Shigeru Ishiba set to become Japan’s next PM: Yen strengthens against USD, bond yields decline

Shigeru Ishiba, a seasoned moderate politician, will be Japan’s next prime minister after winning the leadership election of the governing Liberal Democratic Party (LDP). The 67-year-old former defense minister secured victory over his right-wing rival, Sanae Takaichi, by 215 votes to 194 in a runoff election held at the LDP...