Japan without a governor as Fukui steps down

Political squabbling has left the Bank of Japan leaderless at a time of heightened global uncertainty.

Toshihiko Fukui, the former governor, stepped down on Wednesday 19 March without an official replacement after the opposition Democratic Party of Japan rejected the government's second nominee for the role.

Masaaki Shirakawa, whose deputy governor nomination was approved last week and who has 34 years'-worth of experience at the central bank, will serve as acting governor until a permanent r