Japanese Prime Minister Shigeru Ishiba refuted rumors about his resignation following a setback in the upper house election. With crucial trade talks with the U.S. in progress, he delayed any immediate decision.

Japanese bond markets, closed on July 21 for a holiday, could be an early casualty as younger voters demand cuts in taxes they see funneling to seniors. “The anger of younger generations” is directed “at a ‘silver democracy’ that has often seemed closed to them,” says Tobias Harris, founder of consultant Japan Foresight.

The Trump administration's dissatisfaction with the US-Japan trade imbalance has led to a potential 25% tariff on Japanese exports. This move aims to pressure Japan into opening its markets to American goods,

Japanese Premier Shigeru Ishiba pledges to stay in power amid internal party pressure following significant losses in the upper house elections. Facing criticism, he aims to handle crucial issues like U.

Japan’s political landscape could be on the brink of major upheaval after exit polls showed Prime Minister Shigeru Ishiba’s ruling coalition likely lost its majority in the country’s upper house following a key national election Sunday.

Anti-establishment parties focused on wages, immigration and an unresponsive political elite struck a chord with working-age people in Japan.

Japanese were voting Sunday for seats in the smaller of Japan's two parliamentary houses in a key election with Prime Minister Shigeru Ishiba and his ruling coalition facing a possible defeat that could worsen the country's political instability.

FILE - Incumbent Tokyo Gov. Yuriko Koike celebrates after she was elected for Tokyo's gubernatorial election in Tokyo, Sunday, July 7, 2024. Multiple women competing for a top political office is still rare in Japan, but Koike’s win highlights a gradual rise in powerful female officials and a society more open to gender balance in politics.

An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba,