World shares advance as China ups its stimulus and Japan's Ishiba is chosen to head its ruling party
Tokyo's Nikkei 225 index gained more than 2.3% to 39,829.56 as ruling party lawmakers chose former Defense Minister Shigeru Ishiba to become Japan's next prime minister. Ishiba, who will take over from Prime Minister Fumio Kishida next week, has proposed an Asian version of the NATO military alliance and a more equal Japan-U.S. security alliance.