TechFlow, July 23 — According to Jinshi Data, Japanese Prime Minister Shigeru Ishiba stated this afternoon (July 23) to the media that reports by Japanese outlets claiming he will resign are "entirely without factual basis." Ishiba said he had just concluded meetings with senior Liberal Democratic Party advisor Taro Aso, former Prime Ministers Yoshihide Suga and Fumio Kishida, and that they "did not discuss resignation." Reports suggesting his intention to step down are completely false. Ishiba reiterated that he will remain in office and continue governing. U.S. financial analyst Justin Low commented that Ishiba has not yet formally conceded defeat, but at this point, his fate appears sealed. The ruling Liberal Democratic Party is set to hold an internal meeting on July 31, which is expected to be the final blow for Ishiba. Japan's asset markets show clearly mixed sentiment—equities rise, bonds sell off, and the yen fluctuates, attempting to balance the impact of trade news and political uncertainty.
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