The 67-year-old secured victory following a runoff vote, positioning him to lead the world’s fourth-largest economy when parliament convenes in October, thanks to the LDP’s majority in the lower house, reported CNN.
Ishiba has also pledged to tackle Japan’s rising inflation, promising a ‘full exit’ from high prices and a focus on ‘real wage growth’.
Outgoing Prime Minister Fumio Kishida, who announced his resignation in August after just one term, had sought to contain the fallout by reshuffling his cabinet and dismantling his own faction, but mounting scandals continued to plague his administration.
The story "Shigeru Ishiba to become Japan's next PM after winning LDP leadership race" has 625 words across 26 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Shigeru Ishiba to become Japan's next PM after winning LDP leadership race" was covered 5 hours ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 259 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Positive, indicating that people regard this as "good news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
