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Japan PM Ishiba resigns after bruising poll losses
Financial Express Pune
|September 08, 2025
JAPANESE PRIME MINISTER Shigeru Ishiba resigned on Sunday, ushering in a potentially lengthy period of policy uncertainty at a shaky moment for the world's fourth-largest economy.
Having just ironed out final details of a trade deal with the US to lower President Donald Trump's punishing tariffs, Ishiba, 68, told a press conference he must take responsibility for a series of bruising election losses.
Since coming to power less than a year ago, the unlikely premier has overseen his ruling coalition lose its majorities in elections for both houses of parliament amid voter anger over rising living costs.
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