Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 2

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  3. 3

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
  4. 4

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  5. 5

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  1. 6

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
  2. 7

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial
  3. 8

    K-pop fandoms wield growing influence over industry decisions

    K-pop fandoms wield growing influence over industry decisions
  4. 9

    Korea's auto industry braces for Trump’s massive tariffs in Mexico

    Korea's auto industry braces for Trump’s massive tariffs in Mexico
  5. 10

    [Graphic News] International marriages on rise in Korea

    [Graphic News] International marriages on rise in Korea
피터빈트

Finance minister wins Japan party vote, to be P.M.

By

Published : Aug. 29, 2011 - 14:46

    • Link copied

Finance Minister Yoshihiko Noda speaks shortly after he was elected as the new leader of the Democratic Party of Japan at a voting by the party lawmakers in Tokyo Monday, Aug 29, 2011. (AP-Yonhap News) Finance Minister Yoshihiko Noda speaks shortly after he was elected as the new leader of the Democratic Party of Japan at a voting by the party lawmakers in Tokyo Monday, Aug 29, 2011. (AP-Yonhap News)

TOKYO (AP) -- Japan's ruling party has elected Finance Minister Yoshihiko Noda as its new chief, meaning he will almost certainly become the next prime minister and inherit the challenge of rebuilding from the country's disasters.

Noda, 54, is known as a fiscal conservative. He defeated Trade Minister Banri Kaieda on Monday in a run-off election 215-177 after none of the five candidates won a majority in the first round.

Noda will inherit a host of daunting challenges, from a sluggish economy to the massive reconstruction after March's tsunami and nuclear crisis.

He will go on to become prime minister because the ruling Democrats control the more powerful lower house of parliament.

 



More from Headlines