Japan’s Conservative LDP Secures Unprecedented Supermajority Win
Historic Victory for Japan’s Liberal Democratic Party Japan’s conservative Liberal Democratic Party, under the leadership of Prime Minister Sanae Takaichi, achieved a significant election triumph on Sunday, securing a two-thirds supermajority in the House of Representatives. The party won 316 out of the 465 available seats in the Diet, a remarkable increase from the 198 […]
Japan general election: what would it take for the ruling LDP party to be ousted? | Japan
After months of financial scandals, cost-of-living crises and unpopular leadership, there are hopes for an end to Japan's beleaguered ruling Liberal Democratic Party (LDP), which has ruled for most of the past seven years. Some people may do so. Decades. The general election on October 27th was largely held in the wake of former Prime […]
Japanese Yen drops as no candidate secures majority in the first round of LDP voting – FXStreet
Japanese yen subsequently recovers daily losses Shigeru Ishiba won the party leadership election and became Prime Minister. The Tokyo Consumer Price Index rose 2.2% year-on-year in September, slowing from the 2.6% rise in August. The US dollar is under downward pressure from dovish Fedspeak. The Japanese yen (JPY) rose after former Defense Secretary Shigeru Ishiba […]
MUFG: Yen outlook amid upcoming LDP leadership election – ForexLive
Sanae Takaichi Voting will take place on Friday afternoon, with the results of the first round to be announced at 2:20 p.m. If the top candidate fails to receive a majority, a runoff election will be held, with the results to be announced at 3:30 p.m. Tokyo time. MUFG is highlighting that investors may be […]
Who will be Japan’s next PM? Ruling LDP set to begin ‘especially chaotic’ party election | Japan
A week after Japan braced for a possible massive earthquake, the biggest major change came at the heart of politics, with Prime Minister Fumio Kishida announcing his intention to step down next month. His three-year term ends at the end of September, when the ruling Liberal Democratic Party [LDP] A new president will be elected […]