Japan investors bet on risk of unknown over Ishiba's stagnation

Opposition gains amid voter frustration bring fiscal concerns but also chance for change

20250723N Nikkei Average

Japan's stock market seems to welcome the prospect of Prime Minister Shigeru Ishiba stepping down following his party's major election loss. (Photo by Nanami Sato)

YOICHI TAKITA

TOKYO -- Japanese stocks rose and bond prices fell Wednesday on reports that Prime Minister Shigeru Ishiba would announce his resignation soon, indicating that investors prefer the risks involved with a new leader over his stalled administration.

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