Japanese Prime Minister Shigeru Ishiba reiterated his resolve to stay on and ensure the full implementation of a recent US trade deal as lawmakers in the ruling party continued to call for his resignation.

On any list of central bankers dying to get off this crazy thing called 2025, Japan’s Kazuo Ueda deserves a spot at the very top.

TOKYO, July 21 (Reuters) - Japan's ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power even as he vowed to remain party leader, citing a looming tariff deadline with the United States.

The Japanese government is concerned that the Japan-U.S. security arrangement might be used as leverage in negotiations to get Japan to buy more U.S.-made defense equipment.

F OR YEARS Japan was a reassuring example for governments. Even as its net public debt peaked at 162% of GDP in 2020, it suffered no budget crisis. Instead it enjoyed rock-bottom interest rates, including borrowing for 30 years at 0.1%. Now, though, Japan is going from comfort to cautionary tale.

Japan's government said on Friday that profits from a $550 billion investment package agreed in this week's tariff deal with the U.S. would be split between Japan and the U.S. according to the degree of contributions by each side.

Japan's ruling coalition, led by Prime Minister Shigeru Ishiba's Liberal Democratic Party (LDP), has suffered another setback in elections to the upper house of parliament, exit polls predicted on Sunday.

Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.

Japan’s Prime Minister Shigeru Ishiba faces a tough test in an upper house election this month as his minority government struggles after its major defeat in last year’s snap election.

Japan on Tuesday set up an administrative body aimed at easing citizens' concerns over the rapid rise in the number of foreigners in recent years, as policies concerning non-Japanese residents emerge as a key issue in Sunday's national election.

Gov. Takuya Tasso is calling for greater transparency from the U.S. military following the precautionary landing of an Air Force CV-22 Osprey at a civilian airport in his prefecture.

The aim is to systematically develop foreign human resources and ensure they stay in Japanese workplaces for the long term.