News

Prime Minister Ishiba urged G7 leaders to avoid sending the wrong message to Russia during peace negotiations, emphasizing the need for a unified approach to achieve a just and lasting peace in Ukraine. He also condemned Russia's military cooperation with North Korea and expressed support for Japan's continued role in the conflict.

Japan has deported at least 17 foreigners who applied for refugee status since stricter provisions took effect in June 2024. The revised law allows for the deportation of foreigners whose refugee applications have been rejected twice, sparking criticism that it forces asylum seekers back to their homelands where they could face persecution.

Sumitomo Mitsui Financial Group Inc. (SMFG), a major Japanese financial institution, has withdrawn from the Net-Zero Banking Alliance, citing concerns about potential antitrust violations and the return of climate change skepticism under the second Trump administration. Despite the withdrawal, SMFG maintains its commitment to climate action.

Prime Minister Shigeru Ishiba called for unity within the LDP to win two key elections this summer, acknowledging the public's distrust of politics and outlining plans to address wage hikes, work-style reforms, and strengthening the alliance with the United States. The LDP faces an uphill battle to restore its strength after losing its Lower House majority in the October election.

Opposition parties in Japan are increasing pressure on the ruling LDP to explain the unreported political funds within the party's largest faction, once led by former Prime Minister Shinzo Abe. They are demanding further investigation into the matter, including the identity of the executive who instructed the resumption of the practice and the purpose and use of the excess funds.