News

Japan's space agency, JAXA, plans to increase the launch frequency of its H3 rocket to at least seven times a year, aiming for monthly launches by 2027. This ambitious goal requires upgrades at the Tanegashima Space Center, including additional liquid oxygen storage tanks and assembly buildings, to enable more frequent and efficient launches.

At least 17 foreigners who applied for refugee status have been deported since stricter provisions took effect last year under the revised Immigration Control and Refugee Recognition Law. The new law allows for deportations of foreigners who have twice had their applications for refugee status rejected.

Defense Ministers of Japan and the United States will attend a memorial service together on Iwo Jima, symbolizing reconciliation and the strength of their alliance 80 years after the end of World War II. The joint attendance signifies the transformation of their relationship from former enemies to steadfast allies, promoting peace and stability in the Indo-Pacific region.

Japan's Prime Minister Shigeru Ishiba defended his country's defense budget against pressure from the US, stating that Japan decides its own budget and prioritizes quality over quantity. This comes after the US nominee for under secretary of defense for policy urged Japan to increase its defense spending to counter China.

Asian shares mostly rose on Tuesday, buoyed by another rally on Wall Street and positive sentiment from Warren Buffett's increased investments in Japanese trading companies. Investors are now looking ahead to key monetary policy decisions from the Bank of Japan and the U.S. Federal Reserve, which could impact market direction in the coming days.