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Japan’s coalition poised to keep power

Bloomberg Japanese Prime Minister Fumio Kishida’s ruling party may be on track for its worst election result in 12 years, but is expected to stay in power with help from its junior coalition partner, according to exit polling by broadcaster NHK from Sunday’s election. The LDP alone is set to win 212-253 seats in the 465-seat body after the vote, ...

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Georgian ruling party wins local vote

Bloomberg Georgia’s ruling party all but swept the board in second-round local elections that have been marred by violence and claims by the opposition that the vote was unfair. Only in one municipality did the ruling Georgian Dream party fail to beat the United National Movement, the Central Election Commission said on Sunday. In the battle for mayor of the ...

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China rushes nearly $156bn into banks in just two weeks

Bloomberg China is pushing almost a trillion yuan ($156 billion) of funds into the banking system in just two weeks, reinforcing a signal that it will use short-term liquidity to sustain growth rather than ease monetary policy. In a pattern seen also in September, the People’s Bank of China (PBOC) has been injecting huge amounts of cash through open-market operations ...

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