Liberal Democratic Party (LDP)

The yen fell to three-month low and futures pointed to a drop in Japanese stocks Monday after the Liberal Democratic Party and its coalition partner were dealt a heavy blow in a snap election.

Public support for the LDP has nosedived after the revelations last year that party members were secretly enriching themselves with funds from supporters.

Ishiba is the LDP’s consummate outsider, a dissident who has spent his career refusing to acquiesce to orthodoxy.

SINGAPORE (Nov 28): OCBC Investment Research is reiterating its “sell” call on casino operator Genting Singapore with a fair value of 75 cents, in light of the current economic policy uncertainties faced by Japan.