Tokyo, Sept 30, 2024 (AFP) - Japan's next PM aims for snap election, stocks sink

NAMPA / AFP
2024-09-30
Japan's incoming prime minister Shigeru Ishiba said on Monday he aimed to call snap elections for October 27, as equities plunged on a strong yen and fears that tax hikes are on the cards. Ishiba, who was set to be formally appointed as premier on Tuesday after winning the leadership of the ruling party, supports the Bank of Japan's drive to hike interest rates and has said "there is room" to raise corporate levies. The leadership contest for the......
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