Japanese Prime Minister Shigeru Ishiba said Monday he will stay in office to tackle challenges such as rising prices and high U.S. tariffs after a weekend election defeat left his coalition with a minority in both parliamentary chambers and triggered calls for his resignation.

By Chris Summers Contributing Writer Japanese Prime Minister Shigeru Ishiba, leader of the center-right Liberal Democratic Party, said on Monday he would not stand down after losing a key election on

Shigeru Ishiba’s ruling Liberal Democratic Party and its junior coalition partner Komeito were three seats short of maintaining a majority.