Japan Stocks Lead Gains in Asia
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Prime Minister Shigeru Ishiba is under increasing pressure to bow out after his party and junior coalition partner Komeito lost their majority in Sunday's election.
While the announcement was cause for optimism ahead of Aug. 1, analysts remained concerned about the steep tariffs still looming for key trading partners such as Brazil and the EU.
Shares of Japanese, South Korean and European automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that included reducing tariffs on Japanese auto imports to 15%,
Leaders of the European Union and Japan have launched an alliance aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the United States and China.
The U.S.-listed stocks of Japanese companies are surging, amid investor enthusiasm over the U.S-Japan trade deal. The biggest gainers were the ADRs of automakers, as Toyota's stock was
The fringe far-right Sanseito party emerged as one of the biggest winners in Japan's upper house election, gaining support with warnings of a "silent invasion" of immigrants.
Japanese Prime Minister Shigeru Ishiba, under growing pressure to step down over the historic loss of his ruling party in a weekend election, says he will decide on whether to resign after closely studying the tariff deal just struck with the United States.