Japanese Prime Minister Shigeru Ishiba has vowed to remain in office, despite exit polls indicating that his Liberal Democratic Party's ruling coalition has lost its majority in the country's upper house.

Japan’s top trade negotiator Ryosei Akazawa said he’s aiming to visit Washington next week to continue efforts to win tariff concessions after talks on Saturday with US Treasury Secretary Scott Bessent didn’t touch on the issue.

Wall Street stocks gained ground on Monday, while Treasury yields softened at the top of a busy week of corporate earnings reports, as tariff negotiations between the U.S. and its trading partners ramped up in the face of a fast-approaching August 1 deadline.

Japan’s ruling coalition is likely to lose its majority in the upper house, exit polls showed after Sunday’s election, potentially heralding political turmoil as a tariff deadline with the United States looms.

Ishiba's ruling Liberal Democratic Party and its junior coalition partner Komeito were short three seats to maintain a majority in the 248-seat upper house in Sunday's vote.

TOKYO (Reuters) -Japan's top tariff negotiator, Ryosei Akazawa, said on Saturday he planned to visit Washington next week to hold further ministerial-level talks with the U.S. Tokyo is hoping to meet an August 1 deadline to reach a deal to avert President Donald Trump's tariff of 25% on imports from Japan.

Japan’s ruling coalition has lost its majority in the country’s upper house, but Prime Minister Shigeru Ishiba has said he has no plans to quit. Voters

In today’s edition … How the Japanese Diet is getting in the way of a trade deal ... Congress approves Trump’s foreign aid and public broadcast cuts.

In Japan, the ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power as a tariff deadline looms