Japan

Japan’s Takaichi pledges deeper energy cooperation with Vietnam | Energy News

Takaichi signs six agreements with Vietnam, including on technology, agriculture and space, during a trip to Hanoi.

Japan’s Prime Minister Sanae Takaichi says the country will boost ties with Vietnam, with a focus on energy and critical minerals.

Takaichi met her Vietnamese counterpart, Le Minh Hung, on Saturday in Hanoi, where they signed six agreements on issues ranging from infrastructure to agriculture to space cooperation.

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“The two sides identified economic security as a new priority area for bilateral ‌cooperation,” Takaichi told reporters after the meeting.

“With regard to critical minerals … both sides agreed to strengthen close coordination to ensure stable supplies and reinforce supply chains,” she added.

Hung said the two leaders also “reaffirmed the importance of resolving disputes in the South China Sea through peaceful means based on international law”.

Japan and Vietnam share concerns about China’s territorial claims in the East and South China Seas, and both have sought to hedge against United States-driven trade disruptions by broadening economic and security ties.

Crude oil supplies

The push for deeper cooperation between the two states comes after ⁠new investment in Vietnam from Japan, one of its largest foreign investors, fell about 75 percent year-on-year to $233m in the first quarter, even as bilateral trade rose 12.3 percent to $13.7bn over the same ⁠period, according to Vietnamese government and customs data.

Vietnam ⁠has been seeking support from Japan and other countries ⁠for oil supplies as conflict in the Middle East drives prices higher and disrupts supply chains.

Under the $10bn Power Asia Initiative to support Asian countries’ energy self-reliance, Japan will assist in arranging crude oil supplies ⁠for Vietnam’s Nghi Son Refinery and Petrochemical Complex, Hung said.

Takaichi was also set to meet President To Lam, who is also the general secretary of the Communist Party of Vietnam, on Saturday afternoon and deliver ⁠a keynote speech at Vietnam National University, marking a decade since former Prime Minister Shinzo Abe introduced Japan’s “Free and Open Indo-Pacific” strategy.

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World’s biggest lake borders five countries and is the size of Japan

It’s so big that it crosses two different continents

The world’s biggest lake is so large that it is the same size as Japan. There are more than 304 million lakes worldwide, filled with slowly moving or standing water.

Many of the largest in the world can even be classed as inland seas. However, the lakes are still landlocked and connected to the oceans via rivers or narrow channels.

The Caspian Sea is the largest lake in the world, with a surface area of 386,400 sq km (149,200 sq mi). It sits across both Europe and Asia.

The huge lake is bordered by Kazakhstan, Russia, Azerbaijan, Iran and Turkmenistan. Its surface is about 27 metres below sea level.

In comparison, the Caspian Sea is almost five times as large as Lake Superior, which lies on the border of Canada and the US and covers 82,000 sq km (31,660 sq mi).

The Caspian Sea is so large that it accounts for up to 44% of the world’s lake waters.

The Caspian Sea is believed to be around 30 million years old and became landlocked about 5.5 million years ago. Europe’s longest river, the Volga, flows into the Caspian Sea and is the main freshwater source.

Due to this flow, the Caspian Sea’s water is almost fresh. Over 130 rivers go into the Caspian Sea, including the Ural River and the Kura River.

There are several small islands in the lake, with most of them in the North. Some islands are near the coasts, but none are found in the deeper parts.

Baku, the capital of Azerbaijan, is the largest city by the Caspian Sea, with others also including Astara in Iran, Atyrau in Kazakhstan and Derbent in Russia.

The lake is home to a wide range of species, and it is particularly known for its caviar and oil.

Sadly, pollution from the oil industry and dams on rivers that drain into the lake have harmed its ecosystem.

Due to global warming, it has been reported that the depth of the sea will decrease by nine to 18 meters.

About 850 animal and more than 500 plant species live in the Caspian, many of which are endemic. Six critically endangered species of sturgeon live in its waters, as well as the unique Caspian seal and beluga.

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China warns Japan over Indo-Pacific strategy

Chinese Foreign Ministry spokesperson Lin Jian speaks at a press conference in Beijing, China. File. Photo by JESSICA LEE / EPA

April 29 (Asia Today) — China expressed opposition Wednesday to Japanese Prime Minister Sanae Takaichi’s “free and open Indo-Pacific” initiative, calling it an attempt to promote bloc confrontation.

