The yen recovered from a 3-1/2 week low against the dollar Friday and rallied sharply after former defense minister Shigeru Ishiba, who is seen as supportive ... won the election for leader of the ...

The yen recovered from a 3-1/2 week low against the dollar today and moved sharply higher after former defense minister Shigeru Ishiba, who is seen as ... won the election for leader of the Liberal ...

Ishiba's leadership could also impact Japan's bond market, suggesting fewer hurdles for further interest rate hikes by the Bank of Japan. Clearer signals pointing to rate hikes could drive yields ...

Japan's ruling Liberal Democratic Party has picked Ishiba Shigeru as its next leader. Ishiba is expected to succeed Kishida Fumio, who is stepping down from the position, as the country's next prime ...