Japanese Prime Minister's Coalition Loses Upper House Majority

Japanese Prime Minister Shigeru Ishiba’s ruling coalition has lost its majority in the country's upper house of parliament. The Liberal Democratic Party and its partner Komeito fell three seats short of the required majority, a significant electoral setback that weakens Ishiba's government. This loss creates political instability in Japan, potentially complicating the administration's ability to tackle pressing economic challenges, including rising prices and US tariff threats.