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.

Prime Minister Shigeru Ishiba's resignation has become unavoidable. The ruling coalition has now suffered crushing defeats in both chambers of the Die･･･

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.

Mr Ishiba has been under growing pressure to step down as his ruling Liberal Democratic Party (LDP) and its junior coalition partner, Komeito, lost their majority in the 248-member upper house, the smaller and less powerful of Japan's two-chamber parliament on Sunday, shaking his grip on power and Japan's political stability.

Japanese Prime Minister Shigeru Ishiba vowed to stay in his post after his ruling bloc was projected to lose its majority in the country’s upper house of parliament.

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

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.