Japanese PM Vows Stability Post-Election Loss As Ruling Coalition Loses Lower House Majority

Japanese Prime Minister Shigeru Ishiba intends to maintain government control following the Liberal Democratic Party's loss of its parliamentary majority in the recent election. Ishiba pledged to advance national politics and promised a new economic stimulus package. Ishiba acknowledged voter distrust stemming from political funding issues, and LDP admitted these issues influenced the election's "harsh result." This loss marks the first time since 2009 that the LDP fell short of a majority, weakening its position amid inflation concerns and past corruption scandals that split the party.