Marketplace Morning Report Japan's prime minister is out, and markets are up
6 snips
Sep 8, 2025 Markets in Japan are reacting positively to the departure of Prime Minister Shigeru Ishiba, despite economic hurdles and a recent U.S. trade deal. Meanwhile, political tensions rise in France as the prime minister faces a confidence vote over budget cuts amidst growing national debt. In the UK, the significant issue of prisoner reoffending is highlighted, costing the government billions annually. Innovative rehabilitation programs are explored, showcasing the challenges ex-offenders face as they reintegrate into society.
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Markets Rally After PM Resigns
- Markets in Japan rose after Prime Minister Shigeru Ishiba resigned, signalling investor optimism about political change.
- The Nikkei 225 climbed about 1.5% and Ishiba will stay until a successor is chosen.
Trade Win Didn’t Calm Domestic Pressure
- Ishiba secured a US deal lowering car tariffs from 27.5% to 15% but still quit amid domestic pressure.
- Domestic issues like inflation and rising rice prices intensified political strain despite the trade win.
Growth And Policy Boost Confidence
- Japan revised GDP up by 0.5% quarter-on-quarter, noting wage growth and household spending.
- Economic data and the tariff deal together likely boosted investor confidence.
