Business confidence among Japan’s big manufacturers improves

Japanese business confidence improves for the first time in seven quarters, driven by recovery in the auto sector and service industry.

Japan-backed fund offers US$6.2 bln to buy chip firm Japan Synthetic Rubber Co.

Japan’s government-backed fund, Japan Investment Corporation (JIC), has offered to acquire JSR Corp., a crucial semiconductor manufacturer, for $6.2 billion. JSR’s board is in favor of the deal, which aims to reform the semiconductor materials industry and enhance biopharmaceutical capabilities. The acquisition comes as countries worldwide seek to stabilize chip supply chains amidst disruptions and geopolitical tensions.

Japan raises age of consent from 13 to 16 years old

Japan raised its age of consent from 13 to 16, passing reforms to sex crime legislation that also address rape prosecution requirements and criminalize voyeurism.

Bank of Japan sticks to ultra-loose monetary policy

The Bank of Japan will maintain its loose monetary policy to boost economic growth, contrasting with global peers who are raising interest rates. The yen weakened against the dollar in response.

Japan lawmakers advance controversial LGBTQ bill

Japan’s lower house approved a bill opposing “unjust discrimination” against sexual minorities, but activists criticized its watered-down language. The bill, expected to become law, faces disappointment for not meeting expectations of LGBTQ advocates. Despite public support for same-sex marriage, Japan’s legal framework lags behind, leading to divided court rulings.

Petition found in box that stopped Abe murder hearing: Japanese media

A suspicious package caused the cancellation of a court hearing for the man accused of murdering former Japanese prime minister Shinzo Abe. The package, which triggered a security alert, was later found to contain a petition seeking a lenient sentence for the accused. The suspect allegedly targeted Abe due to his ties to the Unification Church.

Hearing for Abe murder suspect cancelled over suspicious object: Japan media

A pre-trial hearing for the accused killer of former Japanese Prime Minister Shinzo Abe was canceled due to a suspicious object delivered to the court. The object, described as an unidentified bag, prompted the evacuation of the Nara District Court. The accused, Tetsuya Yamagami, faces murder charges and potential execution if convicted. The assassination of Abe in July the previous year has drawn attention to security shortcomings in Japan.

Japan revises law to ease deportation of failed asylum seekers

Japan passed a controversial immigration law allowing the deportation of failed asylum seekers after three rejections. Critics argue that the new law violates human rights and puts lives at risk. Japan’s low acceptance rate for refugees and scrutiny of immigration detention conditions have been subjects of criticism in recent years. Activists and opposition parties staged protests against the revised law, but the ruling coalition voted it down. The government claims the changes will improve access to medical care and accommodation options for pending asylum seekers. Amnesty International has called for the revision to be scrapped, labeling Japan’s detention policies as harsh and repressive.

Japan says North Korea ‘ballistic missile launch’ violates UN resolutions

Japan strongly condemned North Korea’s launch of a “ballistic missile” that violated UN Security Council resolutions. The launch, which North Korea claimed was an attempt to put a satellite in space, raised concerns about the country’s development of intercontinental ballistic missiles. Japan activated its missile alert warning system but reported no damage.

North Korea confirms June launch of military spy satellite: KCNA

North Korea plans to launch a reconnaissance satellite in June to monitor military movements of the United States, according to state media. Japan has been informed about the potential launch but warns it could be a sanctions-defying ballistic missile test. North Korea justifies the launch by citing the need to track and cope with the “dangerous military acts” of the US and its allies. Japan and South Korea condemn the plan, while Japan expresses openness to talks with Pyongyang, which is an unusual stance for North Korea.