Global equity markets rose on Monday as investors await clarity from the U.S. Federal Reserve as to whether it will might raise interest rates sooner than they anticipated several months ago, before a sustained bout of inflation.
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Prime Minister Fumio Kishida's conservatives and their junior coalition partner lost seats but remained in power following a parliamentary election, according to Japanese media.
The leaders of Japan’s major parties yesterday made their final forays on the campaign trail, a day ahead of an election where the focus will be on how much of a hit the ruling party will take.
Polling indicates that Japanese Prime Minister Fumio Kishida’s Liberal Democratic Party (LDP) would lose seats in the election for the Japanese House of Representatives, the lower, but more powerful chamber of the Japanese Diet.
The party could also fail to keep the single-handed majority it has held in the House for the past nine years.
A fall from the majority status would be a blow