Shigeru Ishiba to Stay as Japan PM Despite Election Loss

• Shigeru Ishiba plans to remain as Japan PM despite a loss in House polls.

• The decision comes after a weekend election defeat left his coalition with a minority in both parliamentary chambers.

• Ishiba’s ruling Liberal Democratic Party and its junior coalition partner Komeito were short three seats to maintain a majority in the Upper House.

• The loss does not lead to a change of government as the Upper House lacks power to file a no-confidence motion against a leader.

• Ishiba aims to avoid creating a political vacuum and tackle impending challenges, including the August 1 deadline for a tariff deal with the U.S.