Japan PM Kishida won't run for re-election at LDP race, Kyodo reports
TOKYO - Prime Minister Fumio Kishida will not seek re-election for leader of Japan's ruling party beyond September, Kyodo news reported on Wednesday, ending a three-year term during which he pushed for higher wages and ramped up defence spending.
Kishida will not run for re-election in the Liberal Democratic Party leadership race, Kyodo reported citing senior administration staff. His decision to quit, which comes amid a slump in public support, will trigger a contest to replace him as LDP leader, and by extension as prime minister of the world's fourth biggest economy.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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