Japan's LDP loses all three seats in Parliamentary by-election on Sunday

Source Fxstreet

Kyo News Agency reported late Sunday that Japan's ruling Liberal Democratic Party (LDP), headed by Prime Minister (PM) Fumio Kishida, lost three key seats in House of Representatives by-elections held earlier Sunday.

This comes even as the LDP chose not to contest in the Nagasaki and Tokyo by-elections. But it lost Shimane, a long-time held LDP prefecture.

The leading opposition Constitutional Democratic Party of Japan, led by left-leaning lower house lawmaker Kenta Izumi since November 2021, acquired all three seats by obtaining support from anti-LDP voters.

LDP Secretary General Toshimitsu Motegi, its No. 2 personnel after Kishida, told reporters in Tokyo, "We will humbly accept the results" of Sunday's by-elections, adding that the party "needs to work as one to grapple with the challenge."

 Kishida's term as party president expires in September and the defeat is unlikely to work in his favor later this year.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Wall Street Sounds Alarm: "Bitcoin's Four-Year Cycle Invalidated" - Will the Crypto Bull Market Persist?Wall Street Challenges Bitcoin's CyclicalityTradingKey - Recently, Wall Street firms led byJPMorgan, Bernstein, and ARK Invest ignited debate, asserting Bitcoin's four-year cycle is broken. They claim
Author  TradingKey
Yesterday 10: 19
Wall Street Challenges Bitcoin's CyclicalityTradingKey - Recently, Wall Street firms led byJPMorgan, Bernstein, and ARK Invest ignited debate, asserting Bitcoin's four-year cycle is broken. They claim
placeholder
Ethereum Price Eyes an Upside Break — But $3,350 Has Other IdeasEthereum is consolidating above $3,200 and its 100-hour SMA after defending $3,150, with a bullish trend line support at $3,180 and an upside breakout hinging on a clean move through $3,320–$3,350, while a drop below $3,150 would reopen $3,040–$3,000 support.
Author  Mitrade
Yesterday 03: 34
Ethereum is consolidating above $3,200 and its 100-hour SMA after defending $3,150, with a bullish trend line support at $3,180 and an upside breakout hinging on a clean move through $3,320–$3,350, while a drop below $3,150 would reopen $3,040–$3,000 support.
placeholder
Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US DollarGold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower. 
Author  FXStreet
Yesterday 01: 46
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower. 
placeholder
Judgment on the Fed's December Rate Cut and 2026 Monetary Policy Trend: Identifying Opportunities in the U.S. Stock Market1. IntroductionSince U.S. stocks pulled back from their late-October highs, they have staged a rebound after hitting a cyclical low in mid-to-late November. Currently, the S&P 500 has largely recouped
Author  TradingKey
Dec 11, Thu
1. IntroductionSince U.S. stocks pulled back from their late-October highs, they have staged a rebound after hitting a cyclical low in mid-to-late November. Currently, the S&P 500 has largely recouped
placeholder
Gemini Deepens Ripple Ties with RLUSD Rollout as Derivatives Arm Secures CFTC NodGemini integrates Ripple's RLUSD on XRPL and secures a CFTC license for prediction markets, though XRP price struggles at $2.02 despite strong ETF inflows.
Author  Mitrade
Dec 11, Thu
Gemini integrates Ripple's RLUSD on XRPL and secures a CFTC license for prediction markets, though XRP price struggles at $2.02 despite strong ETF inflows.
goTop
quote