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Japan prepares for new prime minister

Liberal Democratic Party Prime Minister Taro Aso resigned early Wednesday, setting the stage for Democratic Party of Japan leader Yukio Hatoyama to take over the reins of government.

Challenges ahead for Japan's new ruling party

Now comes the hard part. Handed a sweeping mandate for change, the Democratic Party of Japan (DPJ) begins the formidable task of delivering on a laundry list of promises intended to lift the country after its worst recession since World War II.

Japanese opposition set for victory; PM quits as party head

Japanese Prime Minister Taro Aso announced his resignation as head of the party that has governed Japan for decades following its apparent landslide defeat in elections Sunday.

Political shift likely as Japanese head to polls

Voters in Japan will turn out for parliamentary elections Sunday in what poll after poll shows will be a historic shift in political power to oust the ruling party.

N. Korea revels in insulting Western leaders

North Korea on Thursday launched a scathing personal attack on U.S. Secretary of State Hillary Clinton, raising comparisons with previous colorful comments about the West by the communist regime.

Japanese PM dissolves parliament

Japan dissolved its lower house of parliament Tuesday ahead of general elections in August.

Japanese PM to call for general election

Japan's Prime Minister Taro Aso will dissolve the lower house of parliament this month and call for general elections in August, the government said Monday.

Japan's PM to call snap elections

Japan's embattled Prime Minister, Taro Aso, will call a general election for 30 August, after his party lost a key vote in Tokyo on Sunday.

Japan announces $150B stimulus plan

Japan's Prime Minister Taro Aso announced a historic ¥15 trillion ($150 billion) stimulus package Friday aimed to turn around the recession in the world's second largest economy.

CNNMoney: Japan unveils $150 billion stimulus plan

Japan's Prime Minister Taro Aso announced a historic $150 billion stimulus package Friday aimed to turn around the recession in the world's second-largest economy.

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