The Latest Breaking News from Liberal Democratic Party

A tax panel of Japan's ruling Liberal Democratic Party on Thursday agreed to raise the country's coroporate, income and tobacco taxes to pay for a doubling in the defence budget over the next five years as it confronts rising regional tensions.

Bout, who was released in prisoner exchange, could seek a seat in parliament, and has spoken of ‘pride’ in Putin

Prime Minister Fumio Kishida instructed the Liberal Democratic Party and its ruling coalition partner Komeito on Thursday to consider ways to increase annual tax revenues by about 1 trillion yen by fiscal 2027 to fund a drastic enhancement of the nation's defense capabilities.

Japan's government will not rule out any measures to fund increases in defence spending, the ruling Liberal Democratic Party's policy chief Koichi Hagiuda said on Wednesday, when asked about possible additional debt issuance.

The ruling Liberal Democratic Party and its coalition partner Komeito plan to review guidelines on the conditions for exporting defense equipment to other countries.

Former Japanese premier Taro Aso, now vice president of the ruling Liberal Democratic Party, will travel to South Korea on Wednesday for a potential meeting with President Yoon Suk-yeol, Japan's Sankei newspaper reported on Tuesday.

Prime Minister Fumio Kishida has set several goals to bolster Japan's deterrence capability. One of these goals is to increase the defense budget over the next five years to match the North Atlantic Treaty Organization target of 2% of gross domestic product. Historically, Japan has limited its defense spending to…

Japanese Prime Minister Fumio Kishida’s government is to approve a hefty economic package that will include government funding of about 29 trillion yen ($200 billion) to soften the burden of costs from rising utility rates and food prices

No one could have foreseen that Japanese Prime Minister Fumio Kishida's popularity would nosedive so soon after the Liberal Democratic Party triumphed in July's election to the Upper House of the Japanese Diet. Until recently, Mr Kishida's government received consistently high approval ratings. But the LDP's links to a controversial…