Shigeru Ishiba’s election as Japan’s next leader expected to rattle stock market

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shigeru Ishiba’s election as leader of Japan’s ruling Liberal Democratic party is expected to impact the stock market, with Nikkei 225 futures falling 6% following his victory. Ishiba, a China hawk set to become prime minister on October 1, supports the Bank of Japan’s monetary policy normalization but faces concerns over his proposed tax increases on companies and investment income.

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