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International Business Times
International Business Times
Business

Asian Shares Rise As Japan Politics Weigh On Yen

Shigeru Ishiba Asia Japan United States Michael Brown Tokyo MUFG
Japanese bond yields also climbed after Ishiba said Sunday he would step down after less than a year in power (Credit: AFP)

Asian markets rose on Monday, with Tokyo up nearly two percent after Japanese Prime Minister Shigeru Ishiba's decision to resign pushed down the value of the yen.

Investors were also digesting weak US jobs data, while crude prices climbed after eight key members of the OPEC+ alliance said they had agreed to again boost oil production.

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