Muted market reaction to Japan election

Business Matters

Japan’s Prime minister Shigeru Ishiba has said he will not step down despite failing to win a majority in Sunday's elections. We examine the market’s reaction to the loss and look ahead to whether the opposition parties could form a ruling coalition.

We look at Pennsylvania, one of the crucial swing states that may decide US the election. Rahul Tandon examines the shifting voter demographics in industries such as steel manufacturing and trucking. Also, in Germany, Volkswagen plans to close three plants, lay off thousands of workers and cut pay by 10%, according to trade unions in negotiations with the car giant.

Rahul is joined by Stephen Nagy, Senior Associate Professor at the Department of Politics and International Studies, International Christian University, Tokyo and Anneke Green - Republican Political Strategist at Reach Global Strategies and former political speech writer.