Japan's new Prime Minister Ishiba unveils cabinet ahead of snap election

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Japan's new Prime Minister Ishiba unveils cabinet ahead of snap election
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The Ishiba administration's approach to diplomacy with Japan's closest ally, the United States, will be in focus.

Japan's new Prime Minister Shigeru Ishiba has appointed allies and rivals to his cabinet.The Ishiba administration's approach to diplomacy with Japan's closest ally, the United States, will be in focus, as he has repeatedly called for a more balanced relationship with Washington.

The Ishiba administration's approach to diplomacy with Japan's closest ally, the United States, will be in focus, as he has repeatedly called for a more balanced relationship with Washington. The veteran lawmaker, seen as somewhat of a party outsider who failed at four previous leadership bids, has named a mix of rivals and allies and to a cabinet of 20 ministers that includes only two women, fewer than half the previous administration.

The Nikkei stock index fell nearly 5% on Monday in reaction to a surging yen following Ishiba's win over Sanae Takaichi, a monetary dove and fiscal expansionist, in Friday's leadership contest. The index recovered ground on Tuesday. Among them is Takaichi, a hardline conservative he beat by 215 votes to 194 on Friday in the closest leadership election in almost seven decades. Local media reported she had declined a senior party post.

"We cannot establish proper governance through a pseudo-regime change," Noda said on public broadcaster NHK.

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