Tag:

Upper House

Japan’s PM Ishiba denies plans to quit after upper house election defeat

Japanese Prime Minister Shigeru Ishiba has denied media reports suggesting he plans to resign following his ruling Liberal Democratic Party’s (LDP) heavy loss in the recent upper house election. Speaking on Wednesday, the 68-year-old leader called such rumors “completely unfounded.”

23 Jul 2025-12:27
Yen steadies after Japan’s ruling coalition loses upper house majority

The yen held its ground on Monday despite Japan’s ruling coalition losing its majority in the upper house, as markets had largely priced in the election outcome. The result, however, raises concerns about policy gridlock and fiscal uncertainty ahead of an August 1 deadline for U.S. tariff negotiations.

21 Jul 2025-12:06
‘Japanese First’ party surges in Japan’s upper house election

The far-right Sanseito party has emerged as one of the biggest winners in Japan’s upper house election, capitalizing on its “Japanese First” campaign, strong anti-immigration stance, and populist promises of tax cuts and welfare spending.

21 Jul 2025-09:59