Japan, Wrench in Trade Talks
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Asian shares and the yen held their ground on Monday as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants.
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.
We would not read too much into the marginal strengthening of the yen after Sunday's Upper House election result in Japan. Uncertainty is certainly on the rise here. For the week ahead, we have rate meetings in the eurozone,
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.
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.
In the broader risk complex, cross-asset traders are treating the election car wreck as a local fender-bender, not a multi-asset pile-up. So far, the result is being interpreted as politically messy but contained within Japan.
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. Here i
The House of Councillors July 20 election exposes the cracks in Japan’s political strongholds and the growing regional-urban electoral divide.
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.