Reuters:
TOKYO, Oct 4 – Japan’s ruling party picked hardline conservative Sanae Takaichi as its head on Saturday, putting her on course to become the country’s first female prime minister in a move set to jolt investors and neighbours.
The Liberal Democratic Party, which has ruled Japan for almost all of the postwar era, elected Takaichi, 64, to regain trust from a public angered by rising prices and drawn to opposition groups promising stimulus and clampdowns on migrants.
A vote in parliament to choose a replacement for outgoing Shigeru Ishiba is expected on October 15. Takaichi is favoured as the ruling coalition has the largest number of seats.
