Japan’s Prime Minister Sanae Takaichi has unveiled a massive ¥21.3tn ($135.4bn) stimulus package designed to spur economic growth and shield households from the rising cost of living.

Japan’s inflation rate rose in October, official data showed Friday ahead of the expected announcement of a major stimulus package by Prime Minister Sanae Takaichi’s government.

TOKYO] Japan’s inflation rate rose in October, official data showed on Friday (Nov 21), ahead of the expected announcement of a major stimulus package by Prime Minister Sanae Takaichi’s government. Read more at The Business Times.

Japanese Prime Minister Sanae Takaichi faces mounting pressure to soften her stance on Bank of Japan policy and unveil an economic package with a credible funding plan as the yen and government bonds lose ground ahead of her meeting with BOJ Governor Kazuo Ueda.

The Japanese government is set Friday to finalize a massive economic package worth around 21.3 trillion yen ($135 billion) to tackle

The prime minister's straight talk appears well received by the public, but other aspects of the way she works have caused a stir in other circles.

Japan's parliament elected Sanae Takaichi as the country's first female prime minister Tuesday, after her party struck a coalition deal expected to pull her governing bloc further to the right.

Japan’s longer-maturity sovereign bonds tumbled further Tuesday as investor worries deepened that a big economic package from Prime Minister Sanae Takaichi would damage the nation’s public finances.

Japan’s diplomatic rift with China has expanded into a sweeping economic and cultural freeze with Beijing halting Japanese seafood imports, suspending film releases, warning citizens against travel to Japan & signalling broader retaliation unless Tokyo retracts PM Sanae Takaichi’s recent remarks on Taiwan.