Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win

Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win

Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Japan’s Nikkei 225 tumbled over 4% on Monday, following a mixed set of economic data out of Japan and as traders reacted to the election of incoming Prime Minister Shigeru Ishiba. Japan’s August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% … Read more

Japan’s incoming PM Shigeru Ishiba sets October 27 date for snap election

Japan’s incoming PM Shigeru Ishiba sets October 27 date for snap election

TOKYO: Japan’s incoming prime minister Shigeru Ishiba said on Monday a snap election would be held on Oct. 27, sending voters to the polls one month after he won the ruling Liberal Democratic Party (LDP) leadership race. Ishiba is set to replace Fumio Kishida as Japan’s prime minister on Tuesday. Among Ishiba’s key picks so … Read more

nikkei today: Japan’s Nikkei plunges 4% on stronger yen after Ishiba win

nikkei today: Japan’s Nikkei plunges 4% on stronger yen after Ishiba win

Japan’s benchmark Nikkei share average tumbled more than 4% on Monday in reaction to a sharply stronger yen after perceived monetary policy hawk Shigeru Ishiba won the contest to become the country’s prime minister. The Nikkei traded 4.11% lower at 38,191.13 as of 0020 GMT, while the broader Topix index shed 2.9%. Japanese government bond … Read more

More all-time highs? Yes please

More all-time highs? Yes please

Traders work on the floor of the NYSE.  NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today All-time high, … Read more