Japanese stocks tumble – follow here for live updates Ulcerative colitis: the condition that tanked two of Japan's PM Shinzo Abe's terms Japan’s longest-serving prime minister Shinzo Abe announced his resignation on Friday due to his ill health, in a bombshell development that kicks off a leadership contest in the world's third-largest economy. Mr Abe, 65, bowed in apology as he confirmed in a press conference that he was stepping down after nearly eight years at the political helm following a recurrence of a chronic inflammatory bowel condition. "I apologise from the bottom of my heart that despite all of the support from the Japanese people, I am leaving the post with one full year left in my term and in the midst of various policies and coronavirus," he said. His announcement brings to an end weeks of intense media speculation surrounding the health of Mr Abe, who has suffered from the condition ulcerative colitis since his teens. It is Mr Abe’s second time to resign as prime minister over ill health, having previously ended a one-year stint in power in 2007 due to the same medical condition before returning to power in 2012.
from Yahoo News - Latest News & Headlines https://news.yahoo.com/japans-pm-shinzo-abe-announce-053430045.html
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