Asian shares were mixed on Tuesday after U.S. stock indexes inched to more records at the start of a week of profit updates from big U.S. companies. Japan’s benchmark surged and then fell back as it reopened from a holiday Monday following the ruling coalition's loss of its upper house majority in Sunday's election.

Internal rivals and a resurgent nationalist right are jeopardising Prime Minister Shigeru Ishiba's already precarious position With his grasp on power slipping, Japan's Prime Minister Shigeru Ishiba has vowed to remain in office despite a stinging electoral rebuke that plunged his ruling coalition into fresh turmoil.

The yen climbed across the board on Monday after beleaguered Japanese Prime Minister Shigeru Ishiba vowed to hang on as leader even though his ruling coalition lost its majority in Sunday's upper house elections,

Exit polls suggest Prime Minister Shigeru Ishiba's coalition is likely to lose a majority its majority in the smaller of Japan’s two parliamentary houses in a key election.

WASHINGTON -- The U.S.-Japan alliance has entered a period of uncertainty, American think tank analysts say, after Sunday's upper house Diet election resulted in Japan's ruling Liberal Democratic Party having lost its majority in both legislative chambers for the first time since its founding in 1955.

TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba on Monday stressed the need to establish a common understanding among parties on the pros and cons of cutting the country's sales tax rate. Cutting the sales tax could increase household income temporarily,

Japanese Prime Minister Shigeru Ishiba will continue in office despite his party's election loss. He emphasised preventing a political vacuum and addressing issues like rising living costs, while planning to negotiate with the US on tariffs ahead of the August 1 deadline.

Pending tariffs from America and a political deadlock are threatening Japan’s economic stability.