The Bank of Japan left its policy rate steady again, waiting for clarity on the impact of tariffs and a political leadership change in Tokyo.

Tokyo — President Donald Trump treated his time in Japan on Tuesday as a victory lap — befriending the new Japanese prime minister, taking her with him as he spoke to U.S. troops aboard an aircraft carrier and then unveiling several major energy and technology projects in America to be funded by Japan.

By Kantaro Komiya and Tim Kelly TOKYO (Reuters) -Formed in 2010 to shake up Japan's political establishment and loosen Tokyo's administrative stranglehold, the Japan Innovation Party, known as Ishin,

Investors are cautious going into Japan’s 20-year government bond auction on Wednesday as the shock collapse of Japan’s ruling coalition fuels fresh political uncertainty.

The trial of 45-year-old Tetsuya Yamagami began at the Nara District Court, Bloomberg reports, where he admitted to fatally shooting Abe with a homemade gun during an election campaign in July 2022.

Japan is seeking to create a more self-sufficient military as a deterrence against China’s increasingly assertive military activity in the region, and has concentrated on defense buildup on its southwestern islands. Japan also has concerns about the rising tensions caused by North Korea and Russia.

Tetsuya Yamagami is now on trial for the assassination of Shinzo Abe. He says he was motivated by Abe's ties to the Moonies.

European stocks dropped, with France’s CAC 40 sinking 1.5% after the country’s prime minister resigned. Bonds fell and the euro weakened. Stocks in Japan surged and the yen tumbled on the selection of a pro-stimulus leader.

Japan’s first female prime minister, Sanae Takaichi — a Thatcher-inspired conservative with heavy metal tastes and a passion for drumming — meets Donald Trump in her first major diplomatic test.

Despite Prime Minister Takaichi’s immigration stance, some doubt she’ll go far enough to satisfy their demands.