New Japan PM Appoints Abenomics Proponent as Finance Minister

TOKYO (Reuters) - Japan's new leader Shigeru Ishiba appointed a proponent of former premier Shinzo Abe's "Abenomics" policies as finance minister on Tuesday, in an apparent balancing act to alleviate concerns over the next cabinet's economic strategy. ( read original story ...)

Asian markets mixed, Japanese stocks rally from Monday’s slump

A quarterly “tankan” survey by the Bank of Japan showed business confidence among large manufacturers remained steady at 13, indicating an improved outlook for business conditions. A positive number indicates that more companies maintain an optimistic outlook on business conditions than those who feel pessimistic.