By Rupert Wingfield-Hayes
BBC News, Tokyo
Yoshihide Suga wins election to succeed long-serving PM Shinzo Abe.
By Dr John Nilsson-Wright
Chatham House & University of Cambridge
Japanese PM Shinzo Abe has announces his resignation for health reasons.
- Copyright: Getty Images
Japanese shares recovered on Tuesday following comments made by prime minister Shinzo Abe to work closely with its central bank.
"Markets are making nervous movements amid uncertainty over the global economic outlook," Japan's prime minister Shinzo Abe said on Tuesday.
PM Abe's comments put pressure on the Bank of Japan to act on a pledge it made last week to support markets. Having fallen 5% on "Black Monday", Japan's benchmark index, the Nikkei 225, recovered to close the session 0.9% higher.
It had started the trading session more than 3% down but bounced back following Mr Abe's comments.