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Yen slumps as Japan’s ruling coalition loses majority for the first time in 15 years

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Oct. 28, 2024 4:12 AM ETUS Greenback / Japanese Yen (USD:JPY), JPY:USD, NKY:INDEWJ, DFJ, DXJ, DBJP, HEWJ, JPXN, FLJP, BBJP, EWJVBy: Jessica Kuruthukulangara, SA Information Editor

Takashi Aoyama

Japan is bracing for extra political instability after Prime Minister Shigeru Ishiba’s coalition misplaced its parliamentary majority over the weekend, sending the yen tumbling to a three-month low and additional clouding the nation’s financial outlook.

The ruling Liberal Democratic Get together and coalition



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