INTERNATIONAL BUSINESS TIMES NEWSLETTER SIGNUP My account Log Out Sep 30, 1:27 AM EDT World U.S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion NEWSLETTER My account Log Out US Edition World U.
S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion Listings & More Spotlight Glossary SMB Forum Glossary K-Wave CEO Spotlight Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States NEWSLETTER Follow Us Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Business Japan's Next PM Eyes Snap Election, Reports Say, As Stocks Sink By Kyoko HASEGAWA Published 09/30/24 AT 1:27 AM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket Japanese reports said incoming prime minister Shigeru Ishiba is set to call snap elections for the end of October AFP Japan's incoming prime minister Shigeru Ishiba is poised to call snap elections for October 27, local media reported Monday, as equities plunge on a strong yen and fears that tax hikes are on the cards. Ishiba, who is set to be formally appointed as premier on Tuesday, supports the Bank of Japan's drive to hike interest rates and has said "there is room" to hike corporate levies.
The leadership contest for the ruling Liberal Democratic Party, which has governed almost uninterrupted for decades, went down to the wire on.
