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Japan PM hangs on after 'extremely regrettable' election.

Japan's Prime Minister Shigeru Ishiba.[AFP]

Japanese Prime Minister Shigeru Ishiba clung on Monday even after his coalition suffered what he called an "extremely regrettable" election result, as painful new US tariffs loom.

In Sunday's election Ishiba's Liberal Democratic Party (LDP), which has governed almost continuously since 1955, and its partner Komeito fell a projected three seats short of retaining a majority in the upper house.

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