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Kishida faces calls for election over ‘defense tax’

Prime minister of japan fumio kishida

Bloomberg Japanese voters want an election before any hike in taxes to fund Prime Minister Fumio Kishida’s plans for a record increase in defense spending and providing more support for families with children, according to two polls. About 63% of respondents to a poll by the Nikkei newspaper carried out Jan 27-29 and 77% of those who took part in ...

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NZ’s Hipkins boosts chances of Labour at election, poll shows

  Bloomberg New Zealand’s new Prime Minister Chris Hipkins has boosted his party’s chances at this year’s election, with a poll showing him neck-and-neck with his opponents less than eight months out from the ballot. Support for Hipkins’ Labour Party rose 5 percentage points to 38% in a 1News/Kantar poll published Monday in Wellington, while the main opposition National Party ...

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Rupee left behind in EM rally as RBI rebuilds foreign reserves

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  Bloomberg The rupee’s recent gains may prove to be fleeting because of pressure from India’s persistent current-account gap and the central bank building up its foreign-exchange reserves. The currency has lagged peers from the Thai baht to the Indonesian rupiah this month, gaining only 1.4% even amid sustained dollar weakness. QuantEco Research expects the rupee to slip towards 83.5 ...

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