The Liberal Democratic Party lost its parliamentary majority for the first time in 12 years, and only the third time since 1955. Markets’ reaction was muted and contradictory. The iShares MSCI Japan exchange-traded fund nudged up less than 1%.

A decade-long effort to boost shareholder returns in Japan can probably continue to gain momentum. That's despite a drubbing at the polls on Sunday for the scandal-hit Liberal Democratic Party which cost Prime Minister Shigeru Ishiba's coalition its parliamentary majority.

Japan’s ruling coalition is in danger of losing its majority in the lower house of parliament for the first time since 2009, and strategists see the yen and stocks falling on such an outcome.

Japanese Stocks Surge Despite Political Uncertainty Japanese stocks experienced a significant rise on Monday as the yen plummeted to a three-month low. This decline followed Prime Minister Shigeru Ishibas

Global stocks rose on Monday, ahead of a week stacked with earnings from Wall Street's "Magnificent 7", while the yen sank after an election in Japan thrust the country into political turmoil, and oil slid as tensions in the Middle East ebbed.

STORY: It was a dramatic few hours for Japanese politics. Prime Minister Shigeru Ishiba said it had been a ‘tough ride’, as results indicated a drubbing for his ruling coalition. The Liberal Democratic Party and partner Komeito were set to fall well short of a majority,

The make-up of Japan's future government was in flux on Monday after voters punished Prime Minister Shigeru Ishiba's scandal-tainted coalition in a weekend snap election, leaving no party

Japan’s ruling coalition lost its parliamentary majority in a drubbing at Sunday’s national election, raising uncertainty over the make-up of the next government and the outlook for the world’s fourth-largest economy.

Asian shares rose on Monday, as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower house in weekend elections. View on euronews