Bad Polls for Japan's Ruling Coalition May Cloud BOJ Rate Path [Yahoo! Finance]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
Most Read from Bloomberg A Kyodo News poll showed 22.6% of respondents backing Ishiba's ruling Liberal Democratic Party in the election, with the lead over the opposition Constitutional Democratic Party narrowing to 8.5% from 14% in a survey taken a week earlier. Another poll by the Asahi newspaper showed the LDP will likely lose its majority in the lower house of parliament and may not even secure a majority in coalition with its long-running partner Komeito. Failure to win a clear mandate for his government would complicate Ishiba's scope for pressing ahead with policy initiatives and weaken his leadership of the party. If Ishiba falls short of achieving a majority for the ruling coalition, that would be seen as a clear loss that may threaten his survival as leader. “If the LDP and Komeito fail to secure a majority, the impact will be significant. The future of the Ishiba administration would become uncertain,” said Koya Miyamae, an economist at SMBC Nikko Securities Inc.
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SMFG
Sec Filings
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- SMFG's page on the SEC website