Japan backs Abe's economic reforms by voting ruling coalition for new term

Image
ANI London
Last Updated : Dec 15 2014 | 12:10 PM IST

Japan's ruling coalition has again won a two-thirds majority in parliamentary elections which were dubbed as a referendum on Prime Minister Shinzo Abe's economic policies.

Abe's Liberal Democratic Party (LDP) retained its House of Representatives along with the Buddhist-backed Komeito party by winning 325 seats out of 475. While the LDP won 290 seats, Komeito took 35, reported the BBC.

Abe called the snap vote to garner support for his economic reforms.

The main opposition party, the Democratic Party of Japan, won 73 seats.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 15 2014 | 12:00 PM IST

Next Story