NHK exit poll shows PM Ishiba's LDP and coalition partner Komeito likely to win 174–254 of 465 seats, with main opposition CDPJ projected to gain 128–191 seats in Japan's lower house.
Japanese shares fell more than 4% on Monday as the yen strengthened in reaction to the leadership victory by Ishiba, who is seen as a monetary policy hawk.
The 67-year-old prevailed over hardline nationalist Sanae Takaichi in an unpredictable and closely-fought election which had a record 9 candidates contesting.
The US Typhon missile deployment in Japan risks straining diplomatic ties, sparking domestic unrest, and harming Japan's economy, experts warn of broader regional instability.
Centered in Pacific Ocean Typhoon Shanshan has drenched large areas with torrential rain triggering floods & landslide warnings across Japan. Subsequently, authorities have halted air, rail services.
Kishida's public support eroded amid revelations about the party's ties to controversial Unification Church, unrecorded political donations made at LDP fundraising parties.
WEF report flags growing erosion of multilateralism, long considered stabilising force. 'Declining trust, heightened protectionism are threatening trade, investment.'
The proposed project costing about Rs 3.25 lakh crore will entail procurement of 18 aircraft in fly away condition & the rest made in India with up to 60% indigenous content.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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