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.

Heading into the most consequential Japanese upper house election in memory and a possible defeat for the coalition of Prime Minister Shigeru Ishiba, investors are weighing whether a record sell-off in the nation's debt has further to run.

WASHINGTON (Kyodo) -- The United States looks forward to working closely with Japan in a bilateral alliance that has "never been stronger," a State Department spokesperson said Sunday in the wake of the ruling coalition losing its upper house majority in a national election.

Political uncertainty grips Japan ahead of election Japan's Upper House election on 20 July represents a pivotal moment for the country's politic

While foreign nationals do not have the right to vote unless they naturalize, as residents they contribute to the economy, pay taxes and raise families in Japan. As electoral results could impact their lives, The Japan Times asked several foreign residents to weigh in. Interviews have been edited for brevity and clarity.

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.

Rob Subbaraman of Nomura discusses Japan's upcoming upper house election and says while an LDP coalition losing the majority has already been priced in by the markets, any big surprises may cause a big move in Japanese bond yields,

Japanese Prime Minister Shigeru Ishiba, who faced a major defeat in a key election for the smaller of Japan’s two-chamber parliament, said Monday he will stay on to tackle challenges such as rising prices and high U.

The Japanese yen strengthened despite political turbulence as Japan's ruling coalition lost its majority in the upper house. Prime Minister Ishiba's position is uncertain while investors focus on U.S.