The security bill, which would allow Japanese forces to fight alongside their allies overseas, has been deeply controversial among the Japanese public.
Investors also brace for economic data coming from China on Tuesday.
Chinese Premier Li Keqiang argues that market-stabilization measures taken by the country's government have been effective.
Some 12,000 soldiers will march through Beijing's central Tiananmen Square on Thursday, mostly Chinese but with Russian and a few other foreign contingents, accompanied by tanks and armored vehicles, as fighter jets scream overhead.
U.S. stocks opened lower Friday after surging a day earlier on China’s announcement of new stimulus measures to check its rapidly cooling economy.
Chinese stocks rose sharply after a state pension fund said it will invest over $300 billion in the stock market. Only Hong Kong bucked the trend.
While Asian stocks extended their recovery Friday, European shares failed to hold on to their modest early gains.
Australia will fail to meet its greenhouse gas emissions reduction targets under current policy measures, according to a new analysis.
European shares are now on course to recover most of the week's losses on a day that saw Chinese and Asian stocks make significant gains.
The Shanghai Composite Index clocked its biggest one-day gain in eight weeks. Other Asian markets also closed higher.
Wednesday's rise on the Dow reassured markets while the Bank of Japan downplayed fears about China's economy.
Donald Trump and Jeb Bush have come under fire this week for remarks that have been deemed racially insensitive.
China's rate cuts reassure some investors, but concerns about the Chinese economy, and Tuesday's falls, spook others.
While stocks in Japan, South Korea and Australia recovered, benchmark indexes in India fell yet again.
Wang Jianlin, the richest person in Asia and chairman of the Dalian Wanda Group, was the hardest hit, losing $3.6 billion.
China's first amnesty in four decades will free military veterans, the elderly and disabled, and minors -- as long as they pose "no threat to society."
Goni was accompanied with strong winds and heavy rains in most of western Japan.
“Russia’s military activity in the Ukraine continues to be of great concern to us and to our European allies,” U.S. Air Force Secretary Deborah James said.
Most Asian markets, which started recovering after Monday’s dramatic fall, were hit by wild fluctuations Tuesday.
Choe Ryong Hae, secretary of the Central Committee of the Workers' Party of Korea, will attend the Sept. 3 parade, Chinese deputy foreign minister Zhang Ming told a news briefing.
The injection of liquidity into the market by China has only had a limited impact on jittery investor sentiment.
Emerging markets in Southeast Asia will suffer the most from Chinese devaluation but are protected from some of the worst losses seen in 1997.