Japan's ruling and opposition camps have decided to put off holding a parliamentary hearing on a political funds scandal, supposed to begin Feb. 28, as they remain at odds over whether the meetings should be open to the media.
The Nikkei stock index's rise to an all-time high is unlikely to help buoy Japanese Prime Minister Fumio Kishida's government, which has been mired in political funds and other scandals, as the public considers the bullish market as unrelated to his policies.
Parliamentary hearings in Japan to probe a political funds scandal, which has rattled the ruling Liberal Democratic Party, are set to be held for two days from Feb. 28, lawmakers said, with five key LDP lawmakers agreeing to participate.
A parliamentary committee set up to investigate a political funds scandal that has rocked Japan's ruling Liberal Democratic Party will convene next week, lawmakers say, as the LDP looked to make concessions on who will attend in a bid to secure passage of next fiscal year's budget.
The ruling Liberal Democratic Party's largest faction is believed to have underreported revenue from its fundraising events to reimburse its members for more than a decade, the LDP's internal investigation shows