Japan stock futures fall 5% as Ishiba to succeed PM Kishida

Japan's next premier supports raising rates, open to higher capital gains tax

20240927 USD YEN

New LDP leader Shigeru Ishiba favors raising interest rates to control inflation and boost the yen. (Photo by Yuji Murakmai)

LISA KIM, Nikkei staff writer

TOKYO -- The Nikkei 225 Futures plummeted at the open of Friday after-hours trading after a former defense minister clinched victory in the ruling Liberal Democratic Party's presidential race.

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