Reported about 1 month ago
Japan's ruling Liberal Democratic Party (LDP) coalition has lost its majority in parliament for the first time since 2009, following a backlash from voters tied to political scandals. This has led to a significant rise in seats for the opposition Constitutional Democratic Party of Japan (CDP), which is now positioning itself to take over the government. Prime Minister Shigeru Ishiba faces challenges in forming a coalition amid increased political instability, while the currency value and stock market reflect growing uncertainty.
Source: YAHOO