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Shigeru Ishiba

Yen sinks, stocks surge as Japan enters leadership race after Ishiba resigns

Yen sinks, stocks surge as Japan enters leadership race after Ishiba resigns

Former Prime Minister Ishiba resigns after election losses, sparking a leadership race. The yen drops amid economic uncertainty, while contenders Takaichi and Koizumi emerge as key figures.

September 8, 2025