Japan stocks rally amid weakening yen after coalition drubbing
- Posted on October 28, 2024
- By Business News Today
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Japan stocks rally amid weakening yen after coalition drubbing
Japanese stocks surged as the yen hit a three-month low after Prime Minister Ishiba's coalition lost its parliamentary majority, raising uncertainty over policy direction. The Nikkei gained 1.5%, while the yen weakened, reflecting political instability and potential fiscal adjustments.