Loading...
Market
What will be the outcome of Shigeru Ishiba's first major international trip as Prime Minister by March 31, 2025?
2
Shigeru Ishiba•Japan•Liberal Democratic Party•LDP•Fumio Kishida•Ishiba•Sanae Takaichi•Bank of Japan•Japanese
Resolution / Starting Odds
Improved relations with the US • 25%
Improved relations with China • 25%
Improved relations with South Korea • 25%
No significant diplomatic progress • 25%
Official announcements and news reports
Story
Shigeru Ishiba, 67, Elected Japan's Next Prime Minister, Succeeds Fumio Kishida with 215-194 Vote
Sep 27, 2024, 07:11 AM
Former Defense Minister Shigeru Ishiba, 67, has been elected as the new leader of Japan's ruling Liberal Democratic Party (LDP) and is set to become the country's next prime minister, succeeding Fumio Kishida. Ishiba won the closely contested runoff election against economic security minister Sanae Takaichi with a vote count of 215-194. This marks Ishiba's fifth attempt to lead the LDP. Known for his plain-spoken opinions and strong interest in military affairs, Ishiba is seen as more yen-positive and has previously advocated for the Bank of Japan to align its policies with global interest rates. His victory has already impacted financial markets, with the Japanese yen surging and bond futures dropping. Ishiba is expected to assume office on October 1.
View original story
Similar markets
United States • 25%
China • 25%
South Korea • 25%
Other • 25%
Improved Japan-US relations • 25%
No significant change • 25%
Tensions increase • 25%
Meeting does not occur • 25%
Strengthened Relations • 25%
Weakened Relations • 25%
No Significant Change • 25%
Uncertain Impact • 25%
United States • 25%
China • 25%
South Korea • 25%
Other • 25%
Ishiba's party gains majority • 25%
Ishiba's party remains minority • 25%
Opposition gains majority • 25%
Hung parliament • 25%
Improved significantly • 25%
Improved slightly • 25%
No significant change • 25%
Deteriorated • 25%