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Fumio Kishida outperforms election expectations

From orfonline.org

Fumio Kishida can breathe a little more easily in the Kantei after his party’s surprisingly strong showing in the recently concluded Japanese general election. Kishida’s markedly lower approval rating than his predecessors and lingering dissatisfaction with the ruling Liberal Democratic Party’s handling of the COVID-19 pandemic led many to conclude that the LDP was heading for an electoral setback. While few expected the LDP to outrightly lose power, Japan’s most durable political party demonstrated just why it has managed to rule Japan for over 70 years by dropping just 15 seats and securing a sole majority in the ... (full story)

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  • Category: Fundamental Analysis