Takaichi Sidesteps Endorsement of Consumption Tax Cut in Party Leaders’ Debate Prime Minister Sanae Takaichi did not endorse a proposed consumption tax cut during the July 15 party leaders’ debate, …
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Business
China tests experimental at-sea rocket recovery system to cut space costs
by Sato Asahiby Sato AsahiChina rocket recovery test succeeds with net-like system off Hainan on July 10, 2026 China rocket recovery test succeeds off Hainan on July 10, 2026, using a net-like system to …
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Business
Itochu and Daikin launch aluminum recycling venture to cut Middle East dependence
by Sato Asahiby Sato AsahiItochu and Daikin to Launch Aluminum Recycling Venture to Reduce Japan’s Middle East Dependence Itochu and Daikin will recover aluminum from used commercial air conditioners in a new recycling venture, …
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Politics
Separate soccer socks become mainstream as pros once cut long socks
by Sui Yuitoby Sui YuitoSeparate Soccer Socks Gain Traction as Players Abandon Cutting Long Team Socks Separate soccer socks are rising from grassroots to the World Cup, as players and retailers say two-piece calf …
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Politics
Prime Minister Takaichi declares food tax cut will revert after two years
by Sui Yuitoby Sui YuitoTakaichi Says Food Consumption Tax Cut Will Be Reversed Two Years After Implementation On June 22, Prime Minister Sanae Takaichi told the Diet the proposed food consumption tax cut is …
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Politics
Tokyo Governor Yuriko Koike Restores Full Salary After Decade-Long Cut
by Sui Yuitoby Sui YuitoYuriko Koike to End Decade-Long Salary Halving for Tokyo Governor Tokyo Governor Yuriko Koike will end her decade-long salary halving on July 31, 2026, restoring pay to pre-cut levels and …
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Japan’s LDP Proposes Two‑Year Cut to Food Consumption Tax to 1% LDP chair Itsunori Onodera proposed lowering Japan’s food consumption tax to 1% for two years from April 2027, with …
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China Crude Oil Imports Drop 29% in May as Refineries Cut Runs China crude oil imports fell 29% in May to an eight-year low as refiners scaled back processing amid …
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Politics
Japan Shifts Consumption Tax Cut for Food From Zero to One Percent
by Sui Yuitoby Sui YuitoGovernment pivots to 1% consumption tax cut on food to speed rollout Japan’s government has shifted course to a 1% consumption tax cut on food, citing register upgrades and speed …
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Business
Japan-backed economic corridor cut off by Thailand-Cambodia standoff, raising automaker costs
by Sato Asahiby Sato AsahiJapan-backed economic corridor remains severed a year after Thailand–Cambodia clashes One year after the outbreak of a border conflict between Thailand and Cambodia, the Japan-backed economic corridor linking the two …