Japanese Chief Cabinet Secretary Kihara says the government will prepare a tentative budget if the FY26 Budget is unlikely to pass the Diet by the end of March
This statement from the Japanese Chief Cabinet Secretary indicates potential fiscal uncertainty ahead of Japan's FY26 Budget deadline.
Japanese Coincident Index Final (Nov) 114.9 (Prev. 115.9)
Singaporean Industrial Production YoY (Dec) Y/Y 8.3% vs. Exp. 10.1% (Prev. 18.2%, Rev. From 14.3%)
Japanese Chief Cabinet Secretary Kihara says the government will prepare a tentative budget if the FY26 Budget is unlikely to pass the Diet by the end of March
SoftBank (9984 JT) said to halt talks to buy US data center firm Switch, according to Bloomberg
Japan's PM Takaichi says would like to achieve two-year suspension of 8% tax on food at the earliest date possible and submit relevant legislation in the fiscal 2026 diet.
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If a tentative budget is needed, it could reflect challenges in governance that might impact broader economic sentiment and commodities markets, particularly in metals that are sensitive to Japanese fiscal policy shifts.
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