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Japan's shaky minority government is poised for another setback in an upper house vote on Sunday, an outcome that could jolt investor confidence in the world's fourth-largest economy and complicate tariff talks with the United States.
Migration, tariffs and other economic issues dominating Japan's upper house election. Read more
Japan's Liberal Democratic Party ruling coalition may lose its majority in the upper house in an election on Sunday, which could heighten calls for the government to boost spending and cut tax.
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The May to June increase — the largest on record — may be symptomatic of an increasingly uncertain economy, experts say.
Migration, tariffs and other economic issues dominating Japan's upper house election.
The order says the U.S. will only comment if “there is a clear and compelling U.S. foreign policy interest to do so.”
Economists have called for timely intervention to control rising maize prices, warning that any price surge risks exerting more inflationary pressures in an economy already exposed to election-induced spending.
Throughout the spring, Ishiba battled to reach a deal on the government’s budget and to assuage concerns among the public about the rising cost of living. But a weak political base is not Ishiba’s only problem.
TOKYO -- Immigration to Japan has emerged as a key political issue ahead of Sunday's upper house of parliament election, after a surge in the number of visitors and residents from overseas in recent years.
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