Japan’s Nikkei Tumbles After Party’s Election of New Prime Minister

Stocks dropped after Japan’s governing party chose Shigeru Ishiba, a critic of the country’s longstanding ultralow interest rates, as its leader. Politics and Government, Stocks and Bonds, Government Bonds, Interest Rates, Economic Conditions and Trends, Inflation (Economics), Bank of Japan, Liberal Democratic Party (Japan), Japan, Ishiba, Shigeru Stocks dropped after Japan’s governing party chose Shigeru Ishiba, a critic of the country’s longstanding ultralow interest rates, as its leader. NYT > Business

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