Sanseitō, an ultranationalist populist party, gained in Japan’s elections after framing immigration as a central issue.

The loss on Sunday left the Liberal Democrats a minority party in both houses of Parliament, while two new nationalist parties surged.

Japan’s right wing Sanseito party made surprise gains in Sunday’s election after running an anti-foreigner campaign

The Sanseito party tapped into discontent over issues galvanizing voters worldwide: inflation, immigration and a political class dismissed as out of touch.

A mix of LDP hubris and inaction contributed to its electoral setback – and the rise of textbook-style populism.

Japanese Prime Minister Shigeru Ishiba pledges to remain in office after his coalition's defeat in upper house elections. Facing internal and external pressures, Ishiba grapples with rising consumer prices and U.

Following similar trends overseas, several Japanese political parties are announcing tougher regulations against foreigners in the Upper House election campaign as xenophobic sentiment spreads among certain segments of the voting population.

The issue of foreigner friendliness is of particular importance to international fund managers who have seen Tokyo lay down the welcome mat in recent years and provide them with eveything from one-stop investment assistance and mandates to help with housing and education.

Japanese voters are participating in a crucial upper house election that could determine the fate of Prime Minister Shigeru Ishiba's leadership amidst rising inflation and trade tensions with the US.

TOKYO -- Populist upstart party Sanseito, which has gained traction with a "Japanese First" message, is in hot water after reports that one of its candidates for Sunday's upper house election did an interview with Russian state-owned media.

Heading into the most consequential Japanese upper house election in memory and a possible defeat for the coalition of Prime Minister Shigeru Ishiba, investors are weighing whether a record sell-off in the nation's debt has further to run.