GPIF Push for Domestic Assets: Japan’s finance minister said the government wants the world’s biggest pension fund (GPIF) to make “substantially greater” investments in Japanese financial assets, triggering a broad yen rebound and gains in JGBs and stocks. Imperial House Law: Japan’s Lower House passed a bill to revise the Imperial House Law, aiming to secure the number of imperial family members, including rules on adoption and keeping status after marriage—now headed to the Upper House. Narita Runway Land Acquisition: Narita’s operator agreed to start compulsory land acquisition procedures for a stalled new runway expansion, a key step toward boosting capacity amid tourism and logistics demand. AI & Privacy for Development: Japan moved to ease privacy rules to support AI development and is also pushing new councils to shape AI-related governance. Typhoon Bavi/Inday Disruptions: Typhoon Bavi (Inday) is battering the region, with schools closed and evacuations in parts of Japan’s southwest and Taiwan, while shipping and flights face cancellations. Trade & Tourism Links: Tokyo’s foreign visitor spending rose in 2025, while Japan-backed logistics expansion in Indonesia (Patimban container terminal) highlights growing regional trade ties. Japan GI Protection for Tea: Japan registered “Japanese tea” under its geographical indication system to curb overseas imitation and false labeling.