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☆ LDP election: Japan’s next prime minister could be its first woman leader
▼ + stars: | 2024-09-26 | by ( Helen Regan | ) edition.cnn.com time to read: +6 min

CNN —Japan’s ruling party will elect its new leader Friday, and the winner will become the country’s next prime minister. Prime Minister Fumio Kishida is not in the running after his surprise announcement last month that he would step down following a series of political scandals that fueled calls for him to resign. With the upcoming US presidential election, the new prime minister will navigate Japan’s relations with a new American leader at a time of growing security challenges in Asia, including an increasingly assertive China and a belligerent North Korea. Koizumi, 43, is the US-educated, charismatic son of popular former prime minister Junichiro Koizumi, and could be Japan’s youngest prime minister of the post-war period. He sits on the more progressive wing of the conservative party.

Persons: CNN —, Shinjiro Koizumi, Shigeru Ishiba, Fumio Kishida, haven’t, Kishida, “, Koizumi, ” Yu Uchiyama, Margaret Thatcher, Shinzo Abe, –, Junichiro Koizumi, acceding, Ishiba Organizations: CNN, Liberal Democratic Party, LDP, Partnership, Tokyo University, Reuters, Bank of, NATO Locations: Japan, China, Japan’s, American, Asia, North Korea, Pacific, South Korea, Bank of Japan

☆ Bitcoin jumps while Japan holiday dulls most currencies
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: +4 min

The Bank of Japan left interest rates unchanged last week and indicated it was not in a hurry to hike them again. That decision, coming just days after the Fed's 50 basis points rate cut, put a pause to the yen's sharp gains this month. With Japan closed for Autumnal Equinox Day, the main driver of trade was expectations around further Fed rate cuts and the gains those have spurred in equities, commodity currencies and other risk assets. The Fed's rate cut "appears to have calmed market fears of a U.S. recession", Goldman Sachs said in a note. Meanwhile, the majority of economists polled by Reuters anticipate two more 25 bps rate cuts at the Fed's final two meetings this year.

Persons: Bitcoin, Goldman Sachs, Christopher Waller, Fumio Kishida, Takaichi —, —, Shigeru Ishiba, Shinjiro Koizumi, Junichiro Koizumi, Takaichi, pare Organizations: Federal, Bank of Japan, Japan, U.S, U.S ., FedWatch, Treasury, Reuters, House Republicans, Liberal Democratic Party, Barclays, The Bank of Locations: United States, Japan, U.S, The Bank of England

☆ Ex-defense minister Ishiba tops corporate Japan's premier wish list, Reuters poll shows
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +2 min

Japanese former Defense Minister Shigeru Ishiba speaks during a press conference at the Foreign Correspondents' Club of Japan on Sept. 6, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty ImagesFormer defense minister Shigeru Ishiba is corporate Japan's top choice to replace Prime Minister Fumio Kishida, edging out Sanae Takaichi, who strives to become the nation's first female premier, a Reuters survey showed on Thursday. About 24% of respondents named Ishiba as the most desirable candidate, compared with 22% for Economic Security Minister Takaichi and 16% for Shinjiro Koizumi, the 43-year-old son of former premier Junichiro Koizumi. watch nowIshiba generally fares better than Koizumi in public opinion polls, but Koizumi has often come out on top among LDP supporters. Ishiba has held cabinet portfolios for agriculture and reviving local economies besides serving as defense minister and LDP policy chief.

Persons: Shigeru Ishiba, Tomohiro Ohsumi, Fumio Kishida, Sanae Takaichi, Kishida, Takaichi, Shinjiro Koizumi, Junichiro Koizumi, Koizumi, Ishiba, Kazuo Ueda Organizations: Defense, Foreign, Club of Japan, Getty, Former, Liberal Democratic Party, LDP, Economic Security, Bank of Japan Locations: Tokyo, Japan, United States

☆ Japan's next prime minister could be the youngest candidate in a crowded election for party leadership
▼ + stars: | 2024-08-29 | by ( Lin Lin | ) www.cnbc.com time to read: +2 min

Japan's Environment Minister Shinjiro Koizumi delivers a speech during a press conference at the prime minister's office in Tokyo on September 17, 2020. Charly Triballeau | AFP | Getty ImagesJapan's ruling Liberal Democratic Party is set to elect a new leader in September and, by extension, the country's next prime minister. Along with 49-year-old Takayuki Kobayashi, who has already announced his candidacy, the two contenders are seen as the choices for generational change in the party election. Nishimura said Koizumi stands a good chance of gaining votes from both LDP Diet members as well as rank-and-file members across Japan. The winner of the LDP election will need to secure a majority of the vote.

Persons: Shinjiro Koizumi, Charly Triballeau, Junichiro Koizumi, Takayuki Kobayashi, Koizumi, Rintaro Nishimura, Nishimura, getters Organizations: AFP, Getty, Liberal Democratic Party, The Asia Group, Diet Locations: Tokyo, Fukushima, Japan

☆ Japan PM to Include Five Women in Cabinet - Media
▼ + stars: | 2023-09-12 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida's cabinet will include five female ministers, the same number as in two previous administrations, Japanese media reported on Wednesday, as the premier seeks to boost his sagging ratings with fresh faces. About 43% of respondents disapproved of Kishida's leadership while 36% approved, according to a poll by public broadcaster NHK conducted last week. Yoko Kamikawa, a former justice minister who oversaw the execution of the Aum Shinrikyo doomsday cult that carried out a deadly sarin gas attack on the Tokyo subway in 1995, will become foreign minister, the media outlets said. The number of women in cabinet is the same as previous cabinets led by former premiers Junichiro Koizumi and Shinzo Abe. Kishida has also appointed pro-Taiwan politician Minoru Kihara to head the defence ministry, while retaining Shunichi Suzuki as finance minister and Yasutoshi Nishimura as economic minister, the media outlets said.

Persons: Fumio Kishida's, Kishida, Yoko Kamikawa, Sanae, Junichiro Koizumi, Shinzo Abe, Minoru Kihara, Suzuki, Yasutoshi Nishimura, Sakura Murakami, Miral Fahmy Organizations: NHK Locations: TOKYO, Tokyo, Taiwan

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