Shigeru Ishiba Denies Resignation Amid Political Turmoil

Japanese Prime Minister Shigeru Ishiba has dismissed reports suggesting his imminent resignation in the face of a damaging electoral defeat. He firmly stated that claims about his future intentions are groundless.

The alleged rumors followed Ishiba's recent unveiling of a trade deal with U.S. President Trump, aiming to lower tariffs on Japanese auto exports while averting harsher levies on other products. Ishiba reportedly avoided resigning immediately after the vote to avert political instability amid crucial trade negotiations.

His prospective resignation could initiate a leadership battle in the ruling Liberal Democratic Party. This could be exacerbated by new political entities, particularly those on the far-right that are eroding traditional support bases. The 'Japanese First' Sanseito party notably expanded its presence, promoting anti-immigration and reduced taxation policies.

(With inputs from agencies.)