Japan’s prime minister Shigeru Ishiba has vowed to continue ruling the country despite a bruising loss suffered by his party at the general election. The country now faces an uncertain political future as the coalition led by the long-ruling Liberal Democratic Party (LDP) has lost its majority in parliament, its worst result in over a … Read more
The composition of Japan’s future government remains uncertain following a voter backlash against Prime Minister Shigeru Ishiba’s ruling coalition, leaving no party with a clear mandate to lead the world’s fourth-largest economy. This uncertainty has caused the yen currency to drop to a three-month low as investors and analysts brace themselves for days, or possibly … Read more
“Japanese elections are normally steady and boring affairs. This snap election was anything but. The dramatic vote follows a political funding corruption scandal, revealed last year, which implicated senior lawmakers from the ruling Liberal Democratic Party (LDP) and cabinet members, tarnishing the party’s image and angering the public. The electorate made their anger felt in … Read more
Japan’s ruling Liberal Democratic Party (LDP) is projected to fall short of a single-party majority after a close-run snap election, according to exit polls. The LDP is expected to secure between 153 and 219 lower house seats, as reported by broadcaster NHK. The Constitutional Democratic Party (CDP) is anticipated to win between 128 and 191 … Read more
Discover three of southern Japan’s UNESCO World Heritage areas that are also spectacular diving sites — including the Ogasawara Islands, where divers have the opportunity to see tropical fish, dolphins, sharks, rays, turtles and more. Photograph by Ogasawara Village Tourism Bureau Though the bright lights of Japan’s cities may draw most travelers, the country’s natural … Read more
The News Pink can be powerful. Taro Yamamoto recognizes this. The leader of Japan’s anti-establishment, left-wing Reiwa Shinsengumi party, Yamamoto has embraced pink as an aesthetic, wrapping his movement in the color, which appears on everything from posters to campaign cars. Why pink? “Because I like it,” he once answered. As simple as that. Reiwa … Read more
By Leika Kihara TOKYO (Reuters) – Concerns are rising in Japan over the risk of ending up with a minority coalition government after the upcoming general election, which could complicate the central bank’s efforts to gradually reduce decades of monetary stimulus. Recent polls have indicated the possibility of the ruling coalition losing its majority in … Read more
(Bloomberg) — Support for Japanese Prime Minister Shigeru Ishiba’s ruling coalition is continuing to soften in the runup to this coming weekend’s election, two polls showed, indicating the possibility that the vote may result in a weakened and unstable administration. Most Read from Bloomberg A Kyodo News poll showed 22.6% of respondents backing Ishiba’s ruling … Read more
Stay updated with complimentary updates Simply subscribe to the Private equity myFT Digest — sent directly to your email inbox. Two major private equity firms, KKR and Bain, are currently engaged in a fierce battle over a $4 billion Japanese software company, marking a significant development in Tokyo’s M&A landscape. This ongoing rivalry escalated recently … Read more