Japan's ruling coalition has lost its majority, sparking political upheaval in the country. The Liberal Democratic Party (LDP) had held a slim majority in the Lower House since 2012. The loss is attributed to a split within the party and the rise of opposition parties. The development may lead to increased instability and uncertainty, potentially impacting Japan's economic and foreign policy decisions.

Source: https://www.bloomberg.com/news/newsletters/2024-10-27/japan-faces-political-upheaval-as-ldp-coalition-loses-majority