Japan’s Prime Minister Ishiba denies reports suggesting he could resign in August: Reuters

Japan’s Prime Minister Ishiba denies reports suggesting he could resign in August: Reuters


Japan’s Prime Minister Shigeru Ishiba addresses the media at the vote counting center in the Liberal Democratic Party headquarters in Tokyo on July 20, 2025.

Franck Robichon | Afp | Getty Images

Japan’s embattled Prime Minister Shigeru Ishiba has denied media reports that he was considering resigning, according to Reuters.

Local media outlets earlier in the day said that Ishiba was unsure of his future and would take a call on whether to continue as prime minister in August.

On Wednesday, U.S. President Donald Trump announced that he had reached a “massive Deal” with Japan, potentially strengthening Ishiba’s leadership, just days after Japan’s governing coalition lost its majority in the country’s upper house elections.

Japan’s Mainichi newspaper reported Wednesday that the prime minister intended to announce his resignation by August, according to a Google translation of the report in Japanese.

Japanese media outlet Yomiuri had reported earlier in the day that Ishiba would decide whether to stay on as prime minister after assessing the progress of tariff negotiations.

Japan’s Jiji Press reported that “he would soon decide whether to step down or not,” adding that a senior member of Ishiba’s Liberal Democratic Party predicted that Ishiba would step down in August.

The Sankei newspaper, likewise, said that he would make the final decision on his future in August, and added that if he decides to step down, Ishiba would be expected to select a new party leader in September and hold an election for the nominee in October.

Some reports, such as the Nikkei newspaper’s, revealed that Ishiba will on Wednesday be in an “unusual” meeting with LDP Chief Advisor Taro Aso, Vice President Yoshihide Suga, and former Prime Minister Fumio Kishida.

Nikkei also said that Ishiba “will discuss his future with the former prime minister.” Ishiba said that he did not discuss his resignation, and “shared [a] strong sense of crisis with the former prime minister,” Reuters reported.

With the upper house loss, this is the first time that the LDP is a minority in both houses. The party lost its majority in the lower house last October.

Ishiba himself has not made any public remarks on his future, only saying after the election that he would stay on as prime minister.



Source

Musk’s Grok AI is now on the Kalshi, Polymarket betting apps. What could go wrong?
World

Musk’s Grok AI is now on the Kalshi, Polymarket betting apps. What could go wrong?

Nurphoto | Nurphoto | Getty Images Elon Musk is now a driving force in prediction markets. Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi’s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival. Kalshi, the company that turned heads with a made-with-AI […]

Read More
What the prediction markets are saying about the big Wall Street events ahead
World

What the prediction markets are saying about the big Wall Street events ahead

The coming week poses a critical test for the stock market’s record-setting run with a number of make-or-break events — the Federal Reserve ‘s rate decision, July jobs report and President Donald Trump’s tariffs deadline. Popular wagers on prediction platforms Kalshi and Polymarket offer an alternative view into how the mainstream thinks things will unfold […]

Read More
Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025
World

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir has hit another major milestone in its meteoric stock rise. It’s now one of […]

Read More