Japanese Prime Minister Shigeru Ishiba has vowed to remain in power to oversee the implementation of a new Japan-U.S. tariff agreement

Embattled Japanese Prime Minister Shigeru Ishiba denied media reports that he is set to announce his resignation, in an apparent bid to extend his premiership despite an election setback earlier in the week.

Japanese PM Shigeru Ishiba dismisses reports that he will step down next month - The 68-year old leader said media reports that he had already decided to resign were ‘completely unfounded’

Progress in relations between China and Japan could lose some steam if embattled Japanese Prime Minister Shigeru Ishiba steps down following a crushing electoral loss. Ishiba, leader of the Liberal Democratic Party (LDP), has come under intense pressure since the ruling coalition’s defeat in upper house elections on Sunday.

The embattled prime minister said he would remain in office to oversee tariff talks with the United States and other pressing matters.

President Donald Trump on Sunday escalated his call for the Washington Commanders to change their name back to the “Redskins,” threatening to restrict the NFL team’s stadium deal if they don’t, though it’s unclear how he would be able to.

The yen carry trade that crashed and burned last year may end up being one of the biggest beneficiaries of Japan’s seismic election result.