Japan's new PM expresses regret for governing party's slush fund scandal

New Japanese Prime Minister Shigeru Ishiba opened his first policy speech in office Friday by expressing deep regrets over the governing party's slush funds scandal that dogged his predecessor.

Ishiba replaced Fumio Kishida on Tuesday with the paramount mission of quickly pacifying public anger over financial misconduct in the Liberal Democratic Party and regaining support ahead of an Oct 27 parliamentary election.

I will achieve politics that is not for politicians but for the people, Ishiba said, pledging to provide sincere explanations and ensure that lawmakers abide by the rules.

He set five policy pillars to uphold, including security, economy and disaster resilience.

Ishiba said he will bolster Japan's military capability to defend itself from threats from China, Russia and North Korea under the framework of the Japan-US security alliance.

He did not mention two goals he advocated before taking office making the Japan-US security alliance more equitable and establishing a .