The following is the latest list of selected news summaries by Kyodo News.----------Japan's ruling bloc OKs FY 2025 tax reforms to fund defense spendingTOKYO - Japan's ruling parties on Friday approved their tax reform plans for the next fiscal year starting April aimed at funding a scheduled defense budget hike through increases in corporate and tobacco levies from 2026.In an attempt to increase people's disposable incomes, the Liberal Democratic Party and its junior coalition partner Komeito also agreed to raise the annual income threshold on earnings of individuals aged 19 to 22 with job…READ FULL ARTICLE