AGP Executive Report
Last update: an hour agoFiscal Pressure: Sanae Takaichi’s government is restarting its spending review, targeting ¥7 trillion in special-purpose funds as it seeks money for pledges including a food tax cut. Household spending fell 3.1% in August, its ninth straight year-on-year decline. Business: Japan’s competition watchdog raided the country’s four biggest beer makers over suspected price-fixing, while the investigation points to years of scrutiny of the dominant brewers. Security: Tokyo is weighing language on studying nuclear-powered submarines for its security-policy revisions, a proposal facing domestic opposition. Okinawa remains tense after a U.S. Marine was arrested on suspicion of killing a woman; Japan has pressed Washington for action. Society: Calls are growing to change succession rules so Princess Aiko could become empress, amid a shrinking imperial family and strong public support for a woman on the throne. Science: Japanese chemist Kenso Soai shared the Nobel Prize in Chemistry with France’s Henri Kagan. Tourism: Japan’s visitor-spending boost is weakening as Chinese arrivals plunge.
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