Japanese Prime Minister Shigeru Ishiba clung on Monday even after his coalition suffered what he called an “extremely regrettable” election result, as painful new US tariffs loom. In Sunday’s election,

PM Ishiba's coalition was projected to have lost its majority in the upper house, a result that might push him to resign.

Internal rivals and a resurgent nationalist right are jeopardising Prime Minister Shigeru Ishiba’s already precarious position.

WASHINGTON -- The U.S.-Japan alliance has entered a period of uncertainty, American think tank analysts say, after Sunday's upper house Diet election resulted in Japan's ruling Liberal Democratic Party having lost its majority in both legislative chambers for the first time since its founding in 1955.

The ruling coalition needs a total of 125 seats for a majority. They already have 75 uncontested seats, but NHK projections suggest it may be difficult for the Liberal Democratic Party (LDP) and Komeito to get the additional 50 needed.

TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Monday stressed the need to establish a common understanding among parties on the pros and cons of cutting the country's sales tax rate. Cutting the sales tax could increase household income temporarily,

Pending tariffs from America and a political deadlock are threatening Japan’s economic stability.

Japanese Prime Minister Shigeru Ishiba will continue in office despite his party's election loss. He emphasised preventing a political vacuum and addressing issues like rising living costs, while planning to negotiate with the US on tariffs ahead of the August 1 deadline.