The Latest Breaking News from Shigeru Ishiba

US deal with its fifth biggest trading partner will see tariffs set at 15% compared with a previously threatened 25%

The 68-year old leader said media reports that he had already decided to resign were ‘completely unfounded’

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

Having done a trade deal with US President Donald Trump, Japan's prime minister will soon announce his resignation, reports said Wednesday, after his latest election debacle left his coalition without a majority now in both houses of parliament.

The president announced the trade framework – in what he said was ‘perhaps the largest Deal ever made’ – in a Truth Social post Tuesday

Japan’s ruling coalition suffered the widely expected loss of its majority in the July 20 election, as young voters shifted to the populist right. As a result, Shigeru Ishiba’s prime ministership now hangs in the balance.

Tokyo stocks rallied with the yen Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector.

President Donald Trump said Tuesday that the United States had agreed to a "massive" trade deal with Japan that would include a 15 percent tariff on its exports.

Tokyo’s failure to secure a US deal sooner had caused political unease and economic uncertainty in Japan

Populist Sanseito’s rise is eroding the ruling Liberal Democratic Party’s dominance and reshaping Japan’s traditionally staid political landscape, as Maroosha Muzaffar reports

September S&P 500 E-Mini futures (ESU25) are trending down -0.04% this morning as investors brace for a raft of corporate earnings reports and continue to keep a close eye on any trade developments between the U.S. and key trading partners as the August 1st deadline approaches.