Stocks fall, yen rises as Ishiba takes helm in Japan

Stock market investors and currency traders cheered when Sanae Takaichi, a protege of former prime minister Shinzo Abe and proponent of his stock market-friendly Abenomics, rose in polls and won the ruling Liberal Democratic Party’s (LDP) first-round presidential election last Friday. In that first round, Takaichi received 181 votes, followed by Shigeru Ishiba with 154,
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