[ad_1] Prime Minister Shigeru Ishiba’s grip on power weakened further after his Liberal Democratic Party (LDP) and coalition partner Komeito lost their majority in Japan’s upper house elections on July 20. The vote marks a historic shift: For the first time since 1955, the LDP does not control either house …

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[ad_1] The proposed $47 billion acquisition of Japan’s Seven & i Holdings by Canada’s Alimentation Couche-Tard (ACT) would have been the largest foreign takeover in Japanese history. Instead, after nearly a year of overtures, negotiations, and political maneuvering, ACT withdrew its offer in mid-July, citing a persistent lack of engagement …