JAPAN PM RESIGNATION
Japan's Topix hits record high, yen and bonds fall on PM Ishiba exit
Japan's Topix share gauge reached a record high, the yen weakened and longer-dated bonds slid on Monday after Prime Minister Shigeru Ishiba's resignation stoked speculation that his successor will raise government spending.
Who is Toshimitsu Motegi: former Foreign Minister and LDP veteran seeking Japan’s PM role
Former Japanese Foreign Minister Toshimitsu Motegi announces candidacy for Liberal Democratic Party leadership following PM Ishiba's resignation. Multiple candidates emerge for Japan's next prime minister position
Japan's Topix hits record high, yen falls as PM Ishiba resigns
Following Shigeru Ishiba's resignation, Japan's Topix index reached a record high, while the yen weakened amid speculation that his successor will increase government spending. Sanae Takaichi, a potential candidate known for expansionary fiscal policies, is seen as positive for equities but potentially challenging for the bond market.
Yen slides after Japan PM Ishiba resigns
Ishiba on Sunday announced his resignation, ushering in a potentially lengthy period of policy uncertainty at a shaky moment for the world's fourth-largest economy.
Japan's Prime Minister Shigeru Ishiba resigns
Japanese Prime Minister Shigeru Ishiba announced his resignation following his party's historic defeat in July's parliamentary election. Facing mounting pressure from within the Liberal Democratic Party, Ishiba's decision aims to prevent further division. A leadership vote is expected in early October to choose his replacement, with potential candidates including Shinjiro Koizumi and Yoshimasa Hayashi.
Japan's super-long bonds fall as PM Ishiba's aide intends to resign
Japanese super-long dated bonds experienced a downturn, pushing yields to unprecedented highs amid renewed concerns about the nation's financial stability. This market reaction followed news of a close aide to Prime Minister Shigeru Ishiba intending to resign. The 30-year JGB yield surged by 8 basis points to 3.28%, while the 20-year JGB yield climbed 7 bps to 2.
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Japan PM Shigeru Ishiba signals he'll stay amid resignation calls
Despite facing calls for his resignation following the Liberal Democratic Party's loss of its upper house majority, Japanese PM Shigeru Ishiba has declared his intention to remain in office. He emphasized his commitment to the people and the nation's future, citing the need to implement the US-Japan trade deal as a key responsibility.
Japan PM Shigeru Ishiba denies talk he will quit following election drubbing
If he does go, his departure less than a year after taking office will trigger a succession battle within the ruling Liberal Democratic Party as it contends with challenges from new political parties, particularly on the right, that are stealing its support.
Yen firms as investors gird for political uncertainty
The Japanese yen saw gains after the ruling coalition lost its upper house majority. Investors are concerned about policy issues and market instability. This comes before tariff talks with the United States. Prime Minister Shigeru Ishiba's party did not secure enough seats. The yen strengthened against the dollar and euro. Political uncertainty could lead to foreign investors selling Japanese assets.
Rice has become a major crisis point for the Japanese government and people — here's what’s happening
Rice is getting too expensive in Japan. Many people can’t afford it, and it’s becoming a big problem. The government is trying to fix it, but it’s also hurting the Prime Minister’s image.
Shigeru Ishiba, Sanae Takaichi face off in Japan ruling party vote for next PM
Japan's ruling Liberal Democratic Party is set to choose between former defence minister Shigeru Ishiba and hawkish Sanae Takaichi as the next prime minister. The winner will address regional security threats and economic challenges. Current Prime Minister Fumio Kishida is not seeking re-election, and the new leader will likely call a snap election.
Want to resign in a stress-free way? Learn from the Japanese how they do it
Resignation agencies are becoming more and more popular among employees due to Japan's intense work culture,
Japan PM Kishida's son to resign as secretary after 'inappropriate' behaviour, Kishida says
Kishida told reporters that Shotaro Kishida would step down as his secretary from Thursday, saying the change was due to "inappropriate" behaviour at the official residence. A magazine last week published photos of the younger Kishida and relatives apparently pretending to hold a news conference at the official residence, including the podium where the prime minister usually stands.
Harsimrat’s resignation shook up Modi, our Oct 1 march will shake Delhi’s throne: Sukhbir Badal
Badal also said that people who have brought the bills do not know much about agriculture and hence have framed wrong laws.
Japan's PM Shinzo Abe resigns, clearing way for successor
He said his health is improving thanks to treatment and that he, as a lawmaker, will support his successor-to-be, Yoshihide Suga, from now on. He also thanked the people for their understanding and strong support for the upcoming leadership under Suga.
Modi and Abe hold summit dialogue over phone; Indo-Japan Navy pact announced
Japanese envoy to India Satoshi Suzuki who signed the pact tweeted, "Great pleasure to sign the agreement concerning reciprocal provision of supplies and services between ＃JSDF and the ＃IndianArmedForces. Hope the agreement will further promote cooperation between them."
US President Trump pays Japan's Shinzo Abe 'highest respect,' plans to call him
Abe announced on Friday he was resigning because of poor health, his long-running battle with ulcerative colitis ending a tenure as Japan's longest-serving prime minister. Abe's team is arranging the call for Monday Japan time, with the prime minister informing the president directly about his resignation, Kyodo news agency said.
Shinzo Abe’s resignation unlikely to hit India-Japan annual summit plans
The proposed summit, to be held through video link, is significant for India as it is being held in the backdrop of the border standoff and China’s aggression in parts of the Indo-Pacific region.
Japan PM Shinzo Abe, Japan's longest-serving premier, resigns over worsening health
Abe has battled the disease ulcerative colitis for years and two recent hospital visits within a week fanned questions on whether he could stay in the job until the end of his term as ruling party leader, and hence, premier, in September 2021.
Nikkei closes down more than 1.4% after reports Japan PM to resign
The Nikkei 225 index fell 1.41 percent, or 326.21 points, to 22,882.65 after local media reported Abe was set to quit, hours before he was due to speak at a news conference.
Indian Foreign Secretary to visit Tehran as Bolton’s exit raises hopes of US-Iran talks
Indian Foreign Secretary Vijay Gokhale is visiting Iran for 16th Foreign Office Consultations on 15-16 Sept.
What changed your market while you were sleeping
Shares of Aditya Birla Capital, the newly-formed financial services company of the Aditya Birla Group, will be listed on the BSE and the NSE on Friday.
Of prime ministerial hair and ear pulling
After all, politicians are not usually upbraided for hair pulling and the PM is a repeat offender, even if it is a puerile misdemeanor, not a felony.
Ashwani Kumar appointed as Prime Minister’s special envoy with Cabinet rank
Ashwani Kumar has been appointed as the prime minister’s special envoy with Cabinet rank.
PM appoints Ashwani Kumar as special envoy with cabinet rank to visit Japan
Ashwani Kumar has been appointed by PM Manmohan Singh as his Special Envoy to visit Japan in the rank of a Cabinet Minister.
Twin trouble for UPA: SP keeps Congress guessing, govt on tenterhooks over UNHRC resolution
While UPA govt is still in majority, the need to maintain both BSP and Samajwadi Party's support has the Congress under pressure.
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Behind every successful man, there is a woman.
US, Japan relations unaffected by PM's resignation: US
The White House said Wednesday Japan was one of America's "best friends" in the world, and that the relationship would not be adversely affected by the departure of Prime Minister Yukio Hatoyama.
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