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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Japan's LDP Wins Majority, Plans Stimulus Package
Japan's Liberal Democratic Party headed by Fumio Kishida got 261 seats out of 465 seats by losing 12 seats at the Sunday's election but the LDP secured a sole majority in the lower house, local media reported on Monday.
Prime Minister Kishida will rush to restart the economy with stimulus spending plans to be unveiled as early as this month while preparing for the next surge in COVID-19 infections. The prime minister is considering resumption of a domestic travel subsidy programme with some modifications and promised to compile a supplementary budget by the end of this year.
The coalition including partner Komeito got 293 seats compared to 172 seats for the opposition, meaning that the ruling party (LDP and New Komeito) gained the two thirds majority needed to propose constitutional amendments.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.