Latest news with #rulingCoalition
Bloomberg
16-07-2025
- Business
- Bloomberg
Japan's $6.8 Trillion Stock Market Faces Reckoning in Elections
Japanese stocks are at risk of a prolonged decline after the upper house vote this Sunday, if pre-election polls are anything to go by. Multiple local polls are indicating that the ruling coalition may lose its majority in the election this weekend, in another setback for Prime Minister Shigeru Ishiba after his surprise loss of majority in the lower house last October. Political concerns are already weighing on the market, with local equities underperforming the MSCI World Index this month.
Japan Times
24-06-2025
- Politics
- Japan Times
Japan sets Upper House election for July 20
The government said Tuesday that an election for the House of Councilors, the upper chamber of parliament, will take place on July 20. The official campaign period will start on July 3 in the election for the 248-seat Upper House, in which 125 seats — 75 in constituencies and 50 under proportional representation — will be contested. The campaign will focus on ways to address rising prices and political fund issues. Prime Minister Shigeru Ishiba said Monday that his ruling coalition aims to secure a majority in the Upper House. The bloc needs to win at least 50 seats to achieve the goal. Opposition parties want to block his goal after the ruling coalition lost a majority in the House of Representatives, the lower chamber of parliament, in an election last year.
