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Japan's Incoming PM Takaichi Picks Ex-Finance Minister as Deputy Party Leader, Ex-PM as VP
Sanae Takaichi appointed Shunichi Suzuki as LDP secretary-general and Taro Aso as vice president to balance fiscal policies amid market concerns about government spending.
- On Tuesday, Sanae Takaichi appointed Shunichi Suzuki as Liberal Democratic Party secretary-general and Taro Aso as vice-president of the ruling party.
- After the party picked Sanae Takaichi on Saturday, announcements followed her selection as head, putting her on course to become Japan's first female prime minister.
- Investors pushed shares higher and the yen lower as 20-year Japanese government bond yields hit a fresh 26-year peak and the benchmark 10-year JGB yield reached 17-year highs on Tuesday.
- Coalition math could push spending higher if Takaichi partners with the Democratic Party for the People, and bond markets remained jittery about a minority coalition forming an opposition alliance.
- Aso's record matters because he led during the Lehman Brothers collapse and urged fiscal discipline, but uncertainty remains if he will counter big spending amid Japan's fiscal posture.
12 Articles
12 Articles
Japan's incoming PM Takaichi picks ex-Finance Minister as deputy party leader, ex-PM as VP
Japan's incoming Prime Minister Sanae Takaichi has appointed former Finance Minister Shunichi Suzuki as the Secretary-General of her Liberal Democratic Party (LDP), who would essentially be her deputy in the party. She has also appointed former premier and party heavyweight Taro Aso as the party's vice president.
Japan’s Takaichi picks ex-premier Aso as party vice president
TOKYO (Reuters) -Sanae Takaichi, who is expected to become Japan’s next prime minister, chose former premier and party heavyweight Taro Aso on Tuesday as vice president of her ruling party. Takaichi also chose former finance minister Shunichi Suzuki as secretary-general of the Liberal Democratic Party (LDP), a job that wields huge influence in party affairs, in a line-up of key party posts announced on Tuesday. The ruling party picked fiscal and…
Japan's new LDP chief Takaichi taps ex-finance chief Suzuki as party No. 2
Sanae Takaichi, new leader of the ruling Liberal Democratic Party, on Tuesday appointed former Finance Minister Shunichi Suzuki as its secretary general, the party's No. 2 position, and former Prime Minister Taro Aso as its vice president.
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