Japan PM Kishida steps down before likely successor Ishiba takes office

Quick Summary:

Japan's Prime Minister Fumio Kishida resigned with his Cabinet, paving the way for his likely successor Shigeru Ishiba to take office.

Ishiba was chosen as the governing Liberal Democratic Party's leader on Friday to replace Kishida, who announced in August his resignation at the end of his three-year term.

Ishiba is assured to be prime minister later on Tuesday in a vote by parliament because it is dominated by his party's ruling coalition.

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Category: BusinessFinance

Markets: IndiaAustraliaChinaJapanNorth KoreaSouth KoreaNew ZealandPhilippinesUkraineUnited States

Topics: Shinzo Abe Prime Minister Fumio Kishida Shinjir Koizumi Leader Ishiba Liberal Democratic Party (Japan) presidential election Shigeru Ishiba Chief Cabinet Defence minister Secretary general Kishida Agriculture minister Yoshimasa Hayashi Parliamentary election Secretary Liberal Democratic Party

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 09:15:20 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 257 words

Reading Time: 2 minutes read

Sentences: 30 lines

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Copyright Owner: © Business Standard

News ID: 22827542

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