News Analysis: Japan markets sanguine despite political movements

The Japanese markets are sanguine at the prospect of a new prime minister and cabinet, according to ...

The Japanese markets are sanguine at the prospect of a new prime minister and cabinet, according to investors. Stocks had fallen earlier in the week, after nerves before the announcement of the new Japanese prime minister with the Nikkei 225 index losing 0.5% following Toyota’s drop of 0.8% to 6,240 yen. The Mizuho Financial Group, Japan's second-biggest bank, also had an impact, dropping 2.5% to 865,000 yen while Mitsui Trust Holdings, Japan's sixth-largest banking group, fell 1.8% to 1,241 yen. However, the market rallied again yesterday, as the Nikkei 225 index rose 390.42 points, ...