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EXPLAINED: 5 | Rare Historical Photos

Rightwing populist Sanseitō party shakes Japan with election surge

Japan held elections for its upper house, the House of Councillors, on July 20. The vote proved a challenge for the conservative ruling Liberal Democratic party (LDP), which has been reeling from corruption scandals, rising prices and US tariffs on Japanese exports.

The Conversation

Far-right 'Japanese First' party Sanseito emerges as fourth-largest opposition force in parliament

Campaigning under the nationalist slogan "Japanese First," the party capitalised on growing public frustration with immigration, inflation and the ruling coalition's performance.

Euronews

Japan PM Shigeru Ishiba clings to power after bruising defeat in parliament

Japan’s ruling alliance no longer holds majority in either house of parliament

The Independent UK

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Ishiba's coalition loses majority in Japan's upper house election

Ishiba said the coalition's poor showing was because his government’s measures to combat price increases had yet to reach many people.

Euronews

Hong Kong Leads Stocks Higher, Yen Gains As Ishiba Vows To Stay

Equities mostly rose Monday on optimism countries will reach US trade deals before an August 1 deadline, while the yen gained after Japanese Prime Minister Shigeru Ishiba said he would stay in office despite another election defeat.

International Business Times

Japan PM Shigeru Ishiba vows to stay on despite losing upper house majority

Ballot heaps pressure on Ishiba’s minority government just as it attempts to negotiate deal to avert Trump tariffs

The Guardian - UK

Dow futures turn higher as investors brace for a big week of earnings, housing market data and Jerome Powell

On Tuesday, Federal Reserve Chairman Jerome Powell and Governor Michelle Bowman are due to speak at a banking conference.

Fortune

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Japan PM's Future In Doubt After Election Debacle

Japanese Prime Minister Shigeru Ishiba's future was unclear Monday after his coalition appeared to have disastrously lost its upper house majority in elections that saw strong gains by a right-wing populist party.

International Business Times

Shigeru Ishiba, Japan's Rapidly Diminishing PM

Shigeru Ishiba likes the nitty gritty of policy and making military models, but his dream job as Japanese prime minister looked at risk of coming unstuck on Sunday.

International Business Times

Japan’s ruling alliance likely to lose upper house majority, exit poll says

While the ballot does not directly determine whether Ishiba’s government falls, it heaps pressure on the leader.

Al Jazeera

Japan PM Faces Reckoning In Upper House Election

Japanese Prime Minister Shigeru Ishiba faces a reckoning from voters on Sunday with upper house elections that could end his premiership and see a right-wing populist party make inroads.

International Business Times

Japan’s minority gov’t faces election setback over inflation, immigration

Soaring prices and anti-foreigner sentiment have become central issues for much of Japan’s electorate.

Al Jazeera

'Clumsy' Japanese PM Ishiba's Future In The Balance

Shigeru Ishiba likes the nitty gritty of policy, cigarettes and making models, but his dream job as Japanese prime minister could go up in smoke this weekend.

International Business Times

How Japan’s hard-right populists are profiting from anti-foreign sentiment and a cost of living crunch

Nationalists win over disaffected first-time voters with a call for a return to family values and curbs on immigration

The Guardian - UK

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Barchart

S&P Futures Gain as Strong U.S. Economic Data and Earnings Boost Optimism

September S&P 500 E-Mini futures (ESU25) are trending up +0.19% this morning, extending yesterday’s gains as rising confidence in the strength of the U.S. economy and positive earnings reports bolstered investors’ risk appetite.

International Business Times

Asian Markets On Course To End Week On A Positive Note

Asian markets headed into the weekend on a broadly positive note Friday, as investors took up New York's latest record highs sparked by healthy US retail data and upbeat earnings from some of Wall Street's big names.

International Business Times

Japan's SMEs Ready To Adapt To Trump Tariffs

Small and medium-sized firms like Mitsuwa Electric that form the backbone of Japan's economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand Donald Trump.

International Business Times

Japan Rice Prices Double, Raising Pressure On PM

Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend.

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The Independent UK

Japan launches government body to address over-tourism and unruly foreigners

Japan welcomed a record 36 million tourists in 2024, according to official figures

Barchart

Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.29%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.30% this morning, pointing to a lower open on Wall Street after U.S. President Donald Trump escalated his trade war.

International Business Times

Japan's Sticky Problem With Trump, Tariffs And Rice

Donald Trump's insistence that "spoiled" Japan imports more US rice is adding to Prime Minister Shigeru Ishiba's problems ahead of elections that could sink his premiership after less than a year in office.

Benzinga

Scott Bessent Never 'Made Time' For Japan's Trade Negotiator, Says Economist, Yet The US Ally Got Hit With Trump Tariffs — How Should Tokyo Make Sense Of This?

Economist Justin Wolfers pushed back against President Donald Trump’s 25% tariffs on Japan, despite the latter actively working towards a resolution on the matter.

The Independent UK

A look at the countries that received Trump's tariff letters

President Donald Trump has sent letters to 14 countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1

Benzinga

Trump May Have Sent Dear Japan Letter On Tariffs, But Tokyo Unlikely To Make Progress On Deal Until This Key Event Takes Place

President Donald Trump notified Japan of 25% tariff rates on Monday, effectively extending negotiations until August 1 as Japan’s July 20 upper house election constrains deal-making.

International Business Times

Most Markets Rise As Trump Sends Tariff Letters, Delays Deadline

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.

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