Former Japanese Prime Minister Abe Shot Dead During Campaign Speech

The politician was the country's longest-serving prime minister.

AccessTimeIconJul 8, 2022 at 10:27 a.m. UTC
Updated Jul 8, 2022 at 2:59 p.m. UTC

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

Former Japanese Prime Minister Shinzo Abe was assassinated earlier Friday during a campaign speech in Nara, a city in the western part of Japan.

  • Local broadcaster NHK reported Abe was shot in the chest and a male suspect was detained at the scene.
  • Abe served as prime minister of Japan and president of the Liberal Democratic Party from 2006 to 2007 and again from 2012 to 2020.
  • He was known for his aggressive financial and economic policies, dubbed “Abenomics,” which relied on monetary easing and strong fiscal policies to aid growth and development among the country's aging population.
  • U.S. premarket equity index futures dropped following the reports. S&P 500 futures fell 0.36% and Nasdaq 100 futures dropped 0.50%. In Europe, the Stoxx Europe 600 pared gains.

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Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

CoinDesk - Unknown

Shaurya is an analyst/editor for CoinDesk's markets team in Asia.

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