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Japanese vice defense minister to visit U.S. next week

Japanese Vice Defense Minister Masanori Nishi will visit the United States from next Monday to Thursday for talks with senior Pentagon officials and think tank experts, the Defense Ministry said Friday. Topics at these talks will include possible revisions to the Japan-U.S. defense cooperation guidelines specifying the roles of the Japanese Self-Defense Forces and the U.S. forces.

Gov't denies rumors of ghosts at PM's official residence

The government on Friday denied rumors that the prime minister's official residence is haunted, in response to a question from an opposition lawmaker. Given that Prime Minister Shinzo Abe has yet to move into the 80-year-old mansion five months after assuming power in December, Ken Kagaya, an upper house member of the Democratic Party of Japan, asked the government if rumors that the building is haunted are true.

Japan vice econmin: Thursday Nikkei plunge a 'temporary adjustment'

TOKYO (Reuters) - Thursday's plunge in Tokyo stock prices represents a short-term pullback from recent gains, not a sign of doubt in Japan's economic policies, a senior government official said. "It's a temporary adjustment after the rapid gains seen recently," Yasutoshi Nishimura, senior vice-minister of the Cabinet Office, told Reuters. The benchmark Nikkei stock average <.N225> fell 7.3 percent on Thursday, its biggest percentage fall in two years, after Chinese factory-output data disappointed investors.

Japan's top leaders defend 'Abenomics' economic strategies as roiled markets settle

TOKYO - Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster. Bank of Japan Gov. Haruhiko Kuroda acknowledged Friday the need for careful handling of aggressive monetary policies aimed at breaking the world's third-largest economy free of deflation and for stronger "communication and dialogue" with financial markets.

Gov't not aware of any ghosts at PM's residence

The government said Friday it is "not aware" of any ghosts rumored to haunt the prime minister's official residence, in response to a written inquiry submitted by an opposition lawmaker. Given that Prime Minister Shinzo Abe has yet to move into the official residence five months after assuming power in December, Ken Kagaya, an upper house member of the Democratic Party of Japan, asked the government if the rumors of ghosts were true.

U.N. chief to visit Japan to attend Africa conference

U.N. Secretary General Ban Ki Moon will visit Japan from May 31 to attend a gathering of Japanese and African leaders on African development to be held in Yokohama, the Japanese Foreign Ministry said Friday. During his four-day stay through June 3, Ban is scheduled to meet with Japanese Prime Minister Shinzo Abe and Foreign Minister Fumio Kishida.

Abe leaves for Myanmar as Japan's aid for reforms in focus

Prime Minister Shinzo Abe left for Myanmar on Friday on a visit that will focus on additional Japanese support for reforms in the Southeast Asian country that has been opening up after years of military rule. "Japan will cooperate in Myanmar's reforms with both public- and private-sector assistance," Abe told reporters before departure, expressing his hope of having deep discussions with President Thein Sein. The leaders will meet Sunday before Abe returns home the same day.

Next round of TPP trade talks to be extended 1 day for Japan: source

The next round of Trans-Pacific Partnership free trade negotiations will be extended by a day as countries involved will welcome Japan as the 12th member of the talks in late July, a negotiation source said Thursday. As the current round in Peru nears its end on Friday, the 11 countries involved in the talks for creating one of the world's largest free trade areas have agreed to hold the round in the Malaysian capital of Kuala Lumpur July 15-25, adding one day to the initially planned 10-day schedule through July 24, the source told Kyodo News.

LDP to drop Article 96 revision from upper house election pledges

The ruling Liberal Democratic Party has decided not to include revising Article 96 of the Constitution in its campaign pledges for the upcoming upper house election, senior party officials said Thursday. It will still pledge to seek to change the process for amending the Constitution. Article 96 states that any initiative to amend the Constitution must be supported by at least two-thirds of members of each house of parliament. The LDP seeks to ease the requirement to a majority vote.

Economic minister plays down concerns over plunge in Japanese stocks

Economic and fiscal policy minister Akira Amari played down concerns over the plunge in Japanese stocks on Thursday, saying Japan's economy is firmly on the recovery track under Prime Minister Shinzo Abe's economic policies. Citing weaker-than-expected Chinese manufacturing data as the trigger for the steep fall of the Nikkei index, Amari told reporters, "I suspect investors had been looking for a time to take profits as the Nikkei index had risen continuously."
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