Prime Minister Shinzo Abe’s drive to revise Japan’s pacifist constitution for the first time risks alienating voters who support his economic agenda and dividing his coalition government before July elections.
Softbank Corp. President Masayoshi Son is betting $20 billion he can add value by buying control of Sprint Nextel Corp. in the biggest Japanese purchase of a foreign company. There’s 26 trillion yen ($330 billion) that says he can’t.
Yoshihiko Noda becomes Japan’s sixth leader in five years, seeking a consensus to raise taxes to pay for rebuilding from the March earthquake and nuclear disaster and reduce the world’s largest debt. He’s unlikely to get it.
Japanese Prime Minister Yoshihiko Noda’s biggest step yet toward winning a sales tax increase aimed at reining in the nation’s public debt came at the cost of alienating one-fifth of his party’s lower house lawmakers.
Japanese Prime Minister Yoshihiko Noda’s proposal to raise taxes to rebuild from the March earthquake is opposed by almost six in 10 voters, underscoring the challenge of getting opposition support for the measure.
Japanese Prime Minister Naoto Kan sparked a succession race after announcing his resignation, undone by a backlash over his handling of the March earthquake and tsunami that spawned the nation’s deepest postwar crisis.