Chinese Foreign Ministry spokesman Lin Jian made the remarks at a regular briefing in response to reports that Takaichi may present a revised Indo-Pacific strategy during a visit to Vietnam this weekend.

“Exchanges between countries should not target a third party or harm the interests of a third party,” Lin said. “Japan uses the slogan of being ‘free and open,’ but in reality it is stirring up confrontation between camps and creating a small, exclusive group.”

Lin said such actions run counter to the shared desire of regional countries and the international community for peace, development and cooperation.

“They will be difficult to win support,” he said.

According to Japan’s Foreign Ministry, Takaichi is scheduled to visit Hanoi on Friday and meet with To Lam, general secretary of the Communist Party of Vietnam, and Prime Minister Le Minh Hung.

Diplomatic sources in Beijing said the talks are expected to focus on strengthening the two countries’ comprehensive strategic partnership, including in economic security fields such as energy, critical minerals and science and technology.

Takaichi is also expected to deliver a speech outlining Japan’s foreign policy direction, including its Indo-Pacific strategy, around the time of the meetings.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260429010009593

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Wednesday 29 April Showa Day in Japan

The Showa Era is the longest and most dramatic reign of an emperor in Japan’s history. Emperor Showa was the longest-living emperor. He died at age 87 after reigning for 63 years. In fact, the Showa Era literally covers some of modern Japan’s brightest and darkest hours. After his death in 1989, he was renamed Emperor Showa.

Traditionally the Emperor’s birthday was a national holiday, and after the death of Emperor Hirohito in January 1989, April 29th was subsequently no longer celebrated as The Emperor’s Birthday but instead as Greenery Day, part of Japan’s Golden Week.

After many attempts since 2000, Greenery Day finally won approval to be renamed Shōwa Day in May 2005, and the decision to move the date of Greenery Day from April 29th to May 4th was taken.

The official purpose of the holiday is to reflect on Japan’s Showa period when the nation recovered after the turbulent times and to think about the country’s future.

Japan: Passive Anchor Turned Capital Powerhouse

Japan reemerges as global finance hub amid reforms, rising yields.

Japan is reasserting itself in global finance, shedding its long-standing image as a passive anchor of ultra-low rates. Nowadays, it’s moving back toward the center of international capital flows.

Three reinforcing dynamics are driving this transition: monetary normalization, sustained corporate governance reform and a renewed wave of foreign investor interest.

The gradual end of negative yields marks a structural turning point. As the gap between Japanese and US interest rates narrows, yields on long-term Japanese Government Bonds (JGBs) are rising. This is prompting a recalibration of global asset allocation strategies. This evolution is occurring alongside a broader regional reassessment, as geopolitical uncertainty encourages investors to rebalance exposure across Asia.

At the same time, reforms led by the Tokyo Stock Exchange are reshaping corporate behavior. A stronger emphasis on capital efficiency, shareholder returns and transparency has supported equity market performance and attracted nonresident inflows. Analysts expect fiscal support and a moderately reflationary environment to underpin earnings growth through 2026.

An On-The-Ground View

“The reforms have certainly been successful, but Japan’s political stability and robust regulations are also drawing attention to Tokyo,” says Tokio Morita, Executive Director of FinCity.Tokyo.

Morita notes growing interest in programs that help asset managers and fintech firms establish local operations, as well as initiatives that have supported around 15 foreign entrants and improved global communications between more than 60 Japanese firms and overseas investors.

This renewed momentum comes amid a fragile global backdrop. Total global debt reached $348 trillion in 2025. Yet, Japan’s debt-to-GDP ratio has edged down modestly relative to peers, even as headline public debt remains elevated. Emerging markets, by contrast, face more than $9 trillion in refinancing needs in 2026. This reinforces Japan’s role as a comparatively stable capital provider. As major central banks, including the Fed and the ECB, move deeper into easing cycles, Japan’s more differentiated policy path underscores its re-emergence as an independent force.

Tokyo is once again positioning itself as a market global investors cannot afford to overlook.

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Nations Championship 2026: Japan v Ireland to take place at McDonald Jones Stadium

Ireland’s Nations Championship fixture against Japan will take place at McDonald Jones Stadium in Newcastle, Australia on 11 July (11:00 BST).

Andy Farrell’s side open the inaugural tournament against Australia in Sydney on 4 July and will face the Brave Blossoms before travelling to New Zealand to take on the All Blacks at Auckland’s Eden Park on 18 July.

