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TOKYO/BEIJING, Jan 27 (Reuters) - Prime Minister Sanae Takaichi said Japan's strategic alliance with the U.S. would collapse if Tokyo were to turn away from a conflict in Taiwan, but distanced herself from previous comments that suggested a possible military response in such an event.

The move by Prime Minister Sanae Takaichi is an attempt to capitalize on her popularity to help her governing party regain ground after major losses in recent years.

Japanese government bonds and the yen have sold off in recent weeks on concern over Takaichi's expansionary fiscal policy

People flocked to the Ueno Zoo in Tokyo to say goodbye to the last two giant pandas in Japan. Xiao Xiao and Lei Lei will return to China.

Investors are on guard for the risk of another meltdown in Japan’s bond market on Wednesday when the government sells 40-year notes, a tenor that has proved vulnerable to sharp swings.

UPI to launch in Japan via NTT Data and NPCI, easing payments for Indian tourists and boosting India-Japan digital and tourism ties.

Japan’s Prime Minister Sanae Takaichi has dissolved the lower house of Parliament, paving the way for a Feb. 8 snap election

Investors in Japan are braced for more volatility in bonds, the risk of government intervention in the currency market and frequent swings in stock prices as campaigning kicks off on Tuesday for a snap election.

Russia and China have regularly dispatched forces to waters and airspace around Japanese territory.