PM Ishiba's coalition was projected to have lost its majority in the upper house, a result that might push him to resign.

Japan's embattled prime minister Shigeru Ishiba, fresh off a crushing defeat in upper house elections over the weekend, will not be in a position of strength to negotiate a favorable trade deal with the U.S., analysts said.

Its leader is a former supermarket manager who created his political party on YouTube in the depths of the coronavirus pandemic and campaigned on the Trumpian message “Japanese First.”

A re-run of last summer’s turmoil where a rise in the Japanese yen caused chaos throughout financial markets is threatened by this weekend’s Japanese elections, a strategist warns.

After months of fraught negotiations with the United States, Japan clinched a deal just days before punitive tariffs were scheduled to take effect.

Japan's election outcome may put the central bank in a double bind as prospects of big spending could keep inflation elevated while potentially prolonged political paralysis and a global trade war provide compelling reasons to go slow on rate hikes.

Sohei Kamiya, a former supermarket manager and English teacher, has created a stir in Japan. His Sanseito (participate in politics) party has won 14 seats in Japan’s Upper House. Kamiya is called the ‘Japanese Trump’ for his penchant to attack immigrant,

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