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Latest Democratic Party of Japan Stories

2009-08-31 22:44:30

Japan's newly elected DPJ government may not like U.S.-style market-led reforms, but economists in Japan say more of that may be needed to lift the economy. The Democratic Party of Japan, which won a landslide victory in Sunday's election to the lower house of parliament, and its leader Yukio Hatoyama had campaigned on boosting social welfare and moving away from excessive U.S. style market reforms. However, experts told The New York Times, the country may need more, not less, deregulation...

2009-08-31 14:48:02

The Japanese yen reached a seven-week high against the dollar Monday, as investors reacted to a shift in political power, a market strategist said. If the Democratic Party of Japan's rise to power also heralds a more active reserve management strategy "¦ (the) dollar/yen would come under pressure as the country is one of the world's biggest holders of the dollar debt, Geoffrey Yu at UBS told the Financial Times. The Nikkei 225 average in Tokyo spiked early Monday after Sunday's...

2009-05-28 14:28:56

Ruling and opposition parties in Japan agreed to a record $144 billion supplemental budget that will go to a parliamentary vote. Although the spending measure is likely to lose in the upper house, approval in the House of Representatives will carry the measure, as that vote would trump the vote in the House of Councilors -- the upper house -- Kyodo news reported Thursday. The vote is expected Friday. Also on the agenda for Friday, representatives will vote on establishing a consumer affairs...

2008-10-13 09:00:21

Text of report in English by Japan's largest news agency Kyodo Tokyo, Oct. 13 Kyodo - Ichiro Ozawa, president of the opposition Democratic Party of Japan, was discharged from a Tokyo hospital Monday after a weeklong treatment for complications from a cold, a DPJ official said. Since he was hospitalized Oct. 6, the 66-year-old DPJ chief repeatedly left the hospital for political activities, including attending a Diet session and appearing on a TV programme, and returned at night....

2008-09-30 06:00:19

Text of report in English by Japan's largest news agency Kyodo Tokyo, Sept. 30 Kyodo - Prime Minister Taro Aso on Tuesday instructed Tadamori Oshima, the diet affairs committee chief of the ruling Liberal Democratic Party, to launch parliamentary deliberations on the fiscal 2008 supplementary budget to implement comprehensive economic measures, given the financial turmoil in the wake of the US Congress's rejection of the financial bailout package. The move has stirred expectations among...

2008-09-03 06:00:08

By Martin Fackler Prime Minister Yasuo Fukuda's abrupt resignation, the second by a Japanese head of state in under a year, underscores the chronic leadership vacuum plaguing the world's second-largest economy, even as it teeters into recession. Fukuda's surprise announcement, made Monday night at a hastily called news conference, stunned Japan, coming almost a year after the equally sudden resignation of his predecessor, the rightist Shinzo Abe. After two political misfires in such a...

2008-09-03 00:00:08

By The Associated Press TOKYO (AP) - Japan's chronically unpopular prime minister abruptly resigned Monday after a yearlong struggle with a deadlocked parliament, leaving the weakened ruling party to grapple with a stalled economy and rising calls for snap elections.The resignation of Yasuo Fukuda, 72, deepened a two-year stretch of political instability at the helm of the world's second-largest economy. It came only days after the government announced a stimulus package to counter flagging...

2008-07-14 06:00:18

Text of report in English by Japan's largest news agency Kyodo Tokyo, July 14 Kyodo - The largest opposition Democratic Party of Japan officially decided Monday to hold its presidential election on Sept. 21. The decision was made at its executive board meeting. The focus is now on whether anyone will stand as a rival candidate to the party's incumbent chief, Ichiro Ozawa. Originally published by Kyodo News Service, Tokyo, in English 0728 14 Jul 08. (c) 2008 BBC Monitoring Asia...

2006-04-23 21:24:29

TOKYO (Reuters) - Japan's beleaguered opposition Democratic party got a shot in the arm late on Sunday when its candidate won a closely fought by-election, boosting the fortunes of new party leader Ichiro Ozawa. The election had been viewed as something of a verdict on the last days of Prime Minister Junichiro Koizumi's tenure, and some Japanese media portrayed the result as a sign that voters were growing tired of his reform policies. The extremely popular Koizumi, who marks his...

2006-04-07 03:22:30

By George Nishiyama TOKYO (Reuters) - Japan's main opposition Democratic Party picked veteran lawmaker Ichiro Ozawa, a one-time ruling party heavyweight, as its new leader on Friday in an effort to restore its tattered credibility with voters. Ozawa, 63, quickly pledged to unify the often-fractious party, reeling after his predecessor quit last week over a botched attempt to discredit the ruling Liberal Democratic Party. The Democrats had already suffered a beating in a general...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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