Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Mourners throng Abe’s wake as his party secures sombre Japan election win
    Top Stories

    Mourners throng Abe’s wake as his party secures sombre Japan election win

    Mourners throng Abe’s wake as his party secures sombre Japan election win

    Published by Jessica Weisman-Pitts

    Posted on July 11, 2022

    Featured image for article about Top Stories

    By Satoshi Sugiyama and Andrea Shalal

    TOKYO/NARA (Reuters) – Mourners streamed into a temple in Tokyo to pay their respects to Japan’s slain former premier Shinzo Abe on Monday, as his assassination overshadowed an election win for the ruling party he had dominated.

    Current Prime Minister Fumio Kishida, who has the chance to cement his own power following Sunday’s election gains, and U.S. Treasury Secretary Janet Yellen were among the hundreds at Abe’s wake, three days after he was shot at an election rally.

    A private funeral for Abe, who resigned in 2020 and was Japan’s longest-serving premier, is scheduled for Tuesday.

    “There is a profound sense of sorrow at his loss,” Yellen told reporters outside the temple, where she placed incense in Abe’s honour and greeted his family.

    “Prime Minister Abe was a visionary leader and he strengthened Japan…I know that his legacy will live on,” she added.

    Abe’s shooting shocked a nation where political violence and gun crime is rare.

    The suspected killer, arrested at the scene and identified by police as 41-year-old Tetsuya Yamagami, believed Abe had promoted a religious group to which his mother made a “huge donation”, Kyodo news agency has said, citing investigators.

    The Unification Church, a controversial group known for its mass weddings and devoted following, said on Monday the suspect’s mother was one of its members.

    Neither Abe nor Yamagami were members of the church, said Tomihiro Tanaka, president of its Japan branch, adding that it would cooperate with police if asked to do so.

    Reuters was not immediately able to contact Yamagami’s mother and could not determine whether she belonged to any other religious organisations.

    SOMBRE VICTORY

    In elections held on Sunday, the Liberal Democratic Party (LDP) and its ruling coalition partner extended their majority in the upper house of parliament. With a majority already in place in the lower house, what would have been a celebratory mood at LDP headquarters in usual circumstances turned sombre.

    A moment of silence for Abe was offered in his memory, and Kishida’s face remained grim as he pinned rosettes next to winning candidates’ names on a board in a symbol of their victory.

    Abe’s death has drawn condolences from leaders around the world, from Britain’s Queen Elizabeth to Chinese Premier Xi Jinping.

    U.S. Secretary of State Antony Blinken met with Kishida during a brief stopover on Monday to offer messages of support on behalf of President Joe Biden.

    Vice President William Lai became Taiwan’s most senior official to visit Japan in five decades as he made a private trip to Tokyo to pay his respects.

    At the wake, a line of black sedan cars, including several with diplomatic plates, dropped off dignitaries and family at Tokyo’s Zojoji temple, where the ex-premier’s body lay.

    Dressed in black, some of those gathered mopped their brows as they queued beneath the steps leading to the temple in the sultry evening air.

    A part of the temple was also open to members of the public who crowded in to lay flowers. “I feel so sad that a prime minister who dedicated himself for Japan died this way,” said Naoya Okamoto, a 28-year old who works in construction.

    “He was the prime minister who demonstrated to the world a strong Japan once again.”

    PARTY INFLUENCE

    Abe remained influential in the LDP party even after he stepped down in 2020 citing ill health.

    The LDP and its junior partner Komeito won 76 of the 125 seats contested in the chamber, up from 69 previously. The LDP alone won 63 seats, up from 55, to win a majority of the contested seats, though it fell short of a simple majority on its own.

    With no elections set for another three years, Kishida, an Abe protege, now has an unusually long breathing space to attempt to implement his own agenda. That includes expanding defence spending and revising Japan’s pacifist constitution – a long-held dream of Abe’s.

    Abe led the largest faction within the LDP, and analysts said his death could lead to potential turmoil within the party that might challenge Kishida’s control.

    Kishida told a news conference that he would take up the difficult problems that Abe was not able to resolve, such as revising the constitution, adding that he hoped there could be discussions on the topic during the next session of parliament.

    “We gained strength from voters for stable government of this nation,” Kishida told a news conference.

    (Reporting by Satoshi Sugiyama in Nara, and Chang-ran Kim, Mariko Katsumura, Kiyoshi Takenaka and Andrea Shalal in Tokyo; Writing by Elaine Lies, Simon Cameron-Moore and John Geddie; Editing by Kenneth Maxwell and Hugh Lawson)

    Related Posts
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Top Stories PostForeign Secretary Truss enters race to become next British prime minister
    Next Top Stories PostUkraine and Russia: What you need to know right now

    More from Top Stories

    Explore more articles in the Top Stories category

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    View All Top Stories Posts