Ireland have won 10 out of 11 Tests with Japan, the sole defeat coming at the 2019 Rugby World Cup at Shizuoka Stadium. Ireland won the last meeting 41-10 in Dublin last November.

After July’s fixtures, Ireland will host Argentina, Fiji and South Africa in November at Aviva Stadium.

The biennial 12-team Nations Championship comprises six rounds of matches across the summer and autumn Test windows before a ‘finals weekend’ on 27-29 November at Twickenham’s Allianz Stadium.

After each team has played the other six from the opposing hemisphere once, they are ranked within their own hemisphere.

The finals weekend in London will start with the sixth-placed northern hemisphere side taking on their southern hemisphere equivalent, and culminate in the two group winners taking each other on for the title.

The results on the finals weekend will also contribute to a north v south overall score and title.

Ireland’s fixtures (times BST)

4 July

Australia v Ireland, Allianz Stadium, 11:00

11 July

Japan v Ireland, McDonald Jones Stadium, 11:00

18 July

New Zealand v Ireland, 08:10

6 November

Ireland v Argentina, Aviva Stadium

14 November

Ireland v Fiji, Aviva Stadium

21 November

Ireland v South Africa, Aviva Stadium

Finals weekend

27 November

Sixth-place North v Sixth-place South

Third-place North v Third-place South

28 November

Fifth-place North v Fifth-place South

Second-place North v Second-place South

29 November

Fourth-place North v Fourth-place South

First-place North v First-place South

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Japan lifts ban on lethal weapons exports in major shift of pacifist policy | Weapons News

Japan could soon sell weapons overseas, including fighter jets, in major shift from pacifist policies introduced after World War II.

The cabinet of Japanese Prime Minister Sanae Takaichi has lifted a ban on exporting lethal weapons, including fighter jets, in a major shift to Japan’s pacifist post-World War II constitution.

In a post on X announcing the changes on Tuesday, Takaichi did not specify which weapons Japan would now sell overseas. However, Japanese newspapers said the changes would encompass fighter jets, missiles and warships, which Japan has recently agreed to build for Australia.

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“With this amendment, transfers of all defence equipment will in principle become possible,” Takaichi said, adding that “recipients will be limited to countries that commit to use in accordance with the UN Charter”.

“In an increasingly severe security environment, no single country can now protect its own peace and security alone.”

At least 17 countries will be eligible to buy weapons manufactured in Japan under the changes, Japan’s Chunichi newspaper reported, adding that this list may be expanded if more countries enter into bilateral agreements with Japan.

 

Previous rules, introduced in 1967 and enacted in 1976, had limited Japanese military exports to non-lethal arms, such as those used for surveillance and mine sweeping, Japan’s Asahi newspaper reported.

Asahi also reported that Japan will still restrict exporting weapons to countries where fighting is currently taking place, but exemptions are allowed under “special circumstances” where Japan’s national security needs are taken into account.

Countries interested in buying Japanese-made weapons include Australia, New Zealand, the Philippines and Indonesia, which recently signed a major defence pact with the United States, Chunichi reported, citing Japan’s Ministry of Defence.

Tokyo’s change in policy comes soon after Japan and Australia signed a $7bn deal that will see Japan’s Mitsubishi Heavy Industries build the first three of 11 warships for the Australian navy.

Takaichi sends offering to controversial war shrine

The changes announced by Takaichi on Tuesday come amid reports that the Japanese prime minister had sent a ritual offering to the notorious Yasukuni Shrine in Tokyo on the occasion of its spring festival.

Built in the 1800s to honour Japan’s war dead, the shrine includes the names of more than 1,000 convicted Japanese war criminals from World War II, including 14 who were found guilty of “Class A” crimes.

Visits by Japanese officials to the shrine have long been considered insensitive to the people of China, South Korea, and other countries that Japanese soldiers brutalised during the war.

After the defeat of Axis countries, including the bombing of Japan’s Hiroshima and Nagasaki at the end of World War II, Japan introduced a new constitution renouncing participation in war.

However, Takaichi, considered a China “hawk” and sometimes referred to as Japan’s “Iron Lady”, is among a number of recent Japanese leaders to have pushed back against the country’s pacifist stance.

TOKYO, JAPAN - AUGUST 15: People visit the Yasukuni Shrine on August 15, 2025 in Tokyo, Japan. Japan marked the 80th anniversary of its surrender in World War II today. (Photo by Tomohiro Ohsumi/Getty Images)
Nationalists visit the Yasukuni Shrine in 2025 in Tokyo, Japan [Tomohiro Ohsumi/Getty Images]

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Australia and Japan sign contracts for $7bn warships deal | Military News

Defence deal is latest example of deepening ties between Canberra and Tokyo amid shared concerns over China’s rise.

