An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba,

Japanese Prime Minister Shigeru Ishiba has again denied reports that he plans to resign after his party's historic election defeat

The reports come after Trump announced a trade deal with Japan, and days after Ishiba's governing coalition lost its majority in the country's upper house.

Progress in relations between China and Japan could lose some steam if embattled Japanese Prime Minister Shigeru Ishiba steps down following a crushing electoral loss. Ishiba, leader of the Liberal Democratic Party (LDP), has come under intense pressure since the ruling coalition’s defeat in upper house elections on Sunday.

The embattled prime minister said he would remain in office to oversee tariff talks with the United States and other pressing matters.

TOKYO — Japanese Prime Minister Shigeru Ishiba said Monday he will stay in office to tackle challenges such as rising prices and high U.S. tariffs after a weekend election defeat left his coalition with a minority in both parliamentary chambers and triggered calls for his resignation.

Prime Minister Shigeru Ishiba on July 23 said there was no discussion about whether he would stay in office or resign during a meeting held t

The yen carry trade that crashed and burned last year may end up being one of the biggest beneficiaries of Japan’s seismic election result.The popularity of the strategy, which involves borrowing the relatively low-yielding yen and investing in other currencies offering higher returns,