Japan's Ishiba vows to stay on
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PM Ishiba's coalition was projected to have lost its majority in the upper house, a result that might push him to resign.
TOKYO: With the Liberal Democratic Party likely having performed poorly in Sunday's (July 20) House of Councillors election, some LDP members are trying to hold Prime Minister and LDP President Shigeru Ishiba (pic) responsible for the results.
Japan's ruling coalition, led by Prime Minister Shigeru Ishiba, lost its majority in the upper house, intensifying political uncertainty amid economic woes and rising populism. Voters expressed frustration over stagnant wages,
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Korea JoongAng Daily on MSNIshiba's coalition loses majority in Japan's upper house electionJapanese Prime Minister Shigeru Ishiba ’s ruling coalition failed Monday to secure a majority in the 248-seat upper house in a crucial parliamentary election, NHK public television said.
Japanese voters angry at inflation turned to other parties, notably the "Japanese first" Sanseito, which made strong gains with its "anti-globalist" drive reminiscent of US President Donald Trump's agenda.
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YEN.com.gh on MSNHong Kong leads stocks higher, yen gains as Ishiba vows to stayEquities mostly rose Monday on optimism countries will reach US trade deals before an August 1 deadline, while the yen gained after Japanese Prime Minister Shigeru Ishiba said he would stay in office despite another election defeat.