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Japan-Update

'Abexit' fears send chill through Tokyo stock market

Worries over political risk recall 1998 government collapse amid 'lost decade'

Private school operator Moritomo Gakuen is suspected of having benefited from a sweetheart land deal courtesy of Abe's government to build this elementary school near Osaka. (Photo by Konosuke Urata)
MIO TOMITA, Nikkei staff writer | Japan

TOKYO -- International investors with long memories fear the scandal engulfing Japan's Finance Ministry threatens the political future of Prime Minister Shinzo Abe, recalling the setback to economic reforms that followed the downfall of a Japanese government two decades ago.

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