Abe Placed to Lead Japan Through 2021 After Big Election Win

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Abe Placed to Lead Japan Through 2021 After Big Election Win

By Isabel Reynolds
October 23, 2017, 1:01 AM GMT+8 October 23, 2017, 4:48 AM GMT+8

Prime Minister Shinzo Abe’s gamble on an early election may have just won him a chance to lead Japan through 2021.

Abe, 63, saw his ruling coalition retain its two-thirds majority in the 465-member lower house in an election on Sunday. That boosts his chances at winning another term next year as head of his Liberal Democratic Party, which could make him Japan’s longest serving leader.

The yen fell 0.3 percent to 113.89 per dollar as of 5:41 a.m. in Tokyo, the lowest level in more than three months.

More details in https://www.bloomberg.com/news/articles/...on-victory
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