Japan enters an era of political instability

Japan’s ruling coalition lost its majority in the latest general election, leading to political instability due to voter apathy and ongoing public distrust. Prime Minister Shigeru Ishiba’s LDP and its partner fell short of forming a government, impacting markets with policy U-turns and potential coalition struggles. Despite the LDP’s setback, structural reforms are expected to continue benefiting the economy, while Japanese CEOs focus on growth amidst political uncertainty.

Full Article