Australia and Japan have signed contracts for the first three of 11 warships set to be delivered to the Australian navy under a landmark $7bn defence deal, as the two close US allies in the Asia Pacific region deepen defence cooperation.

Australia’s Defence Minister Richard Marles and Japanese Defence Minister Koizumi Shinjiro made the announcement in Melbourne on Saturday at the signing ceremony for the Mogami-class warships.

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The “Mogami Memorandum” pledges to deepen military ties, including through “closer industrial cooperation” in defence.

Japan’s Mitsubishi Heavy Industries will build three of the stealth frigates in southern Nagasaki Prefecture, while Australia’s Austal will build eight in Western Australia.

The first of the Japanese-built warships is scheduled to be delivered in 2029 and enter service in 2030.

“Our surface fleet is more important than at any time in decades,” Marles said in a statement.

“These general-purpose frigates will help secure our maritime trade routes and northern approaches as part of a larger and more lethal surface combatant fleet.”

Shinjiro said closer defence coordination was becoming more important as Australia and Japan faced an “increasingly severe security environment”.

Australia’s government last year announced that it had chosen Mitsubishi Heavy Industries to build its fleet of next-generation warships, following a bidding war between the Tokyo-based firm and Germany’s Thyssenkrupp.

Australia has committed to a record $305bn in military spending over the next decade, as part of a widespread defence overhaul aimed at boosting the country’s naval power to levels not seen since World War II.

Under the plans, Canberra’s defence spending is set to rise to 3 percent of gross domestic product (GDP) by 3033, from about 2 percent now.

Australia and Japan, two of the United States’ closest allies, have ramped up military cooperation in recent years amid shared concerns about shifts in the regional security environment, particularly China’s rising influence. Tokyo and Canberra are also members of the Quad security bloc led by the US.

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Popular countries like Spain and Italy will ‘pay Brits thousands’ to move abroad

Destinations loved by Brits are actually paying people to move there. If you fancy a life in the sun, you could make some extra cash while topping up your tan in Spain or Italy

Many people may dream of moving abroad, but you might not realise that some countries will actually pay you to do so. If you fancy living in the glorious sunshine, and making some money in the process, you could actually embark on the travel adventure of a lifetime by packing your bags for good.

Countries like Spain, Italy and Greece will actually pay Brits “thousands” to relocate and start a new life abroad. If you’re fed up of the weather, fancy starting a fresh chapter or simply want to move to somewhere totally different, it may be something worth considering to liven things up.

Schemes people can use were recently highlighted on TikTok by History On A Map to tell people what they need to know. It’s incredible to think you can be paid to relocate to these beautiful countries.

Italy

Italy is one country that pays people to relocate. If you fancy tucking into pasta, enjoying gorgeous wine and immersing yourself in history a little more, you can actually be paid to move here. It explained: “Regions like Calabria, Molise and Sardinia are suffering from massive depopulation.

“To revive these ghost towns, the local governments are offering between €10,000 (£8,705.50) to €30,000 (£26,116.50) to people under 40 who are willing to settle there.”

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It turns out Italian regions such as Calabria, Molise and Sardinia offer financial incentives to boost declining populations in rural areas. There are reported to be schemes that offer up to €30,000 to people willing to move to towns with fewer than 2,000 to 3,000 residents.

Usually, to benefit from the scheme, applicants need to be under 40, start a business or renovate a home. There are some guidelines people need to follow to be able to benefit.

Spain

Again, towns in rural areas are looking for people to move there, such as Ponga in Asturias. The video detailed: “As part of the empty Spain initiative, the town of Ponga is offering €3,100 per person just to move there.”

According to reports, this figure is actually claimed to be between €2,971 and €3,000 per person (often reported as roughly £2,600) to new residents. However, there are additional incentives for couples and families to boost its dwindling population.

If you fancy taking the leap, the scheme requires a five-year commitment to live in the area. In other words, you need to be sure before you apply to move.

Greece

You can also move to the tiny island of Antikythera in Greece. It’s said people can be paid up to €500 per month for the first three years.

The relocation package aims to repopulate the area, providing new residents with a house, a plot of land and the monthly payments. The initiative primarily targets families and skilled professionals such as bakers, builders and farmers to support the local community.

