7/21, 9:50 PM (Source: TeleTrader)
more TeleTrader news

Abe's coalition to win majority in upper house - media

Japan's governing coalition, led by Prime Minster Shinzo Abe, has won the majority in the country's national elections, local media reported. However, the coalition failed to win two-thirds majority needed for the revision of the 1947 pacifist Constitution.

Abe's Liberal Democratic Party and its coalition partner, the Komeito party, will reportedly take 67-77 of the 124 seats being contested in parliament's 245-seat upper house, Japan's national public broadcasting organization NHK said, citing exit poll data. The victory opens the way for Abe to become Japan's longest-serving democratic leader if he stays on until November.

"I believe the people chose political stability, urging us to pursue our policies and carry out diplomacy to protect Japan's national interests," Abe commented on the polls.

Breaking the News / MD