EghtesadOnline: Unpopular policies and a slew of scandals triggered a slide in public support for Japanese Prime Minister Shinzo Abe that led to a heavy election defeat.

EghtesadOnline: Voters in the Japanese capital cast ballots on Sunday in an election that could spell trouble for Prime Minister Shinzo Abe, who is suffering from slumping support because of a scandal over suspected favoritism for a friend doing business.

EghtesadOnline: Asian stocks were mostly higher as oil extended the longest winning streak of the year. The yen swung in the wake of a crushing defeat of Japanese Prime Minister Shinzo Abe’s party in Tokyo elections .