Sanae Takaichi

And the conversation, I think, started there.

And when the Prime Minister, Takaichi, visited India in July and met Prime Minister Modi, they came about with these agreement documents on celebrating the 75th anniversary, which is next year.

And by some miracle, cricket was mentioned and noticing that the Indian team was going to visit Japan this September, it was suggested that a match was organized to celebrate the friendship of the two countries.

So it ties in really nicely with the Asian Games then.

Japan-China ties unraveled after Prime Minister Sonai Takai-chi said in the Diet in November last year that a possible war involving Taiwan could constitute a situation threatening Japan's survival, which would allow Japan to exercise its right to collective self-defense.

Although exchanges between lawmakers from the two countries have remained stalled since Takaichi's remark, Shinichi Issa, a lower house member of the Centrist Reform Alliance, Shudo, visited China in August and met with the deputy chief of the International Department of the Chinese Communist Party.

Bitter lessons from 1989 behind Akihito's wish to downsize funeral When the death of Emperor Hirohito ended the Showa era on January 7, 1989, Japan entered a dark mood of voluntary restraint for an extended period of mourning.

Numerous events were cancelled, and even weddings were postponed.

Now let's turn over our attention to Japan, where the budget request for the next fiscal year has ballooned to a size similar to during the pandemic era.

And this comes on the backdrop of Prime Minister Takaichi's expansionary fiscal agenda, which has pushed government borrowing costs to three-decade highs.

Budget requests from government agencies totalled more than 143 trillion yen or more than $917 billion after the government adopted a budgeting framework that integrates initial and supplementary budget spending.

The increase underscores tensions at the heart of Takaichi's economic agenda.

as a push to invest in strategic sectors has contributed to a rise in borrowing costs and intensifies market attention on the size of the government bond issuance in 2027.

And this is your business report.

That is why a group of politicians like this has emerged.

To put it straight, Sanae Takaichi should have formally apologized to China last year.

But she has not only failed to do so, but instead continued moving in exactly the opposite direction.

I wouldn't call it a defense budget.

I think that's going to play into a very important event next week, which is those buybacks, to see how big they are.

They start on the 9th, don't they? yeah the night um so that's going to be a very big moment potentially big moment for for the bond market conferences as well as far as yen goes a different story because you know we've been waiting for months to see whether we're going to get a turn in the end whether the market's going to start believing what the bank of japan are doing what takaichi is doing um our policy is going to start bearing fruit and i think that the markets almost just woke up to the fact this week in what we've seen in the yen, because we knew pretty much a few weeks ago what we were likely to get from the Bank of Japan, a 25-pip hike, be it September, October, more regular hikes rather than every six months, maybe changes again to their QT programs or whatever.

selling their assets and it's it's like the last few weeks we haven't traded that and then all of a sudden we started trading that so this this move we've seen the last couple of days in the yen um i'm looking to see if it's sustained I will judge that to be sustained if we break 155.

It's an absolute monster level.