Japan, Election Force
Digest more
A bad night for the ruling coalition could cost the prime minister his job and make it harder to strike a deal with Washington before the August tariff deadline.
Japanese Prime Minister Shigeru Ishiba sought to buy time in office following a second election setback in less than a year. But whether he stays days, weeks or even months, Sunday’s vote made clear that his Liberal Democratic Party needs an overhaul to stay relevant.
Japanese voters participated in a closely contested upper house election that could create political upheaval. Prime Minister Shigeru Ishiba's coalition faces challenges from opposition parties advocating fiscal changes.
President Donald Trump on Sunday escalated his call for the Washington Commanders to change their name back to the “Redskins,” threatening to restrict the NFL team’s stadium deal if they don’t, though it’s unclear how he would be able to.
Japan's Liberal Democratic Party ruling coalition may lose its majority in the upper house in an election on Sunday, which could heighten calls for the government to boost spending and cut tax.
Japanese voters faced a crucial upper house election that could destabilize Prime Minister Shigeru Ishiba's administration. Rising prices and immigration issues challenge his leadership. The Liberal Democratic Party risks losing control,
Japanese Prime Minister Shigeru Ishiba on Monday apologized to the ruling Liberal Democratic Party (LDP) for the election loss, adding that he will continue to govern in coalition with Komeito.
Japan’s super-long bonds extended their recent declines Tuesday, pushing the yield on 30-year securities toward a record high as political risks cast a greater shadow over the nation’s financial markets.
The House of Councillors July 20 election exposes the cracks in Japan’s political strongholds and the growing regional-urban electoral divide.
USD/JPY opens with a bearish gap in reaction to Japan’s election outcome. A mildly softer USD exerts additional downward pressure on spot prices. Reduced BoJ rate hike bets should cap the JPY and lend support to the pair.
Japan’s ruling coalition suffered a significant loss in a parliamentary election Sunday, a setback that risks derailing delicate trade negotiations with the US just weeks before punishing tariffs are set to take effect.