Japan set for new PM as Kishida bows out as party leader

Japan's Prime Minister Fumio Kishida will not seek re-election as leader of the ruling Liberal Democratic Party (LDP), which he says needs a "new start".

The 67-year-old LDP veteran is expected to step down as PM after the party elects a new leader in September.

Support for Mr Kishida, who has been PM since 2021, has fallen in the wake of a corruption scandal involving his party, rising living costs and a slumping yen. read more