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Japan PM Ishiba to Resign Amid Pressure by Party After Defeat

The Business Guardian

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September 08, 2025

Japan's Prime Minister Shigeru Ishiba announced Sunday that he will resign, following growing calls from within his party to take responsibility for a historic defeat in July's parliamentary election.

- AGENCIES

Japan PM Ishiba to Resign Amid Pressure by Party After Defeat

Ishiba, who took office in October, said he was stepping down as prime minister and as the head of his conservative Liberal Democratic Party.

Ishiba, a 68-year-old centrist, had resisted demands from opponents further to the right within his own party to resign. He argued that he wanted to avoid a political vacuum at a time when Japan faces key domestic and international challenges, including U.S. tariffs, rising prices and growing tensions in the Asia-Pacific.

Ishiba explained at a news conference Sunday night that he had intended for some time to take responsibility for his party's summer election loss, but was first determined to make progress in tariff negotiations with the United States. He described it as a matter of the national interest.

"Who would seriously negotiate with a government whose leader says he is stepping down?" Ishiba said.

He said the moment had arrived with an order by U.S. President Donald Trump on Friday to lower tariffs on Japanese cars and other products from 25% to 15%.

"Having reached a milestone in the U.S. tariff negotiations, I decided now is the time to make way for a successor," Ishiba said.

The resignation came one day before Ishiba's party was to decide whether to hold an early leadership election, which would have amounted to a virtual no-confidence motion against him if approved.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

B'luru tech boost: Rolls-Royce’s largest GCC launched

Bengaluru has further cemented its position as aglobal technology hub with the inauguration of the largest Rolls-Royce Global Capability Centre (GCC), Karnataka Deputy Chief Minister D.K. Shivakumar said on Friday.

time to read

1 min

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From player to coach: Now the whole life is dedicated to cricket

It is often said that if hard work is done silently, then success makes noise. Sunil Sheoran of Hanumangarh district of Rajasthan has done something similar. He fulfilled his dream with his hard work and struggle. Today this young Sunil Sheoran has made his mark in the country. Sunilis writing the story of success as a level-2 coach and strength and conditioning coach of BCCI.

time to read

3 mins

September 20, 2025

The Business Guardian

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FROM COW SERVICE TO PUBLIC SERVICE: THE INSPIRING JOURNEY OF MANOJ SONI

“True progress of society is possible only when every individual shoulders their responsibilities and works selflessly for the welfare of the community.” This philosophy is not just a belief for Manoj Soni—it’s the very foundation of his life. From the small town of Bhadra in Hanumangarh district to the bustling city of Jaipur, his journey is a story of tireless service, commitment, and purpose.

time to read

2 mins

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The Business Guardian

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BofA bullish on Paytm, cites soundbox, AI, cost discipline

Paytm(One 97 Communications Limited), India’s full stack merchant payments leader, is showing steady momentum across its core business of Payments, Soundbox, and Merchant Lending business, according to a recent report by BofA Global Research.

time to read

1 mins

September 20, 2025

The Business Guardian

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MF inflows shield market; stocks may trade sideways: Jefferies

India’s stock markets are being supported largely by consistent mutual fund investments, which are preventing a deeper fall despite heavy outflows, according to a report by Jefferies.

time to read

1 mins

September 20, 2025

The Business Guardian

Samsung Group to hire 60,000 new employees by 2029

Samsung Group has announced that it will hire 12,000 new employees annually from 2025 to 2029, totaling 60,000 hires, to create high-quality jobs for young people and secure future key talent, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

time to read

1 min

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The Business Guardian

ESSF organises symposium on Education

Ek Soach Saathiya Foundation (ESSF) organised a Symposium on Education for All followed by a Cultural Evening at the Convention Hall, Airport Authority Officers’ Institute, Safdarjung Airport, New Delhi.

time to read

1 min

September 20, 2025

The Business Guardian

Female workforce share grows but wage gap persists

A report by the Delhi government indicates that while the ratio of female workers in the labour force of the national capital has increased, their wages remain lower than those of men, despite some fluctuations over the years.

time to read

1 mins

September 20, 2025

The Business Guardian

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15 Years of Leapswitch: A Journey of Growth and Success

Leapswitch Networks, 15 years old today, began with a wild dream: to make cloud services affordable, available, and reliable.

time to read

1 mins

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The Business Guardian

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Hydrogen to drive space missions, clean energy: ISRO

Hydrogen is set to play a transformative role in India’s space missions, transportation, and clean energy future, according to Indian Space Research Organisation (ISRO) Chairman V Narayanan.

time to read

1 mins

September 20, 2025

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