Other options

The video also highlights that people can be paid to move to Japan. The amounts people can be paid differ, as every scheme has its own set of guidelines, and may not be as much as detailed in the video.

While people can’t be paid for simply moving to Ireland, grants are available for people who move to renovate properties on its remote offshore islands. There are all sorts of schemes people can benefit from, but it’s not as easy as packing your bags.

There are rules people need to follow to benefit, and they vary depending on where you want to apply to move. Do your research to find out more.

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Japan to create control system for defense exports

An F-2 fighter jet flies during a live fire exercise conducted by the Japan Ground Self-Defense Force (JGSDF) at East Fuji Maneuver Area in Gotemba, Shizuoka, Japan. Photo by Tomohiro Ohsumi / EPA

April 17 (Asia Today) — Japan is moving to strengthen a government-wide system to boost defense exports, including creating a centralized control structure and easing restrictions on what military equipment can be sold overseas, according to media reports.

The government plans to establish a director-general-level coordination body involving key ministries to oversee arms export policy and execution, the Asahi Shimbun reported Thursday.

Tokyo is also considering revising guidelines tied to its Three Principles on Defense Equipment Transfers to remove restrictions on five categories – rescue, transport, patrol, surveillance and mine countermeasures – that have limited exports so far.

According to Reuters, the government could move as early as this month to revise the guidelines, with the ruling Liberal Democratic Party already approving the direction at a party meeting Sunday.

The policy shift reflects a broader strategy with two main goals: expanding the range of weapons Japan can export and overhauling how those exports are managed.

Japan has effectively limited defense exports to non-lethal equipment in the past but is now moving to include systems with lethal capabilities. At the same time, the new coordination body would bring together the foreign, defense and industry ministries, along with private companies, to align export approvals, regulatory changes and sales support.

Prime Minister Sanae Takaichi said in parliament that easing arms export restrictions would contribute to economic growth, signaling a shift toward treating defense exports as part of industrial policy rather than solely a security measure.

Japanese officials have argued that expanding exports is necessary to sustain the domestic defense industry, maintain production capacity and secure supply chains that are difficult to support through domestic demand alone.

Analysts say the move goes beyond regulatory changes and represents a broader effort to build a national system designed to facilitate arms sales.

If implemented, the revisions would significantly lower barriers to exporting finished weapons, marking a major shift from Japan’s traditionally restrictive defense export framework.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260417010005454

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Top admirals of S. Korea, U.S., Japan discuss trilateral cooperation in Seoul

South Korean Chief of Naval Operations Adm. Kim Kyung-ryul (L) and U.S. Pacific Fleet Commander Adm. Stephen Koehler (R) hold talks in Seoul on Wednesday. The two were also set to meet with Japan’s top naval commander for trilateral talks on strengthening maritime cooperation. Photo courtesy of South Korea Navy

Top naval commanders of South Korea, the United States and Japan gathered in Seoul on Wednesday to hold a series of talks aimed at strengthening their trilateral maritime security cooperation, the South’s Navy said.

The gathering brought together Chief of Naval Operations Adm. Kim Kyung-ryul, U.S. Pacific Fleet Commander Adm. Stephen Koehler and Adm. Akira Saito, chief of staff of the Japan Maritime Self-Defense Force, for bilateral talks and a trilateral dinner meeting, according to the armed service.

The meetings came amid heightened tensions in the Middle East, raising speculation over whether their talks would address the ongoing U.S. blockade of Iranian ports.

U.S. President Donald Trump earlier called on South Korea, Japan and others to send warships to the Strait of Hormuz to help secure shipping lanes.

In the bilateral talks between Kim and Koehler held earlier in the day, both sides exchanged opinions on the robust South Korea-U.S. combined defense posture as well as cooperation in the area of naval maintenance, repair and operations, the Navy said.

Kim and Saito, meanwhile, held in-depth discussions on expanding personnel exchange and resuming joint maritime search and rescue exercises (SAREX) as discussed in a ministerial meeting between their defense chiefs earlier this year, it added.

In January, Defense Minister Ahn Gyu-back and his Japanese counterpart, Shinjiro Koizumi, met in Japan and agreed to resume joint SAREX drills for the first time in nine years as part of efforts to strengthen bilateral defense cooperation.

The top admirals of the three countries were set to attend a dinner meeting later Wednesday to likely discuss trilateral coordination measures to respond to and deter North Korea‘s advancing nuclear and missile threats.

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