveils ¥3.1 trillion extra budget to cushion Mideast impact
While the government has yet to specify the usage of that fund, it is expected to be used initially to cap costs for gasoline.
Russian President Vladimir Putin speaks during a ceremony at the Kremlin in Moscow on Monday.
WORLD / Politics
Jun 2, 2026
Russia finance officials tell Putin war spending is unaffordable
Finance Ministry officials have grown increasingly concerned about the state of Russia’s economy and state budget in recent months.
U.S. Secretary of Defense Pete Hegseth speaks with Defense Minister Shinjiro Koizumi as they arrive for a ministerial roundtable during the Shangri-La Dialogue security summit in Singapore on Saturday.
JAPAN
May 30, 2026
U.S. and Japan defense chiefs agree to accelerate missile coproduction
A key focus of the meeting was a Japanese proposal known as “Operation Supercharge,” designed to accelerate joint development and mass production of advanced missile systems.
Kazuhiko Shigetoku, Lower House parliamentary affairs chief of the Centrist Reform Alliance (center, left), and Yoshitaka Saito, Upper House parliamentary affairs chief of the Constitutional Democratic Party of Japan (center, right), meet in parliament on Thursday.
JAPAN / Politics
May 30, 2026
Japan ruling and opposition parties at odds over extra budget
The budget committees of both the upper and lower chambers will each spend one day deliberating the extra budget for the fiscal year that started in April.
U.S. Secretary of Defense Pete Hegseth speaks at the Shangri-La Dialogue security summit in Singapore on Saturday.
JAPAN
May 30, 2026
Hegseth says U.S. has ‘high expectations‘ for Japan on defense spending
U.S. Defense Secretary Pete Hegseth has delivered a veiled warning to Tokyo, saying that while Japan was “headed in the right direction,” more must be done.
Finance Minister Satsuki Katayama
BUSINESS
May 27, 2026
Government to submit draft extra budget for fiscal 2026 on June 3
Totaling over ¥3 trillion, the draft extra budget is aimed at increasing reserve funds in light of Middle East tensions.
Prime Minister Sanae Takaichi in parliament on May 20
BUSINESS
May 25, 2026
Takaichi unveils $19 billion extra budget while vowing no extra borrowing
The supplementary ‌budget marks a reversal from Takaichi’s previous remarks ruling out ​the need for extra spending.
Prime Minister Sanae Takaichi attends a meeting of the Council on Economic and Fiscal Policy on Friday at the Prime Minister's Office in Tokyo.
BUSINESS
May 23, 2026
Takaichi considering new quota for growth investment
The plan would cover 17 growth areas, including artificial intelligence and semiconductors, to support long-term corporate investments.
Prime Minister Sanae Takaichi speaks during an Upper House budget committee meeting on May 11.
JAPAN / Politics
May 18, 2026
Takaichi calls for extra budget amid Middle East shock
The planned supplementary budget is expected to function as an emergency relief measure rather than a broad economic stimulus program.
Yuichiro Tamaki, leader of the Democratic Party for the People, speaks to reporters last week.
JAPAN / Politics
May 17, 2026
Japan opposition to grill PM on extra budget in leaders’ debate
Opposition parties are set to grill Prime Minister Sanae Takaichi during a party leaders' debate on Wednesday over her delay in preparing an extra budget to combat rising oil prices and inflation.
Finance Minister Satsuki Katayama said an extra budget is not yet necessary, after long-term Japanese government bond yields hit multi-decade highs amid spillover concerns from a spike in U.S. inflation.
BUSINESS / Economy
May 15, 2026
Satsuki Katayama denies need for extra budget as yields rise
The finance minister said that a recent rise in yields on Japanese government bonds is part of a broader global trend.
Yasukazu Hamada (center) speaks at a meeting of the Liberal Democratic Party's Research Commission on Security on Wednesday at the party's headquarters in Tokyo.
JAPAN / Politics
May 14, 2026
Japan’s ruling LDP may consider spending up to 5% of GDP on security
A further increase in security spending is among issues set to be discussed as part of a plan to revise Japan’s three key security-related documents this year.
Han Kuo-yu, the speaker of Taiwan's parliament, announces the approval of a $25 billion special defense spending bill in Taipei on Friday.
ASIA PACIFIC
May 9, 2026
After months of wrangling, Taiwan lawmakers OK $25 billion defense spending bill
The spending, which opposition lawmakers say will be used for U.S. weapons, falls well short of the government’s proposed budget of nearly $40 billion.
Uruguay federation reportedly cancels charter flight after World Cup exit
Uruguay's Jose Maria Gimenez reacts after the team's loss against Spain at the 2026 FIFA World Cup on Friday.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
India’s gig workers pay the price for exposure to New Delhi’s hazardous air
Rohit Kushwaha waits for a customer as he delivers his last parcel of the day, in New Delhi in January. His work as a delivery driver has helped pay the family’s bills, but has had a significant impact on his health.
Chinese and Russian bombers and fighter jets stage joint patrol near Japan
A Chinese Air Force H-6 bomber is seen during a joint patrol with Russian military aircraft on Saturday.
U.S. missile moves in Japan send China clear message: A new era has arrived
Soldiers conduct the first Typhon midrange capability live-fire exercise outside of the continental United States, firing an SM-6 missile in July last year in Australia's Northern Territory during Exercise Talisman Sabre.
Japan’s fertility system offers few safe paths for same-sex couples
A Tokyo Pride parade participant holds a sign that says "we want to be a married couple, not a couple."
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
A French ship with close ties to Japan combines arts and sciences on the high seas
Romain Troublé, the executive director of Tara Ocean Foundation, speaks to visitors aboard the Tara during a rare port call in Tokyo in April.
In Kyushu’s far south, Senti.U sparks a culinary destination
Chef Yasuhiko Uchida was born in Saga Prefecture but has made his home in Kanoya, Kagoshima Prefecture, since 2012.
‘The colors speak for themselves’: How Japan’s chroma bible went global
“A Dictionary of Color Combinations” is meant to function as a quick-reference guide for artists, designers and anyone with a passing interest in aesthetics as a quantifiable pursuit.

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