Shigeru Ishiba
Tokyo stocks plunged on strong yen and PM election
Stocks plunged in Tokyo on Monday after the yen surged in reaction to Shigeru Ishiba's election last week as the head of Japan's ruling party, which boosted expectations the Bank of Japan will continue hiking interest rates.
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Japan to formally elect new PM on Oct 1
Japan's new prime minister will be formally elected by parliament on Oct. 1 following next week's leadership contest, a ruling party official said on Wednesday.
Polls indicate that three frontrunners are emerging among the nine candidates to succeed Fumio Kishida as head of the Liberal Democratic Party (LDP) in the Sept. 27 internal vote.
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Race to become Japan's next PM kicks off
Japan's leadership race kicked off on Thursday with a record nine candidates, including the surfing son of a former prime minister and an arch-nationalist, vying to be the first woman premier.
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