1. Prime Minister Ishiba Shigeru says his party’s coalition will seek to stay in power, despite suffering a crushing blow in the Lower House election. Ishiba said: “We have received an exceptionally harsh judgement from the public. It is deeply regrettable that our LDP, along with our coalition partner Komeito, has lost many valued members. We must humbly and solemnly accept this outcome, reflect sincerely, and work toward a complete renewal of our party. 2. Japan’s ruling coalition lost its Lowe House majority in Sunday’s general election, with the opposition seeing significant gains. Financial markets in Tokyo on Monday reacted sharply to the results. The yen weakened against the dollar while stocks popped. Investors sold off the Japanese currency, believing that political uncertainty may slow interest rate hikes. 3. The Chairman of the Japan Business Federation urged Japan’s political parties to focus on policies to help the economy grow and overcome current challenges. Tokura Masakazu, head of the group known as Keidanren says voters showed their dissatisfaction with Liberal Democratic Party following slush fund scandal. He says the party should sincerely accept the result. However, he added that the party and its coalition partner Komeito must help ensure the continuation of stable policies to guide the economy.