Overview
- Japan’s central bank lifted its policy rate to 0.75%, the highest since 1995, with Governor Kazuo Ueda signaling a cautious path that may limit immediate currency effects.
- The ruling coalition approved a 1 percentage point surcharge on income tax starting January 2027 to fund defense, offset initially by a 1 point cut to the reconstruction tax, implying higher burdens over time.
- The Fukuoka High Court ruled Saga police violated a suspect’s right to remain silent and to confidential communications with counsel, ordering ¥440,000 in damages.
- Tokyo prosecutors’ special investigations unit decided not to indict Koichi Hagiuda and four others over allegations tied to the LDP Tokyo federation’s fundraising party.
- A man died after an attack near a Taipei Main Station subway exit involving a smoke device and a stabbing, according to Taiwanese media reports.