Japanese stocks tumble amid fears of rising taxes after Ishiba elected ruling party leader and set to be PM

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TOKYO, Sept 30 — Japanese equities plunged today on the back of concerns that incoming prime minister Shigeru Ishiba wil...

Ishiba has said he supports the Bank of Japan, long an outlier among central banks, continuing to normalise its monetary easing policies.

Gen Nakatani, a veteran former defence minister, will return to his old job while Takeshi Iwaya, another former defence minister, will come in as foreign minister, the reports said.

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Category: EconomyBusiness

Markets: MalaysiaJapanNorth KoreaSouth KoreaMaliOmanPhilippines

Topics: Japanese stock market Shigeru Ishiba Liberal Democratic Party

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-09-30 @ 11:05:11 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

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