Live Updates > Live Update Details
2025-09-16 13:01:03
Japanese House of Representatives member Takayuki Kobayashi will run for the presidency of the Liberal Democratic Party. If elected, he will introduce an income tax reform plan and tighten restrictions on foreigners purchasing land and companies in Japan. Japan is at a crossroads in its growth economy, and monetary policy is the exclusive domain of the Bank of Japan. Monetary policy is determined by the Bank of Japan, but if Japan enters a growth phase, policy changes are expected.
