Mortgage loans specifically designed for couples are on the rise, amid soaring prices for newly built condominiums in the Tokyo metropolitan area and an increase in dual-income households, a recent study has found. “Pair loans,” two separate loans to cover the cost of purchasing a property, have proven particularly popular among younger couples as they
Japan’s main opposition party submitted a no-confidence motion against Prime Minister Fumio Kishida’s Cabinet on Thursday in response to the enactment of a revised political funds control law which has been criticized for failing to improve financial transparency in politics. The Constitutional Democratic Party of Japan submitted the motion which is expected to be supported
Japan’s House of Representatives on Thursday cleared a bill proposed by the ruling Liberal Democratic Party to reform rules on political funds, ending weeks of fraught inter-party negotiations for Prime Minister Fumio Kishida. The bill to revise the political funds control law is expected to be enacted during the ongoing parliamentary session through June 23,
Japan’s ruling Liberal Democratic Party submitted its own bill to amend the political funds control law to parliament on Friday, after its junior coalition partner rejected its proposals to strengthen rules related to money in politics. The Komeito party and the opposition camp have expressed doubt about whether the bill would do enough to enhance
Japanese Finance Minister Shunichi Suzuki on Friday stressed the need for foreign exchange rates to move stably by reflecting economic fundamentals, saying that excessive fluctuations should be rectified. Speaking at a press conference during his visit to Georgia, Suzuki declined to comment on whether Japan intervened in the currency market when the yen spiked in