Economics

Takaichi’s Hopes of Becoming Japan’s PM Hinge on Coalition Talks

Sanae TakaichiPhotographer: Toru Hanai/Bloomberg

Japanese ruling party leader Sanae Takaichi’s chances of becoming prime minister strengthened after progress on policy talks with the Japan Innovation Party, with Monday emerging as a deadline for deciding whether the parties form a new coalition.

The Liberal Democratic Party and the Osaka-based JIP, also known as Ishin, confirmed they are on the same page on major policy items. But one major sticking point remains in place: reforms on political funding rules. That’s the very issue that ended the LDP’s quarter-century coalition with Komeito last week.