Prime Minister Sanae Takaichi’s economic agenda came under fresh pressure on August 18 after weaker-than-expected growth figures exposed the fragility of Japan’s recovery, sharpening the political stakes around the Bank of Japan’s next rate decision, the weak yen, and the government’s plan to cut the consumption tax on food. (News On Japan)

Tokyo stocks rose on August 17, with the Nikkei 225 closing at 69,220.25, up 506.45 points, as buying in artificial intelligence and semiconductor-related shares outweighed weaker-than-expected economic growth, rising bond yields and renewed concern over household spending. (News On Japan)