Asian shares climbed after Prime Minister Shigeru Ishiba announced his resignation, with Japan’s benchmark showing a notable uptick. The region’s markets appeared optimistic, suggesting investor confidence remained strong despite the political shift.

Japanese Prime Minister Shigeru Ishiba faces increasing calls to resign following his ruling party’s historic loss in a weekend election. Ishiba has stated he will decide on his resignation after thoroughly reviewing a newly established tariff deal with the United States.