Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news Asian Stocks Climb Following Japanese Prime Minister’s Resignation
  • Local news

Asian Stocks Climb Following Japanese Prime Minister’s Resignation

    Asian shares rise after Japan's prime minister resigns
    Up next
    Celebrity Net Worth logo
    After Co-Founding Roc-A-Fella Records, Jay-Z Rises to Multi-Billionaire Status While Damon Dash Faces $25 Million Bankruptcy
    Published on 08 September 2025
    Author
    Internewscast
    Tags
    • After,
    • asian,
    • Business,
    • Japan039s,
    • minister,
    • Naomi Fink,
    • prime,
    • resigns,
    • Rise,
    • Shares,
    • Shigeru Ishiba,
    • U.S. news,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest

    TOKYO – Asian stock markets mostly climbed with Japan’s main index surging on Monday morning, despite potential political upheaval following Prime Minister Shigeru Ishiba’s announcement of his resignation as the country’s leader and head of his party.

    This decision wasn’t entirely unexpected and is seen as a step towards progress, according to analysts, even though it introduces some uncertainty. The ruling Liberal Democratic Party, or LDP, will now have to conduct an election, with several candidates from the party showing interest in running.

    “Although markets might face short-term fluctuations due to the transitional nature of the current leadership, clarity might come once a new leader is in place. The LDP remains the dominant party, so the need for policy compromise will likely continue,” noted Naomi Fink, chief global strategist at Amova Asset Management.

    The Nikkei 225, Japan’s key stock index, rose by 1.4% to reach 43,630.54 in morning trading. Meanwhile, South Korea’s Kospi increased by 0.2% to 3,211.36, whereas Australia’s S&P/ASX 200 dropped 0.3% to 8,845.50.

    Hong Kong’s Hang Seng edged up 0.3% to 25,487.02, while the Shanghai Composite rose 0.2% to 25,487.02.

    On the same day, a report from Japan’s Cabinet Office revealed that the economy grew faster than previously estimated in the first fiscal quarter, at a seasonally adjusted rate of 2.2% annualized, exceeding the earlier projection of 1.0%, thanks to stronger consumer spending and better-than-expected inventory data.

    Last week on Wall Street, stock prices ended lower in Friday’s session due to ongoing concerns about the U.S. job market. Investors were uncertain if the slowdown was modest enough to encourage the Federal Reserve to cut interest rates, or severe enough to signal a possible economic decline.

    After rising to an early gain, the S&P 500 erased it and fell 0.3% below the all-time high it set the day before. The Dow Jones Industrial Average dropped 220 points, or 0.5%, after swinging between an early gain of nearly 150 points and a loss of 400. The Nasdaq composite edged down by less than 0.1%.

    A report from the U.S. Labor Department said American employers hired fewer workers in August than economists expected. The government also said that earlier estimates for June and July overstated hiring by 21,000 jobs.

    The disappointing numbers follow last month’s discouraging jobs update, along with other lackluster reports in intervening weeks, and traders are now betting on a 100% probability that the Fed will cut its main interest rate at its next meeting on Sept. 17.

    In energy trading, benchmark U.S. crude added 74 cents to $62.61 a barrel. Brent crude, the international standard, rose 80 cents to $66.30 a barrel.

    In currency trading, the U.S. dollar edged up to 148.20 Japanese yen from 147.39 yen. The euro cost $1.1709, down from $1.1723.

    ___

    AP Business Writer Stan Choe in New York contributed to this report.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    GBI investigating two deaths in Screven County
    • Local news

    GBI Probes Double Fatality in Screven County

    SCREVEN COUNTY, Ga. () – The Georgia Bureau of Investigation is looking…
    • Internewscast
    • September 28, 2025
    The Latest: Coming up fast, look for major shakeups in the AP's top 5 college football rankings
    • Local news

    Breaking News: Prepare for Significant Changes in the AP Top 5 College Football Rankings

    The latest AP Top 25 college football rankings are almost here. Look…
    • Internewscast
    • September 28, 2025
    What to know about Trump's new pharmaceutical tariff plan
    • Local news

    Key Details on Trump’s Latest Plan for Pharmaceutical Tariffs

    (The Hill) President Trump’s new pharmaceutical tariff policy introduces another obstacle into…
    • Internewscast
    • September 29, 2025

    Skip Lovers Lane: Survey Highlights Tennessee’s Top 3 Romantic Fall Drives

    For many, autumn signals “cuffing season,” prompting couples to find cozy retreats…
    • Internewscast
    • September 28, 2025
    City of Urbana receives grant for Mayor Williams Financial Literacy Program
    • Local news

    Urbana Awarded Grant for Mayor Williams’ Financial Literacy Initiative

    URBANA, Ill. (WCIA) — The City of Urbana has received a grant…
    • Internewscast
    • September 28, 2025

    A Year Post Helene: Carter County Holds Prayer Vigil and Community Worship Sessions

    In Carter County, Tennessee, the Carter County Recovery Group organized a prayer…
    • Internewscast
    • September 28, 2025

    Michigan LDS Church Shooting and Fire Leave 1 Dead, 9 Injured: Police Report

    Video above: Authorities give update after shooting, fire at Michigan church (Courtesy:…
    • Internewscast
    • September 28, 2025
    Federal jury indicts three women over ICE doxing in California
    • Local news

    A Federal Grand Jury Charges Three Women for Revealing ICE Agents’ Personal Information in California

    A federal grand jury has charged three women for allegedly illegal doxing…
    • Internewscast
    • September 28, 2025
    Evans County Sheriff's Office targets shootings with joint operation
    • Local news

    Evans County Sheriff’s Office Launches Joint Operation to Address Shootings

    The Evans County Sheriff’s Office (ECSO) revealed that it carried out a…
    • Internewscast
    • September 28, 2025
    Ford Co. group raising awareness for Down Syndrome
    • Local news

    Ford Co. Team Promotes Awareness About Down Syndrome

    In Paxton, Illinois, the conclusion of Down Syndrome Awareness Month marked a…
    • Internewscast
    • September 29, 2025

    Celebrating 40 Years of Good Samaritan Ministries: A Journey of Compassion

    JOHNSON CITY, Tenn. (WHL) — A prominent non-profit organization in the area…
    • Internewscast
    • September 29, 2025
    Iranian pres. details his injuries in Israeli bombing
    • Local news

    Iranian President Describes Injuries from Israeli Airstrike

    IE 11 is not supported. For an optimal experience visit our site…
    • Internewscast
    • September 28, 2025
    Are you an introvert, extrovert or newly discovered otrovert? Take this quiz to find out
    • Health

    Find Out: Are You an Introvert, Extrovert, or the Newly Discovered Otrovert? Take This Quiz to Discover Your True Personality!

    We all know people who are the life and soul of the…
    • Internewscast
    • September 29, 2025
    What will be Tyler Robinson’s defense strategy? Experts weigh in on accused Charlie Kirk assassin
    • US

    Experts Discuss Tyler Robinson’s Defense Tactics in Alleged Plot Against Charlie Kirk

    Tyler Robinson’s new defense attorney has an uphill battle representing the…
    • Internewscast
    • September 29, 2025
    Community members recount Michigan church attack
    • Local news

    Locals Share Their Accounts of the Michigan Church Incident

    IE 11 is not supported. For the best experience, please visit our…
    • Internewscast
    • September 29, 2025
    Asian shares trade mostly higher after Wall Street snaps its 3-day losing streak
    • Local news

    Asian stocks rise as Wall Street ends its 3-day losing streak

    Shares were mostly higher Monday in Asia after Wall Street broke its…
    • Internewscast
    • September 29, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.