Japan PM Ishiba Vows to Stay
Digest more
8h
Daily Times on MSNJapan's PM Ishiba holds on despite major election setbackJapanese Prime Minister Shigeru Ishiba is holding onto power after his ruling coalition failed to secure a majority in Sunday's upper house election. His Liberal Democratic Party (LDP), along with coalition partner Komeito,
Although Japan’s economy shows signs of returning to normal inflation for the first time in three decades, global headwinds and fiscal fragility pose ongoing challenges.
Sanseitō, an ultranationalist populist party, gained in Japan’s elections after framing immigration as a central issue.
Japan's Liberal Democratic Party, which Prime Minister Ishiba leads, secured 47 seats in parliament, short of the 50 it needs for a majority.
What is clear, however, is that most Japanese foresee a rocky economic road ahead. A 52% majority expect economic conditions to worsen over the next 12 months. In 2010, as the national economy showed signs of recovering from the global recession, only 33% of the Japanese public thought economic conditions would deteriorate in the coming year.
Japanese PM Shigeru Ishibas coalition fails to secure majority in upper house election, raising concerns over trade negotiations with the US.
Sometimes, it’s the pressing election issues that no one is talking about that matter most. Especially when the omission is by design — like the role of women in Japan’s economy.
Japan was once celebrated as an economic powerhouse, to the extent that in the 1970s, American magazines fueled fears — much as they do today with China — of a Japan poised for global dominance. However, Japan now grapples with the challenges of a recession. The world's fourth-largest economy ...
A slight easing in consumer inflation is welcome news for the Japanese central bank, but stubbornly high food prices will be of concern for policymakers.
The Japanese ruling coalition led by Prime Minister Shigeru Ishiba lost its majority in the upper house, marking a political setback. The coalition struggled with economic issues and rising populism.