News

Japan sent a Maritime Self-Defense Force destroyer through the Taiwan Strait for the first time in early February, sending a message to China about its growing military presence in the region. The Akizuki destroyer navigated from north to south on a mission authorized by Prime Minister Shigeru Ishiba.

Prime Minister Shigeru Ishiba is facing criticism for giving gift certificates to 15 rookie lawmakers of his Liberal Democratic Party, with opposition leaders demanding he explain his actions before Diet ethics committees. The controversy has further damaged the image of the LDP, which is already embroiled in a scandal over unreported political funds.

Chinese and Korean electric vehicles are making significant inroads in the Japanese market, challenging the dominance of hybrid vehicles and European imports. At the recent Tokyo Auto Salon, BYD and Hyundai showcased their latest EVs, the Sealion 7 and the Inster respectively, signaling their growing presence in the Japanese automotive landscape.

Nearly half of urban high-rise condo buyers intend to sell after prices rise, highlighting their dual purpose as residences and investments. Rising construction costs and strong interest from wealthy households fuel price increases, particularly in central Tokyo and Osaka, where prices resemble an asset-inflated bubble.

Prime Minister Shigeru Ishiba hosted a private dinner for 15 first-time LDP lawmakers, offering advice and sparking controversy with 100,000 yen gift certificates. The dinner served as an opportunity for the new members to connect with the Prime Minister and receive guidance on their roles within the party.